Opening of Bids - Kizer Mansion Window Repair Project No 119-024R - JW Werntz & Son Inc

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,Bond No.: Bid Bond Document A310 TM - 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: ¢'1`roue, legal.clalrrs nrrd rrddi•ess) J. W. Werntz & Son, Inc. 1002 Kerr St. South Bend, IN 46601 OWNER: (Xaarrc, legal slalrrs and address) City Of South Bend, Indiana, Board of Public Works 227 W Jefferson Blvd South Bend, IN 46601 SURETY: (Xinne, legal slalrrs and principal place of haoin ss) The Ohio Casualty Insurance Company 175 Berkeley Street Boston, MA 02116 Mailing Address for Notices BOND AMOUNT: $ 5% Five Percent of Amount Bid PROJECT: (Manic, location or address andl'rojeclaxonber, ifaittj Kizer Mansion Window Repair -Window Renovation This document has important legal consequences. Consultation with an attorney is encouraged with respect to its completion or modification. Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. The Contractor and Surety are bound to the Owner in the amount set forth above, for the payntont of which the Contractor and Surety bind themselves, their licirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this Bond arc such that if the Owner accepts the bid of the Contractor within the time specified in the bid documents, or within such tine period as may be agreed to by the Owner and Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terms of such bid, and gives such bond or bonds as inay be specified in the bidding or Contract Documents, with a surety admitted in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof, or (2) pays to tine Owner the difference, not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount for which the Owner may in good faith contract with another party to perlunn the work covered by said bid, then this obligation shall be null and void, otherwise to remain in full three and effect. The Surety hereby waives any notice ol'an agreement between the Owner and Contractor to extend the lime in which the Owner may accept the hid. Waiver ol'notice by the Surcty shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time lbr acceptance ol'bids speci lied in the bid documents; and the Owner mid Contractor shall obtain the Surety's consent liar an extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid ton Contractor, the tcnu Contractor in this Bond shall be decmcd to be Subcontractor and the teran Owner shall be decmcd to be Contractor. When this Bond has been litrnished to comply with a statutory or other legal requirement in the location of the Project, any provision in this Bond conllicting with said statutory or legal requirement shall be deemed deleted herefrom and provisions cunibrining to such statutory or other legal requirement shall be deemed incorporated herein. When so lumished, the intent is that this Bond shall be construed US a statutory bond and not as a common law• bond. Sinned and scaled this 22nd day of October, 2019 w J. W. Werntz & Son, Inc. ! !fir a a l a!) (Seal) !il llraessl � , t'l�fllat) JVNSU The Ohio Pasualty Insurance Company Con lrS lld l arr � )alevw so illeit racieS -I S-0054/AS 8110