Opening of Bids - Spec U - One or More 2019 or Newer Single Axle Multi Use Dump Truck - Selking International

Home Browse Search

PLiberty. Mutual. The Ohio Casualty Insurance Company SURETY BID OR PROPOSAL BOND KNOW ALL MEN BY THESE PRESENTS, That we,P_ecaturTjLuckp_12dTraql_or_,Obggglking,intemational of 2807 Goshen Rd Fort Wayne IN 46808 (hereinafter called the Principal) as Principal, and The Ohio CasuaV Insurance Company , with its principal office in the City of Keene , Nov Hampshire (hereinafter called the Surety), as Surety, are held and firmly bound unto City of South Bend of 1316 Coun!y City Bldg, 227 W Jefferson Blvd South Bend IN 46601 (hereinafter called the Obligee) in the penal sum of----------10% of Final Contract Price --- ---- Dollars --------- 10%---------- lawful money of the United States, for the payment ofwhich sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors, and assigns. THE CONDITION OF THIS OBLIGATION IS SUCH, that whereas, the Principal has submitted the accompanying bid dated 10/21/2019 for 1-Sin le Axle Dump Truck and 2-Tandem Axle Dump Trucks NOW, THEREFORE, if the Obligee shall make any award according to the terms of said bid and the Principal shall enter into a contract with said Obligee in accordance with the terms of said bid and give bond for the faithful performance thereof within the time specified; or if no time is specified within thirty days after the date of said award; or if the Principal shall, in the case of failure so to do, indemnify the Obligee against any loss the Obligee may suffer directly arising by reason of such failure, not exceeding the penalty of this bond, then this obligation shall be null and void: otherwise to remain in full force and virtue. Signed, sealed and dated:10/18/2019 Decatur Truck and Tractor Inc dba Selking International (Principal) The Ohio Casualty Insurance Company ,r ` Y 0) r A+ d T Matt Matt Smith (ttrraltp � h- act) . S-137-Rev.