Opening of Bids - East Bank Trail Storm Repairs Proj No 118-306 - Rieth-Riley Construction

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No. 1139 BID BOND KNOW ALL MEN BY THESE PRESENTS, TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA Hartford, Connecticut 06183 That we, . l as Principal, hereinafter called the Principal„ and TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA of Hartford, Connecticut, a. corporation duly organized under the laws of the State of Connecticut, as Surety„ hereinafter called the Surety, are held and firmly bound unto Cit of South $end 1niana as Obligee, hereinafter called the Obligee, in the sum of ( Five Percent oo a �, for the payment of which sum well and truly to be made, the said Principal —and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has submitted a bid for East Bank Trail Storm Repairs Project No. 118-306 NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or Contract Documents with good and sufficient surety for the faithful performance of such, or in the event of the failure of the Principal to enter such Contract and give such bond or bonds„ if the Principal shall pay to the Obligee the difference not to exceed the penalty hereof between the amount specified In said bad and such larger amount for which the Obligee may in good faith contract with another party to perform the Work covered by said bid, then this obligation shall be nuil and void, otherwise to remain in full force and effect. Signed and sealed this 1 2 th day of Witness Daw E. Armstro Witness Diane M. O'Leary November 2019 RIETH-RILEY CONSTRUCTION CO., INC. (Principal) (Seal) Ruben WrIvaraho, Engineer/Estimator TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA ',Sandra M, Nowak, Atto�neyM -Fact �.