Opening of Bids - Pinhook Park Site Improvements Proj No 118-077A - Rieth-Riley Construction

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No. 1141 BID BOND TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA Hartford, Connecticut 06183 KNOW ALL MEN BY THESE PRESENTS, That we, I . 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 finrtly bound unto C i t y of South Bend, Indiana as Obligee, hereinafter called the Obligee, in the sum of Piv- r en f l Dollars of bidfor 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 Pinhook Park Site Improvements Project No. 118-077A 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 bid 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 null and void, otherwise to remain in full force and effect;. Signed and sealed this 2 6 th day of Witness Da E . Armst ong OL Witness Diane M. 6Leary November 2019 RIETH-RILEY CONSTRUCTION CO.. INC. (Principal) (Seal) 7Ua ame&')°'Vi6 fmick, Sales Manager TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA Sandra M. Nowak, Attorney -in -Fact