Opening of Bids - Privet Lane Culvert Replacement Project Proj No 118-013B - G. E. Marshall, Inc.

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Bid Bond CONTRACTOR: (Name, legal slalus and address) G.E. Marshall, Inc. 1351 Joliet Rd. Valparaiso, IN 46384 Document, A31 0 TM - 2010 Conforms with The American Institute of Architects AIA Document 310 SURETY: (Name, legal slakrs and princlpal place a0mvine.Kw) Fidelity and Deposit Company of Maryland 1299 Zurich Way, 5th Floor Schaumburg, IL 60196-1056 Malling Address for Notices OWNER: 1299 Zurich Way (Nanre.legal slatusardaddrwss) Schaumburg, IL 60196-1056 City of South Bend, Indiana, Board of Public Works County -City Building Room 1316, 227 West Jefferson Blvd,. South Bend, IN 46601 BOND AMOUNT: 5% Five Percent of the Base Bid Plus any Alternates PROJECT: (vans, location or addrxrA aid i'rojecl number, ljan) j Privet Lane Culvert Replacements Project; Project No. 118-013B This document has Important legal consequences. Consultation with an attorney is encouraged wfth 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 Owvtner in the amount set forth Above, for the payment of wwohich tho Contractor and Surely bind themselves. their hairs„ executors, administrators, successors and assigam jointly and severally, as provided herein, The conditions of this Bond are such flint if the Owvner accepts the bid of ilic Contractor within the time specified in lite bid documents„ or %vilhin such time period as may be agreed to by Ilia Owner and Contractor, and lire Contractor either (1) enters into a contract with the Owner in accordance with the tarts ofsuch 'bid, and gives such bond's or bonds as may be specified in the bidding or Contract Docunten,% %with a surety admitted in the jurisdiction of tha Project and othcrwviso acceptable to the Owvner, 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 the Owner the difference, not to exceed the amount of this Bond, between ilia amount specified in said bid and, such larger amount for which the Owner may in good faith contract with another party it) 1*r(onn the work covered by said bid, than this obligation shall be null and void, otherwise to remain in full lbree and ellect. The Surety hereby waives any notice of an Agreement between Cite Owner and Contractor to extend the time in which die Owner may accept the bid. Waiver or notice by fllrc Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time liver acceptance of bids specified in the bid dataunients, and fife 0%viter and Contractor shall obtain the Surety's catnsent for an exionsion beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the terns Contractor in this Bond shall be deemed to be Subcontractor and the tcnn Owwncr shall be deemed to be Contractor. When this Clonal tins been linrnished locomply with a statutory or other legal requirement in the location of the Ptx ect, any provision in this nand conflicting %whir maid statutory or legal requirement Nbull be deemed deleted lieralrom: and provisions conforming for such ,statutory or other legal requirernent shall be deemed incorixinncd herein. Vilren so 11antished, the intent is thallhis B halk�p consirood As a statutory hood and not as a common low brrwad« �r�." A F? Signed d sea this 10th day of December, 2019. m s GORe rev =, G.E. Marshall, Inc. rlttipn i (ban « (11'lrirc+ss) Paige Wawok B � C °AMPl1111111w1ry (i"14cJ Ross J. hall, Corporate Secretary 0 P ,' 01 Fidelity and Deposit Company of Maryland (Il lttrw) h R. Postma By. )llg (ndej Davidl M',. O) r ey-in-Fact S-00541AS 8110