Opening of Bids - River Walk from Beyer Street to Howard Park Proj No 117-083A - Northern Indiana Construction Company Inc.

Home Browse Search

OHIO FARMERS INSURANCE COMPANY One Park Circle, P O Box 5001, Westfield Center, Ohio 44251-5001 KNOW ALL MEN BY THESE PRESENTS, that we NORTHERN INDIANA CONSTRUCTION CO., INC. as Principal, hereinafter called the Principal, and OHIO FARMERS INSURANCE COMPANY, Westfield Center, Ohio 44251, a corporation duly organized under the laws of the State of Ohio, as Surety, hereinafter called the Surety, are held and firmly bound unto BOARD OF PUBLIC WORKS CITY OF SOUTH BEND INDIANA oun -Ci _Building Room 1316 227 West Jeffers n treej, South Bend IN 466 as Obligee, hereinafter called the Obligee, in the sum of FIVE PERCENT OF TOTAL AMOUNT BID Dollars ($ 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 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 Contract and for the prompt payment of labor and material furnished in the prosecution thereof, 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 10th day of December 2019 NORT"' RN INMANA CONSTRUCTION CO. (lri .1pei) eai) B �r ?avid J. Walorss Ifesident (Title) Ohio FCompany (Sur y) eai) S. Annette Mullet, ttomeyu (Title) Printed in cooperation with the American Institute of Architects (AIA) by the Ohio Farmers Insurance Company document conforms exactly to the language used in AIA Document A310, February 1970 edition. 1 The language in this BD5084 OF (11/97)