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CONTRACTOR:
<br />(Name, legal status and address)
<br />Ritschard Bros., Inc.
<br />1204 W. Sample Street
<br />South Bend, IN 46619
<br />SURETY: Western Surety Company: South Dakota Corporation
<br />(Name, legal status and principal place
<br />of business)
<br />151 N. Franklin Street
<br />17th Floor
<br />Chicago, IL 60606
<br />OWNER:
<br />(Name, legal status and address)
<br />City of South Bend, Indiana
<br />Board of Public Works
<br />County -City Building, Room 1316
<br />227 W. Jefferson Blvd.
<br />South Bend, IN 46601
<br />BOND AMOUNT: Five Percent (5%) of Accompanying Bid
<br />This document has important legal
<br />consequences. Consultation with
<br />an attorney is encouraged with
<br />respect to its completion or
<br />modification.
<br />Any singular reference to
<br />Contractor, Surety, Owner or
<br />other party shall be considered
<br />plural where applicable.
<br />PROJECT:
<br />(Name, location or address, and Project number, if any)
<br />Gemini at Colfax Apartments Exterior Renovations
<br />Project No. 119-103
<br />626 W. Colfax Street
<br />The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the
<br />Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and
<br />severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor
<br />within the time specified in the bid documents, or within such time period as may be agreed to by the Owner and
<br />Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terms of such
<br />bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted
<br />in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract
<br />and for the prompt payment of labor and material furnished in the prosecution thereof, or (2) pays to the Owner the
<br />difference, not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount
<br />for which the Owner may in good faith contract with another party to perform the work covered by said bid, then this
<br />obligation shall be null and void, otherwise to remain in full force and effect. The Surety hereby waives any notice of
<br />an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of
<br />notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for
<br />acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for
<br />an extension beyond sixty (60) days.
<br />If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall
<br />be deemed to be Subcontractor and the term Owner shall be deemed to be Contractor.
<br />When this Bond has been furnished to comply with a statutory or other legal requirement in the location of the Project,
<br />any provision in this Bond conflictin with said statutory or legal requirement shall be deemed deleted herefrom and
<br />provisions conforming to such s t ry or other legal requirement shall be deemed incorporated herein. When so
<br />fur " 'I d, the intent is al, ,, s d shall be , strued as a statutory bond and not as a common law bond.
<br />gnedi id s(1- cd hi, day of Fe.b.r.u.arV 20,291
<br />Ri chard Bros., Inc.
<br />'i
<br />I . . ....... . ... ... . . .. .......
<br />YII-ItCil, 41)1 (Seal)
<br />. ........ -- ---- . . . ...... ....... .... . ......... . ... .
<br />(Witness) T'Ak� k_ _ . U,
<br />. .. . ............ . . -
<br />("1vle) Rachelle L. DoInlak, PresideInt
<br />Western Surety Company
<br />. ........ . . . Sur (Seal)
<br />(Witness)
<br />onnie-J Messer, 11 y1ey,
<br />... ............
<br />Printed in cooperation with the American Institute of Architects (AIA).
<br />The language in this document conforms to the language used in AIA Document A310 - Bid Bond - 2010 Edition.
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