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■ <br />Bond No. 6128066 <br />Bid Bond <br />KNOW ALL PERSONS BY THESE PRESENTS, that we BEST EQUIPMENT CO INC <br />5550 POINDEXTER DRIVE <br />INDIANAPOLIS, IN 46235 <br />as Principal and Federated Mutual Insurance Company , a corporation, organized and existing under the laws of <br />the State of Minnesota and having its principal place of business at 121 East Park Square, PO Box 328, Owatonna, <br />MN 55060, as Surety, are held and firmly bound unto <br />CITY OF SOUTH BEND <br />227 W. JEFFERSON BLVD SOUTH BEND, IN 46601 <br />in the sum of 10% OF THE BID <br />Dollars ($ <br />as Obligee, <br />for payment of which the Principal and the Surety bind themselves, their heirs, executors, administrators, successors <br />and assigns, jointly and severally, firmly by these presents. <br />THE CONDITION OF THIS OBLIGATION IS SUCH, That, whereas the Principal has submitted or is about to submit a <br />proposal to the Obligee on a contract for SIX THOUSAND UNIVERSAL/NESTABLE REFUSE CONTAINERS <br />NOW, THEREFORE, if the said contract be awarded to the Principal and the Principal shall, within such time as may <br />be specified, enter into the contract in writing, and give bond, with surety acceptable to the Obligee for the faithful <br />performance of the said contract; or if the Principal shall fail to do so, pay to the Obligee the damages which the <br />Obligee may suffer by reason of such failure not exceeding the penalty of this bond, then this obligation shall be void; <br />otherwise to remain in full force and effect. <br />Signed and sealed this <br />24TH <br />BY: <br />day of MARCH 2020 <br />IPMENT CO INC <br />'n al)_ _ <br />Marta Dahlmann, Secretary/T1 as rer <br />F erated Mutu l Insurance Comp ny <br />BY: °n 4ANZE FISHER ;alarr4y ardMak <br />AF-30M Ed. 10-18 <br />