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Document A310 TM - 2010 <br />Conforms with The American Institute of Architects AIA Document 310 <br />* # J <br />CONTRACTOR: <br />(,'liana, legal S7altrc mid addrvxt) <br />Ferguson Enterprises, LLC <br />dba Ferguson Waterworks <br />1077 Oliver Plow Court <br />South Bend, IN 46601 <br />OWNER: <br />(,'hairs, legal slalrrs asd add;=) <br />City of South Bend <br />1316 County -City Building, 227 West <br />Jefferson Boulevard <br />South Bend, IN 46601 <br />SURETY: <br />(Maine, legal malus and principal place rJhrcvin(mv) <br />Federal Insurance Company <br />202E Hall's Mill Road <br />Whitehouse Station, NJ 08889 <br />Mailing Address for Notices <br />202E Hall's Mill Road <br />Whitehouse Station, New Jersey 08889 <br />BOLD AMOUNT: 5% Five Percent of Amount Bid <br />PROJECT: <br />(Nana, location or addras4 and l'roJect nrunber, U'any) <br />2020 Street and Sewer Department Materials, Project No. 120-005 <br />This document has important <br />legal consequences. Consultation <br />with an. attorney Is encouraged <br />with 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 />The Contractor and Surety are bound to the Owner in the amount set forllt above, for the payment of which the Contractor and Surety bind <br />themsehros. their heirs, executors, administrators, successors and assigns, jointly and severally. as provided herein. The conditions of this <br />Bond are such that if the Owner accepts the bid of the Contractor within the tine specified in the bid documents, or within such time period <br />as may be agreed to by the Owner and Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance wish <br />the terms of such bid, arid gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted in <br />the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract and for the prompt <br />payment of labor and material furnished in the prosecution thereof; or (2) pays to the Owner the dif3'eronce, not to exceed the amount of <br />this Bond, between the amount specified in said bid and such larger amount for which the Owner may in good faith contract with another <br />party to perliornt tho work covered by said bid, then this obligation snail bo null and void, otherwise to remain in lull forco and ollcul. The <br />Surety hereby waives any notice of art agreement between the Owner and Contractor to extend the time in which the Owner may accept the <br />bid. Waiver ariotice► by the Surely siall not apply to tiny extension exceeding sixty (fit?) days in the aggregute beyond the time for <br />acceptance ol'bids specified in the bid docmnents, and the Ounor and Contractor shall obtain the Surely's consent for tin extension beyond <br />sixty (60) days. <br />If this Bond is issued in connection with a subcontractor's bid to a Contractor, the tone Contractor in this Bond shall be deemed to be <br />Subcontractor and the term Owner shall be deemed to be Contractor. <br />When this hand has been furnshed to comply with u statutory or other legal requirement in the location of the Project, any provision in <br />flus tt,lstatutory <br />tierequirement deemed <br />deleted <br />provisiom <br />tnEoxt Wy,M04,1ite� statutory r otherlegalrequiretentshllbedented incorporated herein. so 1ufished, lie intent is that thisl3rod sl '01 <br />as u statutory bond and not as a common law bond. ...... <br />A• <br />a 'P •. <br />Signed and sealed this 14th day of April, 2020. ` �� ; • 9,y �� <br />• lL : cn <br />rr- <br />Ferguson Enterprises, LLC dba Ferguson WaterworPs ; [ <br />(PMnclprrl) <br />f� (� / J L • FA[. <br />li{'llrrctssl M �X C�2t' S +� rnr 9� } By: <br />? (� I��,�t�l..l 4'/I l �,��'1 , r , , • . tie <br />f1711e) r.,,I, ►,,, . <br />6�i tE:AVM fl7` t i <br />rear <br />Federal Insurance Company <br />ro <br />($rntNy) (Neal) q <br />By: A <br />(7711o) en y LenWadkins orney-in- ac ' 'NotAKa <br />S•00541AS 8110 <br />