Opening of Bids - Water Treatment Chemicals 2020-2024 - Kemira Water Solutions, Inc.

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Document A31OTM - 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: (Name, legal slams and addre+s) Kemira Water Solutions, Inc 4321 West 6th Lawrence, KS 66049 OWNER: (Xame, legal stales and addrosa) City of South Bend 227 West Jefferson South Bend, IN 46601 BOND AMOUNT: $ 10% SURETY: (Vane, legal surfus mid prfncipal place of hiatness) Fidelity and Deposit Company of Maryland This document has important 1299 Zurich Way, 5th Floor legal consequences. Consultation Schaumburg, IL 60196-1056 with an attorney is encouraged with respect to its completion or modification. Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. Ten Percent of Amount Bid PROJECT: (Xame, location or address andl'rgjectnranher, if act) Water Treatment Chemicals 2020-2024 The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor within the time specified in the bid documents, or within such lime period as may be agreed to by the Owtncr and Contractor, and the Contractor cither(1) enters into a contract with ilia Owner in accordance with the terns of such bid, and gives such bond or bonds as may be specified in the bidding or Contract documents, with a surety admitted in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract and for the prompt payment of labor and material firmished in the prosecution thereof: or (2) pays to (lie Owner the difference, not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount for which the Owner may in good faith contract with another party to perlbrm the work covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and ellecl. The Surety hereby waives any notice ol'un agreement between the Owner and Contractor to extend the lime in which the Owner may accept the bid. Waiver ornolice by the Surely shall not apply to any extension exceeding sixty (60) days in (lie aggregate beyond the time Ior acceptance orbids specified in the bid documents; and the Owner and Contractor shall obtain the Surety's consent for an extension beyond .sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall be deemed to be Subcontractor and the term Owner shall be deemed to be Contractor. When this Bond has been furnished to comply with a slalutory orother legal requirement in the location ol'the Projecl. any provision in (his Bond conflicting with said statutory or legal requirennenl shall be deemed deleted herel'rom and provisions confimning to such statutory or other legal requirement shall be deemed incorporated herein. When so liimished, the intent is that this Bond shall be construed as a statutory bond and nat as a common law bond. Signed and scaled this 14th day of April, 2020 (j (07wess) Kemira Water Solutions, Inc. (Prlri l (eali W Fidelity and Deposit Company of Maryland _ 0 d i t`" ale) ephens Crjgos Ater ey-in-Fact Surety Phone No. 847-605-6000 S-0054/AS 8l10