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No. 1203 <br />11D BOND TRATELERS CASiU!ALTY AND SURETY COMPANY OF AMERIC-A <br />Hartford, Connecticut 06183 <br />That we, RIETH-RIILEY CONSTRUCTl.QN.C.Q,. INC. as Principal, hereinafter called <br />the (principal, and TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, of Hartford, Connecticut, a <br />corporation duly organized under the laws of the State of Connecticut, as Surety, hereinafter called the Surety, are held <br />and firmly bound unto City of South Berta r Indiana.... <br />as Obligee, hereinafter called the Obligee, in the sum of <br />Five Percent (5%) of total bid Dollars <br />bict ), for the payment of which sum well and truly to be made, the said Principal and: the said <br />Surety, bind ourselves, Our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these <br />presents. <br />WHEREAS, the Principal has Submitted a bid for 2020 Contractor Paving <br />Project No. 120-030 <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with <br />the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or <br />Contract Documents with good and sufficient surety for the faithful performance of such, or in the event of the failure of <br />the Principal to enter such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference <br />riot to exceed the penalty hereof between the amount specified in said bid and such larger amount for which the Obligee <br />may in good faith contract with another party to perform the Work covered by said bid, then this obligation shalt be null <br />and void, otherwise to remain in full force and effect. <br />h May 2020 <br />Signed! and sealed thiis 26tday of <br />RIETH-RILEY CONSTRUCTION CO., INC. <br />"Witness Datn E. Arrristrg�g 1� . .... .... . .. . .......... ... . ...... . . ... ..... <br />....... _ (Prindpai) (Seal) <br />.. ............ . <br />dltrgli i� aA_- McCormick, Sales Manager <br />TRA V ELE RS CASUALTY AND SURETY COMPANY OF AMERICA <br />Witness Nicole K West <br />Sandra M. Nowak, Attorn,ey-in -Fact <br />