Opening & Award Bids - Century Center Esports Arena Rebid Proj No. 119-106CR - Martell Electric, LLC

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CONTRACTOR: (Name, legal status and address) Martell Electric, LLC 4601 Cleveland Road South Bend, IN 46628 Document A31 0'rm - 2010 Conforms with The American Institute of Architects AIA Document 310 SURETY, (Name, legal status under incilar 1placo (fbi4viness) Western Surety Company 151 N. Franklin Street Chicago, IL 60606 Mailing Address for Notices OWNER: 151 N. Franklin Street (Name, legalstatirsondaddress) Chicago, IL 60606 City of South Bend, Board of Public Works 227 West Jefferson Blvd South Bend, IN 46601 BOND AMOUNT: 5% Five Percent of Amount Bid PROJECT: (Name; location or address., andProject number, ifenti) Century Center Esports Arena, Project No, 11 9-1016CR This document has Important legal consequences, consultation mfith 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. The Contractor and Surety -ire bound to lite Owner in the an'toutit set forth above, for the payment of which fire Contractor and Surety bind thein,selves, their ficirs, executors, administrators, successors and assions, jointly and severally, as provided berchi. Tho conditions ofthis Bond are such that if the Owner accepts the bid of the Contractor wilhii) the tirric specified in the bid dowinicats, or within such finio period as may be agreed to by lite Civviicr and Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the ferins of such bid, and gi%reS Such bond or bonds as may be specified in the bidditig or Contract Documents, with a surety admitted in the jurisdiction of the iliqjectaiidotlienviseacceptable to tiro Owirer; for the faithful perforniance of such Contract and for the prompt payniont of labor and material furnished in the prosecution thereof; or (2)pays to the Owner the diffirence, not to exceed the amount of this Bood, between the amount specified in said bid and such larger aniount for which the Ownermay in good faith contract with another party to perlbrin the work covered by.said bid, Illen this obligatiortsSall be null and void, otherwise to remain in full A)= and cillect. The Surety hereby waives any notice orar, agreement between fire owner and Contractor to extend the time in which the Owner may aucept lite bid, Waiver ol'notice by lieu Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the timu for acceptance of bids %pecirted 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 witil -1 SUbcoartraotor'.q bid to a Contr.10tor, the forin Contractor in this Bond shall be deemed to be Subcontractor and tine terns Owner shall be decorod to be Contractor. When this Bond has been Iarnished to c6mpty vvilli it statutory, or other legal requirement in the location ot'die Project, any provision in this Bond conflicting with:,aid slalutory or legal requirenicni shall be damned deleted heretrom and provision% cootbriming to such statutory or other legal requirement %,hall be decrued incorporated herein. When so fiarnished, the intent is that this Bond shall be Construed us aslattilory bond and not as it common law bond. Siglied and seated this 3rd day of September, 2020. Martell Electric, LLC tp)lf By: 'ad- (TI'le) Ptesiaent Western Surety Company (Sold) By: (Title) Susan Lupski Aftorney-,in-FTct 8-0054/AS 8/10 '0