Opening of Bids - WWTP Masonry Improvement Gallery Buildings 1-4 Proj No. 120-036 - Berglund Construction Company

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TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA BID BOND Hartford, Connecticut 06183 CONTRACTOR: SURETY: (Namglegal status and address) (Namelegal status and principal place of business) Berglund Construction Company Travelers Casualty and Surety Company nfAmerica 8410S. South Chicago Avenue One Tower Square Chicago, Illinois 60517 Hartford, CTO6183 �N11=3 /Kanxe,legal status and edoteooj: City ofSouth Bend 1316County-City Building South Bend, |N46801 BOND AMOUNT: Five Percent / 596 ) PROJECT: VVVVTPMasonry Improvements Gallery Buildings 1-4 (Neme,location oraddress, and Principal number, if any) 3113Riverside Drive South Bend, |N48G28 The Contractor and Surety are bound hothe Owner inthe amount set forth above, for the payment ofwhich the Contractor and Surety bind themae|vee, their heins, executors' administrators, successors and assiQns, jointly and sevena|k/, as provided herein. The conditions of this Bond are such that if the Owner mooepba the bid of the Contractor within the time specified in the bid documenbs, or within ouoh time period as may be eQnsed to by the Owner and Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terms of such bid, and gives such bond or bonds as may be specified in the bidding or Contract Documente, with e 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 furnished in the prosecution thereof; or(2) pays to the Owner the difference, not toexceed the amount ofthis Bnnd, between the amount specified in said bid and such larger amount for which the Owner may in good faith contract with another party tV perform the work covered by said bid' then this obligation shall be null and void, otherwise to remain infull force and effect. The Surety hereby waives any notice of an agreement between the Owner and Contractor to extend the time inwhich the Owner may accept the bid. Waiver ofnotice bythe Surety shall not apply toany extension exceeding sixty (60) days in the aggregate beyond the time for acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for on extension beyond sixty (00) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the hann 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 statutory or other legal requirement in the location of the Project, any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrorn and provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein, When so furnished, the intent is that this Bond shall be construed as a statutory bond and not as a common law bond. Signed and sealed this 13th day of October ' 20 20 (Principal) (Seal) /77tl* JuokThbbia.Praoident-Reaturuton Travelers Casualty and Surety Company of America Vy The Company executing this bond Vouches that this document conforms mAmerican Institute of Architects Document A310, 2010 Edition