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Document A31OTM - 2010 <br />Conforms with The American Institute of Architects AIA Document 310 <br />Bid Bond <br />CONTRACTOR: <br />SURETY: <br />(Noes,, legal.elnlnsmrdnrlrfren) <br />(Norse, leralsianaa nnden ..rmdpbee fb cnee) <br />Jordan Automotive Group dba Jordan Ford <br />The Hanover Insurance Company <br />609 E. Jefferson Boulevard <br />440 Lincoln Street <br />important <br />leisd consequences. <br />legal censequences. Consulmtlon <br />Mishawaka, IN 46545 <br />Worcester, MA 01653 <br />wi0t an attorney is encouraged <br />with respect to its completion or <br />OWNER: <br />mo3fiwtion. <br />(.game, kicalsranumidadTruu) <br />Any singular reference to <br />City of South Bend <br />Contractor, Surety, owner or <br />other party shall be considered <br />1045 West Sample Street <br />plural where applicable. <br />Indiana, IN 46619 <br />BOND AMOUNT: $ 10% Ten Percent of Amount Bid <br />PROJECT: <br />(,tiara, lantlmroraddas; mMl'rolecinumbcr, lfnr0) <br />City of South Bend, Three or More or Less, 2020 Newer Front Wheel Drive Cargo Van(s) Spec M <br />for <br />as may be agreed to by the Otvlim and Contractor, and The Contractor either (I) miters into a contract with We Owner in accordanco with <br />Ilse unnsofsach bid, and gives such bond or bout as may be specified in the bidding or Contract Uocnmenb, with a surety admitted in <br />tlwjudsdiction of the lWj«t mid otherwise acceptable to the Owner, for the faithful performance ofsuch Contract and for the prompt <br />payment oflabor and national famished in the prosecution thereof, or (2) pays to the Owmarthe diRerciew not to exceed the amount of <br />this Bond, betty«n the amount specified in mid bid and such larger summit for which the Owner may in good faith conimet with another <br />party to perform the work covered by said bid, then Ihis obligation elmll be null and void, olloroixe to ...in to full fine. and e11a.l. The <br />Surety hereby waives any make of. agreement between Ilse Owner and Contractor to extend the than in which the Owner may accept the <br />bid. Waiverof notion by ilia Surety sbail not apply to any extension exc«ding sixty (60) Java in the aggregate beyond Ilia lime fin <br />acceptance ol'bids sp«ifd in the bid dtrcnmens; and the Owner and Gmtmdor shall ubmin Ile So.13N consent fart an extension beyond <br />xixty(60)duys. <br />Ifthis Bond is issued in sonne tion with a subcontractor's bid to a Contractor, the tent Contractor in this Bond shall be deemed to be <br />Subcontractor and the tent Owner shall be deemed to be Connector. <br />When this nand has been Annishd to .,at ply with a atmntory or allter legal requirement in the location ,fill. Pnjeak any Morison in <br />this Mind mmi fitting with avid smlutory or legal requirement shall be d«md deleted to errom and provisions nmlinming, to such <br />statutory or other legal requirement shall be deemed incorporated herein. When an famished, the talent is that this Bond shall be construed <br />Its It statutory Fond and nm as a mamma law Ixmd. <br />Signed and scaled this 13th day of October, 2020 <br />dPlae .) os 5 con <br />s-00541AS 8110 <br />Jordan Automotive_Group dba Jordan Ford <br />(Pnne1 g) (Seal) <br />By: l 4 <br />(C le) O,on-Vr9yle-y- <br />The Hanover Insurance Company <br />(,finery) otimrl) <br />By — lWJ� 1. 4� <br />Mile)Kellie, A. Meyer Atiomey-in-Fact <br />Surety Phone No. 508-853-7200 x-4476 <br />