Opening of Bids - One (1) or More, 2020 or Newer, Emergency Medical Vehicle – Spec P - American Response Vehicles

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Document A310 TM - 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: (Name, legal status and address) American Response Vehicles 521 Hillsdale Road Columbia, MO 65201 OWNER: (Name, legal status and address) City of South Bend 227 West Jefferson Blvd. South Bend, IN 46601 SURETY: (Name, legal slalus and !ni»cipul Place r f h'ahles ) The Hanover Insurance Company 440 Lincoln Street Worcester, MA 01653 Mailing Address for Notices 333 Pierce Road, Suite 300 Itasca, IL 60143 BOND AMOUNT: 10% Ten Percent of Amount Bid PROJECT: (Xame, location or address and Project neunber, if mtl j This document has Important legal consequences. Consultation 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. One (1) 2021 AEV Traumahawk 172x96x73 Type I Medium Duty Ambulance International LP The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the Contractor and Surcty bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. Tile 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 %vithin such lime period as may be agreed 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 nlay be specified in the bidding or Contract Docunrenis, 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 furnished in the prosecution thereof; or (2) pays to the 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 perlbrnl the wort: covered by said bid, then this obligation shall be null and void, otherwise to remain in !'all three and ellect. Tile Surely hereby waives any notice ol'un agreement between the Owner and Contractor to extend the lime in which the Ownermay accept the bid. Waiver olholice by the Surely shall not apply to ally extension exceeding sixty (60) days in file aggregate beyond the time lbr acceptance of bids speciled in the bid documents, and the Owner and Contractor shall obtain the Surety's consent tier an extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid ton Contractor, the tens Contractor in this Bond shall be deemed to be Subcontractor and the teriu Owner shall be deemed to be Contractor. When this Bond has been 11irnished to comply with a statutory or other legal requirement in the location ol'lhe Project- any pmvision in tllis Bond collllicting with said statutory or legal requirement shall be deemed deleted herelronl and provisions conlilmling to such slalulory or other legal requirement shall be deemed incorporated herein. When so furnished, the intent is that this Bond shall be construed as u slatlilory bond and not as a common law bond. Signed and scaled this 5th day of November, 2020. r American Response Vehicles (Pll»ciPaI (Seal) B y: (rl Nn��s Wig Ali • • The Hanover Insurance Company _ (Sure!)) (Seal) By: (Title) Sarah E. DeYoung t rney-In- S-0054/AS 8/10