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

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Document A31OTM - 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: (Name, legal status and address) Horton Emergency Vehicles LLC 3800 McDowell Road Grove City, OH 43123 OWNER: (Name, legal stat+rs and address) South Bend Fire Department 1222 S. Michigan Street South Bend, IN 46619 SURETY: (Name, legal status and priucipul place r jburines:,9 Travelers Casualty and Surety Company of America One Tower Square Hartford, CT 06183 Mailing Address for Notices 13935 Bishops Drive, Suite 360 Brookfield, Wisconsin 53005 BOND AMOUNT: 10% Ten Percent of Amount Bid PROJECT: (,Name, location or address, and)'roJectnumber, if any) 2022 International/Horton 603 Ambulance 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. The Contractor and Surety arc bound to the Owncr in the amount set forth above, for the payment of which the Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as provided heroin. The 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 within such time period as may be agreed to by the Owner and Contractor, and the Contractor either(l) 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 documents, with a surety admitted in the jurisdiction of the project and othen%ise acceptable to the Owner, for the faithful perfomlance 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 peribmt the wort: covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and e&cl. The Surety hereby waives any notice of rot agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time Ibr acceptance ol'bids specif ed in the bid documents, and Elie Owner unit Contractor %hull obtain the Surety's consent for an extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the limn Contractor in this Bond shall be doomed to be Subcontractor and the term Owner shall be doomed to be Contractor. When this Band ties been furnished to comply with a statutory or other legal requirement in the locution ol'the project, any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefmm unit provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so furnished, the intent is that this Bond %hull be construed as a Statutory bond and not as a common law bond. Signed and scalcd this 5th day of November.2020. Horton Emergency Vehicles LLC !Principal) (Seal) (Wluress) By: (Title) 1->&CI rn 11Tin,e,.,9 Lisa M. Slakes S-00541AS 8110