Opening of Bids - Two (2) More or Less, 2020 or Newer, Three-Quarter Ton Extended Cab Four Wheel Drive Pick-Up Trucks – Spec K - Jordan Ford

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Document A310TM - 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: SURETY: A ` r•'erlm, leg"Ist(r(R(aed.. L/rC4f A'(elre,rag(rL[I(rin[(Vrdh/tpal�blPlMC(fil[n'IIH!AY) Jordan Automotive Group dba Jordan Ford The Hanover Insurance Company 609 E. Jefferson Boulevard 440 Lincoln Street This document has importantlegal consequences. Consultation Mishawaka, IN 46545 Worcester, MA 01653 wife an attorney is encouraged with respect to Its completion or OWNER: mo3ficalloa. (A'rtan, lagnl slnlas anded,5,exr/ Any singular reference to City of South Bend Contractor, Surety, Owner or other party shall be considered 1045 West Sample Street plural where applicable. South Bend, IN 46619 BOND AMOUNT: $ 10% Ten Percent of Amount Bid PROJECT: (Neare, lorellonoreddmss mall'wJecn —bv,,, Jme) Spec K-Two or More or Less 2020 or Newer 3/4 Ton Extended Cab Four Wheel Drive Pick Up Trucks Tim Contractor and Surety am bound to the Owner in the amount act forth above, for the payment of which Ilia Contractor and Surety bind themselves, their heirs, executors, administrators. successors and assignsjointlyand scvcmlly, as provided herein. The conditions of this Bond are such that if the Owncr accepts the bid of the Contractorwithin the time specified in the bid documents, or %vithin such time period as may, be screed to by the Ovener and Contractor, and the Connector either(I) enters into a contract with the Owner in accordance with the tents ofs ch bid, and gives sah bond or bonds as may be specified in Ore bidding or Contract Documents, with a surely admitted in ihcjurisdiction of tire Project and otherwise acceptable to Ilia Owner, for [lie faithful performance ofsuch Contract and for ilia prompt payment of labor and material furnished in the proveeaiou thereof: or (2) pays to the Owner the difference, not to exceed ilia amount of this Bond between Ilia amount specified in said bid and shah larger summit for which the Owner may in good faith contrect with another party to perfume the wv k cowered by raid bid, then [his abligution shall be unit and void, otherwise In remain in fell [mac and ellect. The Surety hereby waives any notice ofaiiagreement between [he Owner and Connector to extend the time in %%]rich the Owner they accept the bid. Wnirer of retire by Ito Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time Ibr nompne morbidsstiecilied in ilia bid documents. and the Owner and Contmctorshall obtain the Surety's consent to, an extension beyord Ifthis Bond is issued in connection with a subcontractors bid to n Contmctor. Ilia tcros Connector in this Bond shall be deemed to be Subcontractor and the term Owner shell be deemed to be Contractor. When this Bond has been flumished to comply will u malumry or other legal requirement in the hs:alina ofihe Pmjea, any pmwixinn in this Bend conllicting with said tutelary or legal roquiromenl shall be deemed deleted herel'rem and provisions containing tre such sanneryy or other legal requirement shut[ be due .... d hworporawd herein. When se famished, the intent is that this Dead shall be canard us a sldlulory bond and not as a common law bond. Signed and scaled this IOth dayof November, 2020 �G7k • 1 - Oren owepF asea Jordan Automotive Group dba Jordan Ford (Prnsclpn$ rSeep Mile) n-wxl I to e The Hanover Insurance Company rtiumry) � (.tienl) By: C7 1X.�fGR l.. ri (nl/e)Kellie A. Meyer Attorney -in -Fact Surety Phone No. 508-853-7200 x4476 "054AS goo