Opening of Bids - Roof Restoration & Replacement at S. Main St. Proj No. 119-084B - Midland Engineering Co., Inc.

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Document A310 TM -2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: SURETY: (Name, legal status and address) (Name, legal status and piiitciped place e f l tcrittt vv) The Cincinnati Insurance Company Midland Engineering Co., Inc. P.O. Box 145496 Cincinnati, OH 45250-5496 This document has important P O Box 1019 legal consequences. Consultation South Bend, IN 46624 Mailing Address for Notices with an attorney is encouraged with respect to its completion or OWNER: modification. (Name, legal status and address) Any singular reference to Contner or Cit of South Bend, Indiana Board of Public Works other actor, hallbeo considered City other party shall be considered 227 W Jefferson Blvd plural where applicable. South Bend, IN 46601 BOND AMOUNT: 5% Five Percent of Amount Bid PROJECT: (,Vain, location or address. and Project number, (f mtij Former Salvation Army Building Roof Repairs, 506 & 510 South Main Street, South Bend, IN 46601 The Contractor and Surety are bound to the Owner in the amount sot forth above, for the payment of which the Contractor and Surety bind themselves, their heirs, oxccutors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this Bond arc such flint if the Owner accepts file bid of file Contractor within the time specified in the bid documents, or within such tinic period as may be agreed to by the O%wicr and Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the ternis 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 otherwise acceptable to the Omier, 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 aniount for which the Owner may in good faith contract with another party to peribmi lite work: covered by said bid, then this obligation shall be null and void, otherwise to remain in lull lbrce and ellect. The Surety hereby waives any notice ol'an agreement between the Owner and Contractor to extend (he lime in which the Owner may accept the bid. Waiver ol'notice by (lie Surely shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time Ibr acceptance of bids specified in the bid documents, and [lie Owner and Contractor shall obtain the Surely's consent lbr un extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall be deenied to be Subcontractor and the term Owner shall be deemed to be Contractor. When this Bond has been furnished to comply with u statutory or other legal requirement in lire locution of (lie Project, any provision in this Bond conflicting with said statutory or legal requirement shall be deenied deleted hereliom and provisions conliimiing to such statutory or other legal requirement shall be deemed incorporated herein. When so lumished, (he intent is that this Band shall be Construed as a statutory bund and not as a common law bond. Signed and scaled tit' 9th day of February, fl!'iuress) /fe�� _ ,y /�• SQ9 e,, S 2Cre,�!'/ (lI'iutes ) S•0054/AS 8/10 2021. Midland Engineering Co., Inc. (Principal)) (seal) Bv: 1410�- (Tule) 7 IiCMe-1 W . Fmhn, CPA —Prc54'ele -l-/CEo/0r-O The Cincinnati Insurance Company (.titrretyj ('Seryl) is CORPORATE SEAL y: (Titlefacie House o ey-in-Fact 0M