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OWNER: <br />(Name, legal status and address) <br />South Bend, City of -Board of Public Works <br />227 W. Jefferson Blvd. <br />South Bend, IN 46601 <br />BOND AMOUNT: Five Percent (5%) of the attached bid <br />PROJECT: <br />(Name, location or address,' and Project number, if any) <br />Ignition Park: EV Charging Park <br />The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the Contractor and Surety <br />bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. The <br />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 <br />within such time period as may be agreed to by the Owner and Contractor, and the Contractor either (1) enters into a contract with the <br />Owner in accordance with the terms of such bid, and gives such bond or bonds as may be specified in the bidding or Contract <br />Documents, with a surety admitted in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance <br />of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof; or (2) pays to the Owner the <br />difference, not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount for which the <br />Owner may in good faith contract with another party to perform the work covered :by said bid, then this obligation shall be null and void, <br />otherwise to remain in full force and effect. The Surety hereby waives any notice of an agreement between the Owner and Contractor <br />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 <br />sixty (60) days in the aggregate beyond the time for acceptance of bids specified in the bid documents, and the Owner and Contractor <br />shall obtain the Surety's consent foe 'an extension beyond sixty (60)4ays. <br />If this Bond is issued in connection with a subcontractor's bid to a :Contractor, the term Contractor in this Bond shall be deemed to be <br />Subcontractor and the term Owner shall be deemed to be Contractor. <br />When this Bond has been furnished to comply with a statutory or other legal requirement in the location of the Project, an ov' ion in <br />this Bond conflicting with said statutory or legal requirement shall be deemed deleted h TI�nlzl orming to s h <br />statutory or other legal requirement shall be deemed incorporated herein. When so fu in�# shall <br />construed as a statutory bond and not as a common law bond. �'�f0� <br />*sift CONSTRUCTION CO., INC. <br />Signed and sealed this 9th day of March* 2021 <br />n A <br />DavAbert <br />Merkel, Vice -Pr sident <br />Lis (Witness) <br />Printed with permission from The Am <br />Westfield Group®. Westfield Group <br />Document A310'I'12010. <br />arican Institute of Archi <br />vouches that the lang <br />Larson -Danielson Construction Co.. Inc. <br />(Principal) <br />By. <br />(Seal) <br />Timothy F, Larson, President <br />OHIO FARMERS INSURANCE COMPANY <br />(Surety) <br />(Seal_ <br />B <br />Casandra Lemley, Attorne -in-Fact <br />(Title) <br />(AIA) and the Surety & Fidelity Association of America (SFAA)`by <br />in the document conforms exactly to the language used in AIA <br />