My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Opening & Award of Bid - 2020 Community Crossings Round 2 Proj No. 120-059 - Milestone Contractors North, Inc.
sbend
>
Public
>
Public Works
>
Board of Works Documents
>
2021
>
Opening of Bids
>
Opening & Award of Bid - 2020 Community Crossings Round 2 Proj No. 120-059 - Milestone Contractors North, Inc.
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/14/2021 3:51:51 PM
Creation date
4/14/2021 3:49:54 PM
Metadata
Fields
Template:
Board of Public Works
Document Type
Projects
Document Date
4/13/2021
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
64
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
CZ H U B E3` Surety O+ 908.903.3485 <br />202B Halls Mill Road, PO Box 1650 F + 908.903.3656 <br />Whitehouse Station, NJ 08889-1650 <br />Federal Insurance Company <br />AIA Document A31OTM - 2010 Bid Bond <br />Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. <br />CONTRACTOR <br />(Name, Iegal status and address): <br />Milestone Contractors North, Inc. <br />24358 State Road 23 <br />South Bend, IN 46614 <br />OWNER <br />(Name, legal status and address): <br />City of South Bend <br />227 West Jefferson Boulevard <br />South Bend, IN 46601 <br />BOND AMOUNT 5% Five Percent of the Total Bid <br />PROJECT <br />(Name, location or address, and Project number, if any) <br />2020 Community Crossings Round 2, Project No. 120-059 <br />SURETY <br />(Name, legal status and principal place of business): <br />Federal Insurance Company <br />202B Halls Mill Rd., PO Box 1650 <br />Whitehouse Station, NJ 08889-1650 <br />The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the <br />Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and <br />severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor <br />within the time speed in the bid documents, or within such time period as may be agreed to by the Owner and <br />Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terms of such <br />bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted <br />in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract <br />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 <br />for which the Owner may in good faith contract with another party to perform the work covered by said bid, then this <br />obligation shall be null and void, otherwise to remain in full force and effect. The Surety hereby waives any notice of <br />an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver <br />of notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for <br />acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for <br />an extension beyond sixty (60) days. <br />If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall <br />be deemed to be Subcontractor and the term Owner shall be deemed to be Contractor. <br />Printed in cooperation with theAmerican Institute of Architects (AIA) by Chubb. The language in this document conforms to the language used in <br />AIA Document MIO TM- 2010. <br />Form 15-02-0575•FED (Rev. 3117) <br />
The URL can be used to link to this page
Your browser does not support the video tag.