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Opening of Bids - 2021 Street and Sewer Materials Bid Proj No. 121-018 - Ferguson Waterworks
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Opening of Bids - 2021 Street and Sewer Materials Bid Proj No. 121-018 - Ferguson Waterworks
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4/14/2021 3:59:29 PM
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4/14/2021 3:58:53 PM
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Board of Public Works
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Projects
Document Date
4/13/2021
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Document A310TM - 2010 <br />Conforms with The American Institute of Architects AIA Document 310 <br />Bid Bond <br />CONTRACTOR: <br />Mmne, legal slanry and addmxv) <br />Ferguson Enterprises, LLC <br />dba Ferguson Waterworks <br />1077 Oliver Plow Court <br />South Bend, IN 46601 <br />OWNER: <br />(Nrace, legalslanrsandaddrau) <br />City of South Bend <br />1316 County -City Building <br />227 West Jefferson Boulevard <br />South Bend, IN 46601 <br />SURETY: <br />!Ir'mne, legal srnrus and pNneipnl place rfbudne cr) <br />Federal Insurance Company <br />202E Hail's Mill Road <br />Whitehouse Station, NJ 08889 <br />Mailing Address for Notices <br />202B Hail's Mill Road <br />Whitehouse Station, New Jersey 08889 <br />This <br />document hex important <br />legal consequences. Consultation <br />with an attorney is encouraged <br />with respect to its completion or <br />modifleatlon. <br />Any singular reference to <br />Contractor, Surety, Owner or <br />other party shall be considered <br />pluraI where applicable. <br />BOND AMOUNT: 5°/a Five Percent of Total Bid Amount plus any Alternates <br />PROJECT: <br />(Aama, locnrlonoraddross; attdl'roject number, ifan}) <br />2021 Street and Sewer Material Bid Project No. 121-018 <br />The Cattmctorand Sureq• arc bound to the Owner in the amount set forth above, for the payment of which the Contmctor and Surety bind <br />t ronise yes* their heirs, executors, administrators, successors and assigns,jointlyand severe v, as provided herein. Tho conditions of this <br />Bond arc such that if the Orvner accepts the bid of the Contractor within the time specified in the bid documents, or within such time period <br />as may be agreed to by the Owner and Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with <br />the temis ofsuch bid, mud gives such bond or bonds as truly be specified in the bidding or Contract Documents, with a surety admitted in <br />the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful perlommnce of such Contract and for the prompt <br />payment of labor and material famished in the prosecution thereof or (2) pays to the Owner the difference, not to exceed the amount of <br />this Bond between the amount specified in said bid and such larger amount for which the Owner may in good faith contract with another <br />party in perform the work covered by said bid, then this obligation shall be null and void, otherwise to remain in full face and ell'eel. The <br />Surely hereby waives any notice of lm agreement between the Orvnerand Contractor to extend the time in which The Owner may umepl the <br />bid. Waiverol'amice 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 Contractorshall obtain the Surety's coastal lift an extension beyond <br />sixty (60) days. <br />If this Bond is issued in connection with a subcontractor's bid to a Contmctor• the temr Contractor in this Bond shall be doomed to be <br />Subcontractor and the term Owner shall be deemed to be Contmctor. <br />When this Bnnd has been Ihmished to comply with n statutory or riher legal requirement in the location oflhe Project any provision in <br />this Mond conllicting with said xlandory or legal reyuiromenl shell be deemed deleted herelhrm and provisions conlitmting to such evaaaaa„ae�a <br />statutory or other legal requirement shall be deemed incorporated herein. When so furnished, the intent is that this Bond shall be ,LyM1'ip <br />as a statutory bond and not as a common law bond. �.• ®Ra ` :".:��.q���+ <br />Signed and waled�this <br />� 13th day of April, 2021. <br />ltPlnass) <br />/lt'U,raur) Pablo Rios, I V <br />SA054IAS 8fio <br />rU Ir0 <br />Ferguson Enterprises, LLC dba Ferguson Watmntork ; r <br />!PHit al) (Sea!) u- <br />/�/� •1'.SEAI. ' <br />Federal Insurance Company ,ysip <br />l.Snrer)) (.Seal) ae � <br />uu� v <br />By. , <br />l7711e) Wendy a Wadkins,°taNr <br />Attorney n- act <br />
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