Opening of Bids - Water Treatment Chemicals 2021-2022 - Alexander Chemical Corporation

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AIA Document A310T"" -2010 CONTRACTOR: SURETY: (Maine, legal status and address) (Vanre, legal stalrrs and principal place ALEXANDER CHEMICAL CORPORATION ofbusine,ss) 7593 S. First Road Kingsbury, IN 46345 HARCO NATIONAL INSURANCE COMPANY King702 Oberlin Road This document has important legal Raleigh, NC 27605 consequences. Consultation with OWNER: an attorney is encouraged with (Name, legal stales and address) respect to its completion or CITY OF SOUTH BEND modification. 1316 County -City Building, 227 West Jefferson Boulevard, South Bend, IN 46601 Any singular reference to Contractor, Surety, Owner or BOND AMOUNT: Ten Percent of Amount bid other party shall be considered (10% of Amount Bid) plural where applicable. PROJECT: (Afame, location or address, and Project number, if anv) Supply and Deliver Water Treatment Chemicals for 2021-2022 Project Number, if any: The Contractor and Surely are bound to the Owner in the amount set forth above, for the payment of which the Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor within the time specified in (lie bid documents, or 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 Owner in accordance with the terms of such bid. and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surely, adnutted in the jurisdiction of the Project and otherwise acceptable to the Owner, 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 amount for which the Owner may in good faith contract with another party to perform (he work covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and effect. The Surely hereby waives any notice of an agreement between the Owner and Contractor 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 sixty (60) days in (lie aggregate beyond the time for acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for an extension beyond sixty (60) days. if this Bond is issued in connection with a subconlractor's bid to a Contractor, the tern Contractor in this Bond shall be deemed to be Subcontractor and the term Owner shall be deemed to be Contractor. When this Bond has been furnished to comply with a statutory or other legal requirement in the location of the Project. any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted licrefrom and provisions confomung to such statutory or other legal requirement shall be deemed incorporated herein. When so furnished. the intent is that this Bond shall be construed as a statutory bond and not as a common law bond - Si d and sealed this 6th day of April, 2021 (lI ress) (11'itnc.ssi Paul Allen ALEXANDER CHEMICAL CQRPORATION (Title) Rfbert Davidson, President HARCO NATIONAL INSURANCE COMPANY [�Srq•er t meal) . e Aerie Walton, Attorney in Fact AIA Document A3101"' — 2010. Copyright 0 1963, 1970 and 2010 by The American Institute of Architects. All rights reserved.