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THE AMERICAN INSTITUTE OF ARCHITECTS <br />AIA Document A310 <br />Bid Bond <br />KNOW ALL MEN BY THESE PRESENTS, THAT WE <br />as Principal, hereinafter called the Principal, and RLI Insurance Comoanv� <br />9025 N. Lindberah Drive. Peoria IL 61615 <br />a corporation duly organized under the laws of the State of I <br />as Surety, hereinafter called the Surety, are held and firmly bound unto City of South Bend, Indiana Board of Public Works <br />Counly-City Building 227 W Jefferson Blvd Ste 1316 South Bend IN 46601 <br />as Obligee, hereinafter called the Obligee, in the sum of Ten Percent of Amount Bid <br />Dollars ($ 10% ), <br />for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind ourselves, our heirs, <br />executors, administrators, successors and assigns, jointly and severally, firmly by these presents. <br />WHEREAS, the Principal has submitted a bid for Water Treatment Chemicals 2021-2022 <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contraci with <br />the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or <br />Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt <br />payment of labor and materials furnished in the prosecution thereof, or in the event of the failure of the Principal to enter <br />such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the <br />penalty hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith <br />contract with another party to perform the Work covered by said bid, then this obligation shall be null and void, otherwise <br />to remain in full force and effect, <br />Signed and sealed this <br />13th <br />day of April 2021 <br />AIA DOCUMENT A310 � BID BOND � AIA � FEBRUARY 1970 ED. � THE AMERICAN <br />INSTTTUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D.C.20006 <br />