Opening of Bids - Water Treatment Chemicals 2021-2022 - Kemira Water Solution, Inc.

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Document A310M - 2010 Conforms with The American Institute bf Architects AIA Document 310 Bid Bond CONTRACTOR: (Ainne, legid sl rtav and addmmv) Kemira Water Solutions, Inc. 4321 West 6th Lawrence, KS 66049 OWNER: (Xante, legal stags and address) City of South Bend 227 West Jefferson South Bend, IN 46601 BONDAMOUNT: $ 10% SURETY: J (,Mania, !egad menace ardprineiptd place rfhusimmvi Fidelity and Deposit Company of Maryland 1299 Zurich Way, 5th Floor Schaumburg, IL 60196-1056 Ten Percent of Amount Bid PROJECT: (Xante, location or address atd1'rg1eclntmi&cr, /jars) Water Treatment Chemicals 2021-2022 This document has important legal consequences. Consultation with an attorney is encouraged with respect to Its completion or modification. Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the Contractor and Surety bind ticnrsetses, their Icirs; 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 the bid documents, or vithin such time period as may be agreed to by the Owner and Contractor, and the Contractor either(I) 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 die bidding or Contact Documents, with a surety admitted in tho jurisdiction of the Project aid 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 perliomo the work cowered by said bid, then this obligation shall be null and void, otherwise to remain in full force and etieel. The Surety hem v waives any notice or an ugrccmcM between the Owner and Contactor to extend the (into in which the Owner muy uccepl the bid. R'aiver (if notice in, the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time liar acceptance or bids .%Wci lied in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for an extension beyond sixty (60) days. /f this Bond is issued in connection with n subcontractors bid to a Contactor, the term 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 lbruished to comply with a statutory orother legal requirement in the location offlic Projecl. any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herel'ro n and provisions conAmoing h) such statutory or other legal requirement shall be deemed incorporated herein. When so fumixhed, the intent is that this Band shall be construed us a slatuhrr• bond and not ass common law bond. Sig sc4 this 13th day of April, 2021 r f (m nr i3 / S-00541AS 8110 Water Solutions, Inc. tPrinci al (Seal) - - By: m,le) I1N `vlGt i1L lW t I do 1;1?A4{ SI (b�v`I r�te+nral �- Fidelity and Deposit Company of Maryland By: 2&IU !1'nle)C. §111ephens Gr' gs rneyin-Fact = Surety Phone No. 847-605-6000