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KNOW ALL MEN BY THESE PRESENTS, <br />No. 1310 <br />TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA <br />Hartford, Connecticut 06183 <br />That we, -.--9IEJU-RILEY CONSTRQQJIONLQ.. INQ. as Principal, hereinafter called <br />the Principal, and TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, of Hartford, Connecticut, a <br />corporation duly organized under the laws of the State of Connecticut, as Surety, hereinafter called the Surety, are held <br />and firmly bound unto City of South Bend, Indiana <br />Five Percent (5 0) of total bid as Obligee, hereinafter called the Obligee, in the sum of <br />5% of Bid ' Dollars <br />$ —), for the payment of which sum well and truly to be made, the said Principal and the said <br />Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these <br />presents. <br />WHEREAS, the Principal has submitted a bid for 2021 Contractor Paving <br />Round 3 <br />Project No. 1 21 –049 <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract 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, or in the event of the failure of <br />the Principal to enter such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference <br />not to exceed the penalty hereof between the amount specified in said bid and such larger amount for which the Obligee <br />may in good faith contract with another party to perform the Work covered by said bid, then this obligation shall be null <br />and void, otherwise to remain in full force and effect. <br />Signed and sealed this 1 0th Oay of <br />Witness-Uwn E. Armsr <br />I <br />August 2021 <br />RIETtj41LEY CONSTRUCTION CO., INC. <br />- <br />//�/ar�� (Principal) (Seal) <br />(Name & Title) <br />Ruben Alvarado, Sales Manager <br />TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA <br />Sandra M. Nowak, Attorney -in -Fact <br />