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A31 OTM � 2010
<br />AIA. Documeni
<br />CONTRACTOR:
<br />SURETY:
<br />(Name, legal status and address)
<br />(-Name, legal status and principal place
<br />HRP Construction Inc.
<br />of business)
<br />Fidelity and Deposit Company of Maryland
<br />PO Box 266
<br />This document has important legal
<br />South Bend, IN 46624-0266
<br />Chicago. IL
<br />consequences. Consultation with
<br />OWNER:
<br />an attorney is encouraged with
<br />(Name, legal status and address)
<br />respect to its completion or
<br />City of South Bend Board of Public Works
<br />modification.
<br />County -City Building Room 1316, 2.2.7 West Jefferson Blvd
<br />Any singular reference to
<br />South Bend, IN 46601
<br />Contractor, Surety, Owner or
<br />BOND AMOUNT:
<br />other party shall be considered
<br />Five Percent of the Total Bid
<br />5% of Total Bid
<br />plural where applicable.
<br />PROJECT:
<br />(Name, location or address, and Project number, if any)
<br />City of South Bend 2021 Drainage Improvements
<br />- Kaley St & Marion St,- Project No. 121-006A
<br />The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the
<br />Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, Jointly and
<br />severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor
<br />within the time specified in the bid documents, or within such time period as may be agreed to by the Owner and
<br />Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terms of such
<br />bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents. with a surety admitted
<br />in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract
<br />and for the prompt payment of labor and material. furnished in the prosecution thereof, or (2) pays to the Owner the
<br />difference, not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount
<br />for which the Owner may in good faith contract with another party to perform the work covered by said bid, then this
<br />obligation shall be null and void., otherwise to remain in full force and effect. The Surety hereby waives any notice of
<br />an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of
<br />notice 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 Contractor shall obtain the Surety's consent for
<br />an extension beyond sixty (60) days.
<br />If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall
<br />be deemed to be Subcontractor and the to Owner shall be deemed to be Contractor.
<br />When this Bond has been furnished to comply with a statutory or other legal requirement in. the location of the Project,
<br />any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and
<br />provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. When, so
<br />furnished, the intent is that this Bond shall be construed as a statutory bond and not as a common law bond.
<br />Signed and sealed this 17th day of August 2021.
<br />(Witnes
<br />Nancy Knapi,k", Vice President
<br />on etton h
<br />(Pri ',,ipal 'Seal)
<br />(Title Matthew D. Cain, President
<br />Fidelity and Deposit Company of Maryland
<br />(Surety) (Seal)
<br />it ss)
<br />(Title) J, L. Ka67nia, Otto y in Fact
<br />0
<br />CAUTION: You should sign an original AIA Contract Document, on whf this text appears in RED. An original assures that
<br />changes will not be obscured.
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<br />Init. II Document A31 OTI — 2010. Copyright @ 1963, 1970 and 2010 by The American In�tituteaf Architects. All ae�ghs reserved. WARNING: This AJAO
<br />t is protected by U.SCright Law antreaties. Unautzed reproduction or strbution of this AIAO Document, or
<br />any portion of it, may resuft in severe civil and criminal penaftles, and will be prosecuted to the maximum extent possible under the law.
<br />Purchasers are permitted to reproduce ten (1 Q) copies of this document when completed. To report copyright violations of AIA Contract Documents, e-mail
<br />The American Institute of Architects' legal counsel, copyright@aia.org. 061ilo
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