|
(9)
<br />ot PA" 90,0,
<br />TM
<br />AIA O
<br />Document A31 2011
<br />CONTRACTOR: SURETY:
<br />(Name, legal status and address) (Name, legal status and principal place
<br />HRP Construction Inc. of business)
<br />PO Box 266 Fidelity and Deposit Company of Maryland
<br />This document has important legal
<br />South Bend, IN 46624-0266 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, Indiana, Board of Public Works
<br />modification.
<br />County City Building Room 1316, 227 West Jefferson Street
<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 5% of Total Bid
<br />plural where applicable.
<br />PROJECT:
<br />(Name, location or address, and Project number, if any)
<br />CSO 18 Backwater Valve Replacement; Project No. 120-017
<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 term 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 7th day of September 2021
<br />loi
<br />HR ons Inc.
<br />(Princi .1/ (Seal)
<br />N
<br />(Witness) anc'Y_K_ap,,Vice President
<br />(Title) Wtthew D. Cain, Preside" t011111111111
<br />--or�
<br />nt,
<br />anv 0 \,- 09* \' c 7----- Fi&lity and Lleposit ConVany o Maryland
<br />0 O'S
<br />(Surety) 0 SA
<br />,L
<br />(Witness) 2 -4 -
<br />(Title) jenni
<br />Kamia� Aammy in Fact
<br />CAUTION: You should sign an original AIA Contract Document, on which t=text appears in RED. An original assures that
<br />changes will not be obscured.
<br />Init. AIA Document A31 OTI — 2010. Copyright ©1963, 1970 and 2010 by The American Institute of Architects. All rights reserved. WARNING: This Ale
<br />Document is protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction or distribution of this AIAO Document, or
<br />any portion of It, may result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law.
<br />Purchasers are permitted to reproduce ten (10) 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. 061110
<br />
|