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AIA Document asioTM - 2oio <br />Bid Bond <br />CONTRACTOR: <br />SURETY: <br />/Name, legal status and address) <br />Wcodruff & Sons, Inc. <br />(Name, legal status and principal place <br />of business) <br />Hartford Accident and Indemnity Company <br />2125 E. US Highway 12 <br />One Hartford Plaza <br />This document has important legal <br />MiC�h_igan City, IN 46360 <br />OWNER: <br />Hartford, CT 06155 <br />consequences. Consultation with <br />an attorney is encouraged with <br />(Name, legal status and address) <br />respect to its completion or <br />motl0lcation. <br />City of South Bend, Indiana, Board of Public Works <br />Any singular reference to <br />227 W. Jefferson Blvd <br />Contractor, Surety, Owner <br />South Bend, IN 41,601P <br />BOND AMOUNT: Ive anent Of The Total Amount Bid (5%) <br />r <br />other party shall be considered <br />ble. <br />plural where applicable. <br />PROJECT: <br />Vame, location or address, and Pro/'ect number, if any) <br />AIRIE AVENUE WATER MAIN LOOP, Project No. 117-068 <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 f imished 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 sealer this 9th day of November, 2021 <br />smanl Vrojec <br />(Witness <br />(Seal) <br />(77de)Bruce R. WoodruV/ Vice President <br />(Seal) <br />CAUTION: You should sign an original AIA Contract Document, on whlftflvnifpwiBrs in RED. An original assures that <br />changes will not be obscured. <br />AIA Document A310TM —2010 (rev. 1012010). Copyright ®1963, 1970 and 2010 by The American Institute of Architects. All rights reserved. <br />Init. WARNING: This AIA" nocumant Is protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction or distribution of this <br />AIA® Document, w :..,., , portion of it, may result In severe civil and criminal penalties, and will be prosecuted to the maximum extent possible <br />undo the lavi. Purchasers are permitted to reproduce ten (10) copies of this document when completed. To report copyright violations of AIA Contract <br />Documents, email The American Institute of Architects' legal counsel, copyright[olaia.org. .wrmoee <br />