Opening of Bids - Ward Bakery Exterior Improvements Proj No. 121-061R - J.W. Werntz & Son, Inc.

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i • • • i • i • f t3cu ergA31OTM-2010 Conforms with The American institute of Architects AIA Document 310 Bid Band CONTRACTOR: t;'4`rrnre, Tegrr! 5tatrrr and rtdrli��ss} J. W. Werntz & Son, Inc. 1002 Kerr St. South Bend, IN 46601 OWNER: f,'Vante, legal statics acrd address) City of South Bend, Indiana South Bend, IN 46601 SURETY: /,3/rmre, legcrl.rtahtr rr�td principal place r f 1NtFIrtL'ss) The Cincinnati Insurance Company b2i Boa UH445250-5496 Mailing Address for Notices BOND AMOUNT: $ 10% Ten Percent of Amount Bid PROJECT: (Xame, location or address andl'rofecttrumber, ifautj Ward Bakery Exterior Improvements 121-061R 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 paymeat of which the Contractor and Surety bind themselves, their heirs, 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 tate Contractor within the time specified in the bid documents, or within such time period as may be agreed to by the Owlicr and Contractor, and the Contractor either (1) caters into a contract with the Owner in accordance with the terms ofsuch bid, and givos such bond or bonds as utak be specified in the bidding or Contract Documents, with a surety adin'incd in the jurisdiction of the 1'rgicct and 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 Oivncr may in good faith contract with another party to perlbrm the work covered by said bid, then this obligation shall be null and void, otherwise to remain in Lull force and elleect. The Surety hereby waives any notice oi'an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. "A aiver ol'notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time Ibr acceptance ol'hids ;pe'ilied in the bid documents, and the Owner and Contractor shall obtain the Suret}'s consent lbr an extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall be deemed to be Subcontractor and the term Owner shalt be deemed to be Contractor. When this Bond has been tiirnished to comply with a statutory or anther legal requirement in the taxation ot'the Project, any provision in this Band conflicting with said statutory or legal requirement shall be deemed deleted herefnim and provisions conlbnning to such statutory or other legal requirement shall be deemed incorporated herein. When so Iiimished. the intent is that this Bond shall he construed as a statutory bond and not as a common lain bond. Signed and scaled this 14th day of December, 2021 Itl'itness) �' flf'itne.%) David J. Roth S-0054/AS 8110 J. W. VAerntz & Son, Inc. (Fria f al) (Seal) (Title)1 .l `i , �, �r�J i c,(,E A,' The Cincinnati Insurance Company S, ISurxt}j (Seal) � caxraw�rs S E A L (Title) Tracie House Attorney -in- act0�00