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Opening of Bids - 2022 Curb and Sidewalk, Round I Proj No. 122-001 - Selge Construction Co., Inc.
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Opening of Bids - 2022 Curb and Sidewalk, Round I Proj No. 122-001 - Selge Construction Co., Inc.
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7/12/2022 2:40:39 PM
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Board of Public Works
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Projects
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7/12/2022
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Document A310 TM -2010 <br />Conforms with The American Institute of Architects AIA Document 310 <br />Bid Bond <br />CONTRACTOR: <br />(Name, legal status and address) <br />Selge Construction Co., Inc. <br />2833 South 11th Street <br />Niles, MI 49120 <br />OWNER: <br />(Nana, legal status and addrwss) <br />SURETY: <br />(Name, legal status and p►fncfpal place ofhueines ) <br />The Cincinnati Insurance Company <br />P.O. Box 145496 <br />Cincinnati, OH 45250-5496 <br />Mailing Address for Notices <br />Same as above <br />City of South Bend - Board of Public Works <br />227 W Jefferson Blvd <br />South Bend, 46601 <br />BOND AMOUNT: 5% Five Percent of Amount Bid <br />PROJECT: <br />(,Vmne, location oraddrusa andl'rgjectnumber, (/'any) <br />2022 Curb and Sidewalk Construction - Round 1, Project No. 122-001 <br />This document has important <br />legal consequences. Consultation <br />with an attorney is encouraged <br />with respect to Its completion or <br />modification. <br />Any singular reference to <br />Contractor, Surety, Owner or <br />other party shall be considered <br />plural where applicable. <br />The Contractor and Surety are bound to the Owner in ilia amount set forth above, for the payment of which the Contractor and Surety bind <br />themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this <br />Bond arc such that if the Owner accepts the bid of the Contractor within the tine specified in the bid documents, or within such tine period <br />as may be agreed to by the Ovaier and Contractor, and ilia Contractor either (1) enters into a contract with the Owner in accordance with <br />the terms of such bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted in <br />the jurisdiction of the Project and otlterwiso acceptable to the Owner, for the faithful performance of such Contract and for the prompt <br />payment of labor and material furnished in the prosecution thereof; or (2) pays to ilio Owner the difference, not to exceed the amount of <br />this Bond, between the amount specified in said bid and such larger amount for which the Owner play in good faith contract with another <br />party to perlbri n the work covered by said hid, then this obligation %hull he null and void, otherwise to remuin in full liiroe and ell'ecl. The <br />Surety hereby waives any notice ol'un agreement between the Owner and Contractor to extend the lime in which ilia Owner may accept the <br />bid. Waiver ol'notice by the Surely shall not apply to any extension exceeding sixty (60) days in the aggregate beyond ilia lima fir <br />acceptance ol'bids specilied in the bid documents, and ilia Omierund Contractor shull obtain the Surety's consent Im an extension beyond <br />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 be doomed to be <br />Subcontractor and the teen Owner shall be deemed to be Contractor. <br />When this ilond has been furnished to comply with u statutory or other legul requirement in the locution ol'Ihc Project, any provision in <br />this Bond Conflicting with said slututory or legal requirement %hull be deemed deleted herefrom and provisions confi►rnning to such <br />statutory or other legal requirement shall be deemed incorporated herein. When so Iamished, Ilia intent is that this Bond shall be construed <br />us a statutory bond and not us a common law bond. <br />Signed and scaled this 12th day of July, 2022. <br />1 1 <br />rff'fl►rvss) Allison Swinehart, Secretary <br />Selge Construction Co., Inc <br />(Principal) (Seal) <br />t- <br />t7'//le Robert Kuhns, Prof Engineer <br />The Cincinn4 Insurance Companye <br />111 /►rasa) ❑ EspiCk By: �C. [' 'Z ��racie House, Attorn -in-Fact <br />S•0054/AS 8/10 <br />
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