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Opening of Bids - 2022 Community Crossings Road Rehabilitation Proj No. 122-024R - Rieth-Riley
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Opening of Bids - 2022 Community Crossings Road Rehabilitation Proj No. 122-024R - Rieth-Riley
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8/4/2022 1:30:01 PM
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8/4/2022 1:25:01 PM
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Board of Public Works
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Projects
Document Date
8/4/2022
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No. 0063 <br />BID BOND TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA <br />Hartford, Connecticut 06183 <br />KNOW ALL MEN BY THESE PRESENTS, <br />That we, RIETH-RILEY CONSTRUCTION CO., INC. as Principal, hereinafter called <br />the Principal, and TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, of Hartford, Connecticut, a <br />corporation duly organized under the laws of the State of Connecticut, as Surety, hereinafter called the Surety, are held <br />and firmly bound unto City of gnnth Rana - Tnrii ana <br />, as Obligee, hereinafter called the Obligee, in the sum of <br />Fi N7a Percent (5%) of total bid Dollars <br />($ 5% of bid ), for the payment of which sum well and truly to be made, the said Principal and the said <br />Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these <br />presents. <br />WHEREAS, the Principal has submitted a bid for 2022 Community Crossings Road <br />Rehabilitation Project No. 122-024R <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with <br />the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or <br />Contract Documents with good and sufficient surety for the faithful performance of such, or in the event of the failure of <br />the Principal to enter such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference <br />not to exceed the penalty hereof between the amount specified in said bid and such larger amount for which the Obligee <br />may in good faith contract with another party to perform the Work covered by said bid, then this obligation shall be null <br />and void, otherwise to remain in full force and effect. <br />Signed and sealed this 4th day of August 2022 <br />1W � rjzmw:5� <br />tness DawA E. Armstro <br />41 " <br />Witness Lori Patronite <br />RIETH-RILEY CONSTRUCTION CO., INC. <br />(Principal) (Seal) <br />Jacob <br />(Name TKw Area Manager <br />TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA <br />lJ <br />Geri Patronite Attor ,ey-in-F <br />
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