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Opening of Bids - Neighborhood Infrastructure - Ford St. & Walnut St. Intersection Proj No. 121-048C - Rieth-Riley Construction Co., Inc
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Opening of Bids - Neighborhood Infrastructure - Ford St. & Walnut St. Intersection Proj No. 121-048C - Rieth-Riley Construction Co., Inc
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11/22/2022 2:46:04 PM
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11/22/2022 2:41:21 PM
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Board of Public Works
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Projects
Document Date
11/22/2022
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No. 0403 <br />BID BOND TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICR <br />Hartford, Connecticut 06183 1 <br />KNOW ALL MEN BY THESE PRESENTS, <br />That we, RIETH-RILEY CONSTRUCTION CO INC. I 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 Rieth—gil e)z C instruction C'n , In(- <br />as <br />ncas Obligee, hereinafter called the Obligee, in the sum of <br />Five Percent (59A)- of tnf-Al bi rl Dollars <br />($5% of total 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 Neighborhood Infrastructure—Ford Street <br />and Walnut Street Intersection <br />Project No. 121-048C <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 22nd day of November 2022 <br />Witn ss <br />Kristie A. Brooks <br />Witness Devin Maler <br />RIETH-RILEY CONSTRUCTION CO., INC <br />(Principal) (Seal) <br />(Name & <br />Jacob K.lasz, Area Manager <br />TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA <br />Linda Discenza, Attorney -in -Fact <br />w <br />
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