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Opening of Bids - Nexus Center Roof Replacement Proj No. 121-064A - Midland Engineering Co., Inc.
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Opening of Bids - Nexus Center Roof Replacement Proj No. 121-064A - Midland Engineering Co., Inc.
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12/13/2022 3:12:52 PM
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12/13/2022 3:11:40 PM
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Board of Public Works
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Projects
Document Date
12/13/2022
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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 />Midland Engineering Co., Inc <br />PO Box 1019 <br />South Bend, IN 46624 <br />OWNER: <br />(Nance, legal status and address) <br />SURETY: <br />(Name, legal status and prinetpal place ( f bcrs•iness) <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 Indiana Board of Public Works <br />227 W. Jefferson St. <br />South Bend, IN 46601 <br />BOND AMOUNT: 5% Five Percent of Amount Bid <br />PROJECT: <br />(Sance, location or address, audPrgjectnumber. ifar;g) <br />Nexus Center Roof Replacement 3607 S Main St, South Bend, IN 46614 <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 Otvocr in the atnount 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 time specified in the bid documents, or within such time period <br />as may be agreed to by the Owner and Contractor, and the Contractor tither (1) enters into a contract with the Owner in accordance with <br />the terns 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 !'reject and otherwise 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 the Owner the diffcrenco, not to exceed the amount of <br />this Bond, between the amount specified in said bid and such larger amount for which the Owner may in good faith contract with another <br />party to perlbrnt the work covered by said bid, lhen this obligation shall be mull and void, otherwise to remain in I ull lbrce and elleet. The <br />Surety hereby waives any notice Of un agreement behveen the Owner:ntd Contractor to extend the time in which the Owner may accept the <br />hid. Rraiverol'natice by the Surety shall not apply to ally extension exceeding sixty (60) days in the aggregate beyond the time ibr <br />acceptance ol'bids specif ied in the hid documents; and the Owner and Contractor shall obtain tho Surety's consent for all 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 deemed to be <br />Subcontractor and the tern Owner shall be deemed to be Contractor. <br />When this Mond has been furnished to comply with a statutory or other legal requirement in the location ol'the project, any provision in <br />this Bond conflicting %with said Statutory or legal requirement shall be deemed deleted herel'rom and provisions conlbmting to such <br />slutulory or other legal requirement shall be deemed incorporated herein. When so luniished, the intent is that this mond Shall be construed <br />as a statulon* bond and not as a common law bond. <br />Signed and seated this 13th day of December, 2022. <br />(11'(uccss) <br />Kenneth A. Sage, Secretary <br />1L— <br />(Wince. - - I - 6 <br />S•0054/AS 8110 <br />Midland Engineering Co., Inc. <br />(Prdnclpal) (Seal) <br />(!'trky <br />Michael 1. Frahn, CPA - President/CEO <br />The Cincinnati j surance Compan`saui°°� <br />(Sureq) _ (Seal) i CORPORATE <br />% S E A L S <br />(l e use, Attorney -in- act <br />
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