Opening of Bids - MarMain Apartments Roof Replacement Proj No. 122-061 - Midland Engineering Co., Inc.

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Document A310 Tun — 2010 Conforms with The American Institute of Architects AIA Document 310 BIIC� BOI1 � CONTRACTOR: (Name, legal status and address) Midland Engineering Co., Inc. PO Box 1019 South Bend, IN 46624 OWNER: (Name, le,Gal stunts mrd nddix:ss) SURETY: (Name, legal status and prinetpul lrlrrcc r f hrG+•iness9 The Cincinnati Insurance Company P.O. Box 145496 Cincinnati, OH 45250-5496 Mailing Address for Notices same as above City of South Bend Indiana Board of Public Works 227 W Jefferson St. South Bend, IN 46601 BOND AMOUNT: 5% Five Percent ofAmount Bid PROJECT: (!4'nnre, loCatiort or address. and Nr o%cct ntunGer. !f mq!j Mar -Main Apartments Roof Replacement 125 W Marion St, South Bend, IN 46601 This document has important legal consequences. Consultation with an ariorney is encouraged with respect to its completion or modification. Any singular reference to Contractor, Surety, Owner or other party shall bo considerod plural where applicable. The Contractor and Surct}' arc bound to the 0\wucr in the amount set forth above, for the payment of +which the Contractor and Surct}• bind themsch'es, their heirs, c�ccutors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this Bond arc such that if the O+wncr accepts the bid of the Contractor within the time specified in Qtc bid documents, or +within such time period as may be agreed to b}' the U+vncr and Contractor, and the Contractor tither (1) enters into a contract \with the U+vncr in accordance +with the terms of such bid, and gives such bond or bonds as Wray be specified iu the bidding or Contract Uocunteuts, with a surety admitted in the jurisdiction of the 1'rojcct and other+wisc acceptable to the Uwmer, for the faithful performance ofsnch Contract and for the prompt parntent of tabor and nmterial fi)rtislred in the prosecution thereof; or (2) pays to the U+vner the dift-crcmce, 110t t0 CXCCCd tltC altt0nitt Of this J3ond, bchwecn the amount specified ht said bid and such larger amount for \which tltc U+wner may im good faith cantraet \with another party to [x:rli>rnt the a•urh cowered by said hid, them this ohtigatiun shall ho null and void, athenvisu lu remain in I till iiuco and e:Elect. The Surety hereby \waives an}'notice ul'un agreement bel+veem the Q+wner and Gontractur to e�lend the time in +which the n+vner Wray accept the hid. Rruiwerul-notice by the Surety shall nut apply to any uxtcnsian escecdint; siSl}' (tiQ) days in the aggregate bcyuttd rite iitno li)r ucceptune;e nl'hids specified in the hid documents, and lbe Q+wner and Cuntntctar shall obtain the Surety's consent ti)r un oatension beyond sixty (!0) da}•s. If this Bond is issued in connection +with n subcontractor's bid to a Contrnctor, the tenor Contractor in this Bond shall be deemed to be Subcontractor and the tern O+wncr shalt be deemed to be Contractor. When this t3ond has been tarnished to cuntply with m stulutun' nr other legal requirement in the locution ol'the Project, unv pnn•ision in Ihlx J3Und t;U)llliCttng 1+'IQl tiald 1('llntUry ur legal requirement shall be deemed dolcled hercl'runt and provisions conli)rming to such stututor}' uc other Iegul requirement shall he deemed incurporuled hereto. When so li)mished, the intent is that this T3ond shall he conxtrued us a statutnr}' band and not as u cunnnun law bond. Sinned and sealed this 24th day of January, 2023. y Kenneth A. Sage, Secretary c--I- wFl. �i. �--t•.y::� .- (1J'Jiiitsx) - 5-0054/AS B/SO Midland Enaineerina Co.. Inc (Prtiuctpal) (Scalj By: �`� - �--- (Tttl+ Michae�W. Frahn, CPA -President/CEO The Cincinn ii Insurance Compan ��f� (Srrrcr}} / !Scut} _ � COR�OIiATE S E A L y� ,!�• _ � /I'irlet aria Hui ice Attnrnav-in-Fart � owo s'