Opening of Bids - Waste Treatment Chemical Wastewater 2023-2024 - JCI Jones Chemicals Inc.

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Document A31 o TM - 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: (,Mane, legal stalax rrrrd addry mv) JCI Jones Chemicals, Inc_ 600 Bethel Avenue Beech Grove, IN 46107 OWNER: (Name. legal snafus and address) City of South Bend 227 West Jefferson Boulevard South Bend, IN 46601 SURETY: !;4'rnue, legal xrrrrras urrd prirrciprrl place r f her.+inextj Federal Insurance Company 202E Hall's Mill Road Whitehouse Station, NJ 08889 Mailing Address for Notices Same as above BOND AMOUNT: $ 10% Ten Percent of Amount Bid PROJECT: L' ome, locado►r or address a►rdi'rojeci number. if math} Water Treatment Chemicals 2023-2024 This document has Important legal consequences. Consultation with an attorney is encouraged with respect to its completion or modification. Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. The Contractor and Surety are bound to the Owner in the amount set forth above. for the payment of which the Contractor and Surety bind Themselves. their ltoirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this Bond are such glut if the Owner accepts the bid of the Contractor within the time specified in the bid documents, or within such time period as may be agreed to by the Owner and Contractor, and the Contractor either (1) enters into a contract with the Owner is accordance with 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 the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof', or (2) pays to the Owner the difference, not to exceed the amount of this Bond, between the arnount specified in said bid and such larger amount for n Rich ilia Owner may in good faith contract with another imrty to perlbrm the work- covered by said bid, then this obligation shall be null and void, otherwise to remain in 11111 three and elrect. The Surety herebv waives any notice til'an agreement bel%vccn the Owner and Con[riclor to extend the time in which Elie Owner may accept the bid. Rraiver or notice by (lie Surety shall not apply to any extension exceeding sixty (60) clays in [lie :aggregate beyond the time tiir acceptance of bids speci lied in the bid docttmenb7t s, and the 0►�er and Contractor shall obtain the Surely's consent ror an e�iension beyond sixty (60) days. 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 Subcontractor and the tern Owner shall be deemed to be Contractor. When this Bond has been furnished to comply with a statutory or ollier legal requirement in the location orlhe Project, any provision in [his Bond conflicting with said sla[ti[orti or legal requirement shall be deemed deleted hererrim and provisions conliirming to such %talulory or tither legal mquirentenl Shall be deemed incorporated Herein. When Sao furnished, [lie intent is that this Bond shall be construed as a statutory bond and not as a common Iacv bond. Signed and scaled this 26th day of April, 2023 (IC+iruess) (11ianeys) K11E0 Socha JCI Jones Chemicals, Inc. (Principal) (Seal) By: (rifle) Federal Insurance Company l.5rrreryj (.Seal) �� By: (forte) William T. KrummAttorney-in- act I § 4iM Writ