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American Institute of Architects <br />AIA Document A310 <br />Bid Bond <br />KNOW ALL MEN BY THESE PRESENTS, that we, Sinclair Recreation LLC. as <br />Principal, hereinafter called the Principal, and Employers Mutual Casual_U Company, duly organized <br />under the laws of the State of Iowa as Surety, hereinafter called the Surety, is held and firmly <br />bound unto City of South Bend , as Obligee, hereinafter called the Obligee, in the <br />sum of Five Percent of the Amount Bid (5% of the Bid Amount), for the payment of which sum well <br />and truly to be made, the said Principal and the said Surety, bind ourselves, our heirs, executors, <br />administrators, successors and assigns, jointly and severally, firmly by these presents. <br />WHEREAS, the Principal has submitted a bid for: Replacement of Playground Surfacing at Southeast Park <br />Date: June 13 2023 <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a <br />Contract with the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be <br />specified in the bidding or Contract Documents with good and sufficient surety for the faithful performance <br />of such Contract and for the prompt payment of labor and materials furnished in the prosecution thereof, or <br />in the event of the failure of the Principal to enter such Contract and give such bond or bonds, if the <br />Principal shall pay to the Obligee the difference not to exceed the penalty hereof between the amount <br />specified in said bid and such larger amount for which the Obligee may in good faith contract with another <br />party to perform the Work covered by said bid, then this obligation shall be null and void, otherwise to <br />remain in full force and effect. <br />Signed and sealed this 7th day of June. A.D, 2023._ <br />Hers Mutual; Casualt <br />4 eoti ;�% (Sea,) <br />V Jeon Holt Witness) t , ,Y <br />Laura J Northouse Attoracy -in-Fact <br />AIA DOCIJMFNT A310•BID BOND•AIA•F£BRUARY 1970 ED.•THF.. AMERICAN INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., <br />WASH INGTON, D.C. 20006 <br />