Opening of Bids - Cleveland Rd. & Ameritech Dr. Imprvmnts. Proj No. 122-049 - Selge Construction

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Document A31 O TM - 2010 Conforms with The American institute of Architects AIA Document 310 Bid Bohai CONTRACTOR: (Name, legal slatus and address) Selge Construction Co., Inc. 2833 South 11th Street Niles, MI 49120 OWNER: (Name, legal staus and add#=) SURETY: (Name, legal siat us and princllxil place r j' minmv) The Cincinnati Insurance Company P.O. Box 145496 Cincinnati, OH 45250-5496 Mailing Address for Notices same as above City of South Bend - Board of Public Works 227 Jefferson Blvd South Bend, IN 46601 BOND AMOUNT: 5% Five Percent of Amount Bid PROJECT: (ftnre, loealonoraddress. and Projectnrmiber, ifay) Cleveland Rd and Ameritech Dr Intersection Improvements Project No. 122-049 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 lilt Owner in the amount set forth above, for the psynlcnt of ►►1liell the Contractor and Surety bind ShCilisolves. their lici is. executors, administrators, successors and assiens, jointly and severally, as providad licrein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor witlrin the tinic specified in tile laid documents, or within such time period as play be agreed to by the (%Mier and Contractor, and Ilia Contractor either (i ) enters into a contract tvith she Owner in accordance with the tenus of such bid, acid gives such boIid or bonds as may be specified in the bidding or Contracl Doctin icnts, wiIIi a sit rety.1d:uitied in 11ic jurisdiction of the Project acid oilie rwise acceptable to IIle U►►uer, for t11c faithful perforinaitcc of such Contract acid for the proiitpr paytneill of labor and material fvnlis] icd ill the prosecution thereof: or (2) pays to the Ow the difference, not to cmcad the amount of this Bond, beiweeI) the an%otmt specified in said bid and sue]i larger amount for which 1lie Qn•ner play in good fai tit contract wit It another early to iTerl'orm tile work covcred by said bid, then this obiigatimt ,hall he nail and ►nid, olller+risc to reilluitt in full three and eliew. iile Surely ITcrehy ►raivex any police of all ugreetnont brmcen lire 0wtit: r and Contractor to "land she time in which Ilia Owner stay uccupt Ilic bid. Wai►crol'notice ry IIte Surety skull not appiy to tiny extension exceed ing sixty (6R) days in the aga�rugate heyolid I I i e lisle Illr uuepLane a of bid~ specified nt the bid docuIlie nls, and the 0 wier alid Coll tracIt, r shall obi ain the Surety's co1Ise Ill Ior an eNWIlsion hey0nd sixty (60) days. If this Bond is issued in connection with n subcontractor's bid to a Contractor, the tcmt Contractor in this Bond shall be doomed to be Subcontractor and thtc tenn Owner slmll be deemed to be Contractor. Wlleil 11lis fiolid ltas been fun1ishcd to comply ►4iIli a statutory or other Iebal requirelllefrt in die location o1'llle Projtxt_ any pnnisiun in this Mad con 11icling ►►iih said stutulory or legal reyairctit ell l shall be deemed deleted itorel'rom and proris'lons conli6rniing I ~itch s[at itkiry or offier IeguI re quire inert shall be deemed iitcorporuled herein. WIT en so furnished, tIit: itiwtit is plat this Rants ~hall be construed as a %(atuteTry bond and nnl asu Coln tit on la►r holid. Signed and scaled this 8th day of August, 2023. r I (!f iness) Allison Swinehart cw� (wittle.+.c) David J. Roth S4054/AS 8110 Selae Construction Co., Inc (Principal) (Seal) B: shin Buller, Vice President T Insurance Company VeCincinnati CORPORATE SEA L By. (liile)Tracie House, Attorney -in -Fact a