Opening of Bids - Demo 1000 W. Sample St. (Former Fun FX Bldg.) Proj No. 123-014 - C. Lee Construction

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Bid Bond CONTRACTOR: (Nmne, legdl sWas and ate) Document A310 TM - 2010 Conforms with The American Institute of Architects AIA Document 310 C. Lee Construction Services, Inc. R O. Box 618 Griffith, IN 46319 OWNER: (Na;,M leAafalahtsdudaddrau) City of South Bend 227 West Jefferson Boulevard South Bend, IN 46601 SURETY: (Nm A legalstatas and prtirclpalplaae,,f&m rmq) The Ohio Casualty Insurance Company 175 Berkeley Street Boston, MA 02116 Mailing Address for Notices BOND AMOUNT: 5% Five Percent of Amount Bid PROJECT: (,yaw. location oradfn= mrd,l'%jeerreunrber, tf V#j This decument has important legal consequences. consultation VAh an attorney Is encouraged wigs respect to Its completion or tnodfIcation. Any singular reference to Contractor, Surety, Owner or other party shall be considered Plural where applicable. Demolition of 1000 W. Sample St., South Bend, IN 46619 (Former Fun FIX Building) Project No.: 123-014 The Contmetora"d Surety' are bound to the Owner in the anio►eat set forth above, for the, pa}mom of which the Cc►ntractar and Snrcty bind Bondlbomam such their t if eOwne ra, admitristmtar� successors and assigns, jointly and severally. as pmvidcd herein. The conditions of this Bond era such that if full O►vrer accepts the bid of the Contractor within the time specified in the bid documents, orwithin such time period as may be agreed to by the Owner and Contractor, and the Contractor either (1) enters into a contract nylh the Owner in accordance with the terms of such bid, and gives such bond or bonds astray be specified in the bidding orContract documents, with a surety admitted in the jurisdiction of the Project and otherwise acceptable to the O►► ter, for the faithful performance of such Contract and for the prompt pgyment of labor and tnaterrW furnished in the pmsecution thereof or (2) pays to the Onner the difference, not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount for►vhich the On -nor may in good faith contract with another part} 10 perrorm the work- cinvred by said bid, then this obligation shall be null and void, othenvi. la remain in full fnroe and effect. The Surety hereby uvives any notice Oran agreement het►veen the Owner and Contractor to extend the time in wn ch full A►r'ncr may accept the bid. Wai►rot of notice by Ilia. shall not apply to any extension excceding sixty (60) days in the aggregate beyond the time for acceptance orbids specified in tie bid documents, and the Owner and Contractor shall obtain the Surety's cunson fur an extension beyondsixty (60) days, lfthis Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall be deemed to bo Subcontractor and the term Owner shall be deemed to be Contractor. When this Bond has been furnished to ccmeply with a statutory or other legal requirement in the luccetion orthe project, any provision in this Bond r oth at' g ►vith said statutory or legal requirement shall be deemed deleted horerrnm and pro►tisions c rnfnrming la such rtatulnty or t#b egal requirement Mod incorporated herein. When sti fumis as a statutory ed and not as a cc an 1 bond. .the intent is that (his 13urkl strait be construed and�talcd this 13tY j4afof February, 2024. C. Lee Construction Services, Inc. fPHad, ) (SedC) ►1 z6FOL�IC C tC The Ohio Casualty Insurance Company o arNSURa fii'tfirexc) Casy I! 11%trely) ( W11 �4Fo By: yb R?tlrJ William Reid' ger, Atto -in-Fact k* S-0054/AS 8110