Opening of Bids - Demo 1000 W. Sample St. (Fun FX Building) Proj No. 123-014R - Renascent

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Fidelity and Deposit Company of Maryland U0 Colonial American Casualty and Surety Ju`w* Company Home Office: 1299 Zurich Way Schaumburg It. 60196 AIA Document 310 - 2010 Bid Bond CONTRACTOR (Name, legal status and address): Renascent, Inc. 6325 Digital Way,Ste 300 Indianapolis, IN 46278 OWNER (Name, legal status and address): City of South Bend 227 W. Jefferson Blvd. South Bend. IN 46601 Bond Amount: 5% Five Percent of the Total Bid SURETY (Name, legal status and principal place of business): Fidelity and Deposit Company of Maryland 1299 Zurich Way, 5th Floor Schaumbura, IL 60196-1056 PROJECT : (Name, location or address, and Project number, if any): Demolition of 1000 W. Sample St. (Former Fun F/X Building) [Rebid]; Project No. 123-014R 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 heirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this Bond are such that 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 rite Contractor either (1) enters in to a contract with the Owner in accordance with the terms 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 ofthe Project and otherwise acceptable to the Owner, for the faithful performance of such Contract and for Eire 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 amount specified in said bid and such larger amount for which the Owner may in good faith contract with another party to perform the work covered by said bid, then this obligation shall be null and void, otherwise to remain in rut force and affect. The Surely hereby waives any notice of art agreement between the Other and Contractor io extend the time in which the Owner may accept the bid. Waiver of notice by ilia Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyand the time for acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain ilia Surety's consent for an extension 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 term Owner shall be deemed by the Contractor. `��Wyttitttlreryr++++I+ When this Bond has been furnished to comply with a statutory or other legal requirement in the location of the Praject�.tln7$,�jrty„� '+, this Bond conflicting with said statutory or legal requirement shall be deemed deleted here from and provisions ��0Ir • • ppi h.11 statutory or other legal requirement shall be deemed incorporated herein. When so furnished, the intent is thajZhis,i}' Q construed as a statutory band and not as a common late bond, a *+ SEAL Signed and se d this 26th day of March 2024 t Renascent, Inc. 2004 (witness) Samuel F y (Seal) (Principal •e$1) a,luinru,+r++ •�• ,�' G kNoSkI0.. ct7.. +Q, +r (Title)Luke Fray, ❑IIE[1 �SIIT?latlf ``��i► ;•'om�• �p0,9 r_ Fidelity and Deposit Company of &ftt"Tiand�`t (W mess) Andrew A. Lanphere = g,e sgAVr-., (sure ) a;•. ;B�o . Qa�', � idO athryR. Postma, Attorney -in -Fact y• +yr+r+t,ti0t� Language conforms to AIA Document A310 Bid Bond BiD70001=0311f