Opening of Bids - 2024-2025 Water Treatment Wastewater Chemicals - JCI Jones Chemicals

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Document A310 VI - 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: (Ximm, legal maricv and ac&lremv) JCI Jones Chemicals, Inc. 600 Bethel Avenue Beech Grove, IN 46107 OWNER: (Nana. It -go/ stairs mid address) City of South Bend 227 West Jefferson Boulevard South Bend, IN 46601 BOND AMOUNT: $ 10% SURETY: /,Nr,r- e, legal stales mid priticipal place. fbunne cr) Federal Insurance Company 202B Hall's Mill Road Whitehouse Station, NJ 08889 Mailing Address for Notices Same as above Ten Percent of Amount Bid PROJECT: (, mx . loeathm or address arxf 11rokci number, ifa►rt j Water Treatment Chemicals 2024-2025 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 shah 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 hncirs, executors, administrators, successors and assigns, jointly and severally, as provided licrein. The conditions of this Band are such that if the Owner accepts the bid of the Contractor within the time specified in the bid documcam or Lxithin such time period as may be agreed to by the Owner and Contractor, and the Contractor either (1) enters into a contract with the (toner in accordance with the terms of such bid, and gives such bond or bonds as may be specified in the bidding or Contract Documems with a surety: admitted in the jurisdiction of the Project and otherwise acceptable to the Owner; for the faithful performance ofsuch 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 amount specified in said bid and such larger amount for which the Owner may in good faith contract with another party tO peribrm the word: covered by said bid, then this obligation shall be null and void, otherwise to remain in cull force and elleci. The Surety hereby waives any notice Oran agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. *uiver irtmice by the Surety shall not apply to any extension exceedingsixty <60)days in the aggregate beyand the time lbr acceptance Orbids specified in tl►e bid documents, and the Owner and Ctmtractor shall obtain the Suret?ax awns nt Ibr an extension beyond sixty (60)days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the terns Contractor in this Bond shall be deemed to be Subcontractor and the term Ox%ncr shall be deemed to be Contractor. When this Ikmd has been litntished to comply with a statutory or other legal requirement in the location of the Pi4ect, any provision in this i3ond conflicting with sand statutory or legal requirement shall be deemed deleted hererr► nt and pnv4sion% conforming to such statutory orothcr legal requirement shall be deemed incorporated herein. When -.At furnished, the intent is that this Bond :mall beconstrued as a statutory bond and not as a common late bond. Signod and scaled this 14th day of May, 2024 JCI Jones Chemicals, Inc. IPrftidpalj (Sea!) By: alde) oft', C rvlpi n a oy Federal Insurance Company �n x4A ) (!1'ihxmv) Karen So ha -V 'a n B: / w (rule)t,illiam T. Krumm ttomey4ri- ac: ' tAAP- S-M4/AS a/10