Opening of Bids - 2024-2025 Water Treatment Wastewater Chemicals - Kimira Water Solutions

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I I I Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: SURETY: (Xione. 1qalstalits and addhm) (,jjj;je, legal.vialtiv #jrdp)jjtcfpajpjixe of hushlexv) Kemira Water Solutions, Inc. Fidelity and Deposit Company of Maryland This document has important 4321 West 6th 1299 Zurich Way, 5th Floor legal consequences. Consultation KS 66049 Schaumburg, Lawrence, IL 60196-1056 with an attorney Is encouraged with respect to its completion or modification. OWNER: (,Nanje, legal slatits and adtfrtw) City of South Bend 227 West Jefferson South Bend, IN 46601 BOND AMOUNT: $ 10% Ten Percent of Amount Bid PROJECT: fXarne, location or address andPi-qject nuniber, ifaltl% Water Treatment Chemicals Wastewater 2024-2025 Any singular reference to Contractor. Surety, Owner or other party shall be considered plural where applicable. The Contractor and Surevy, are bound to the Owner in the amount set forth above. for tile payment of which tile Contractor and Surety bind themselves, their heirs, o%ccutors, administrators, successors and assigns, ointly and severally, as provided herein. The conditions of this Bond oree such that if the Owner accepts tile bid of the Contractor within the time specified in the bid documents. or within such time period as may be agreed to by tile Owner and Contractor, and the Contractor cither(l) enters into a contract with tile Owner in accordance with the terms of such bid, and gives such bond or bonds as may be specified in tile bidding or Contract Documents, with a surety admitted in the jurisdiction of the 11rojeot and otherwise acceptable to the Owner, for the faithful performance of such Contract and for tile 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 lamcr amount for which the Owner may in good faith contract with another party to perforni the, work covered by said bid, then this obligation shall be null and void, otherwise to remain in full Ibme and ellect. I'lie Surety hereby %%-lives any notice orals agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver otnotice by the Surety shall not apply to any extension exceeding sixty (0) days in the aggregate beyond the little 1br acceptance or bids specified in tile bid docuintrits, and the Owner and Contractor %hall obtain the Surety%s consent lbr an extension beyond sixty (60) days. If this 8013d;S issued in Connection -tith a subcontractor's bid to n Contractor, the tents Contractor in this Bond shall be deemed to be Subcontractor and the term Owner shall be deemed to be Contractor. When this Bond has been furnished to comply with astatutory or other legal requirement in the location of the project, any provision in this Rond conflicting with said statutory or legal requirement shall bodeomed deleted herefrom and pracixionscotttlit tittg to such statutory or other legal requirement shall be deemed incorporated herein. When so furnished, tile intent is that this Bond shall be construed as a statutory bond and not as u common law bond. Signed and seated this 14th day of May, 2024 lit' wess) fli'5111-11) V S-0054/A5 W10 Kemira Water Solutions, Inc. fpffin * (seal) By: (rille) C7k yt'v "D" idelity and Depo5Wtoknpany of Maryland_ By� Aps Attomey4n--Fam- Surety Phone No 847-605-6000-