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THE AMERICAN INSTITUTE OF ARCHITECTS <br />AIA Document A310 <br />Bid Bond <br />KNOW ALL MEN BY THESE PRESENTS, that we <br />Adamo Demolition Company <br />320 East Seven Mile Road,Detroit, MI 48203 <br />as Principal, hereinafter called Principal, and <br />Liberty Mutual Insurance Company <br />175 Berkeley Street,Boston, MA 02116 <br />a corporation duly organized under the laws of the State of Massachusetts <br />as Surety, hereinafter called Surety, are held and firmly bound unto <br />City of South Bend <br />1316 County City Building,South Bend, MI 48226 <br />as Obligee, hereinafter called Obligee, in the sum of Five Percent of Accompanying Bid <br />Dollars (5% of Bid <br />for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind ourselves, uur <br />heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. <br />WHEREAS, the Principal has submitted a bid for (Here insert full name, address and description of project) <br />Demolition of the South Bend Medical Foundation <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with the <br />Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or Contract <br />Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt payment of labor and <br />material furnished in the prosecution thereof, or in the event of the failure of the Principal to enter such Contract and give such <br />bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty hereof between the amount <br />specified in said bid and such larger amount for which the Obligee may in good faith contract with another party to perform the <br />Work covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and effect. <br />Signed and sealed this 28th day of May , 2024 . <br />Adamo Demolition Company <br />f (Principal) (Seal) <br />Witnes) president <br />(Title) <br />Liberty Mutual Insurance Company <br />(Surety) (Seal) <br />(Witnes <br />Holly Nichols (Title) <br />,Attorney in Fact <br />AIA DOCUMENT A310 - BID BOND - AIA ®- FEBRUARY 1970 ED -THE AMERICAN <br />INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D.C. 20006 <br />