Opening of Bids - Demolition of South Bend Medical Foundation Proj No. 123-076 - Walsh Construction

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AIA Document A310TM - 2010 CONTRACTOR: SURETY: (Name, legal status and address) (Name, legal status and principal place Walsh Concoction Company U. LLC ofbusiness) 929 W. Adams Street Travelers Casualty and Surety Company of America Chicago, IL 60607 One Tower Square This document has important legal Hartford, Cr 06183 consequences. Consultation with OWNER: an attorney is encouraged with (Name, legal status andnddress) airyofSouth Bend,Indiana respect to as completion orm sires` Itself oJeffmc Woks 227 W, reRerson Blvd. Any singular reference to southaaM, Evzi Contractor, Surety, owner or BOND AMOUNT: Five Percent (5%) of the Total Amount Bid other pant anall be considered plural where applicable. PROJECT: (Name, location or address, and project number, ifarry) Demolition of the South Bend Medical Foundation 531 N. Main Street, South Bend, IN Project No. 123-076 The Contractor and Surety are bound to the Owner in the anennt set forth above, for the payment of which the Contractor and Surety bind themselves, their heirs, executors, adrninishalors, 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 ant Contractor, and Ue Contractor eidner (1) enters into 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 Dosraeats, with a snuety, admitted in the junsdiclion of the project and otherwise acceptable to the Owner, for the faithful performance of well 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 faidn con inam with another parry to perform the work covered by said bid, then this obligation shall be null and void otherwise to remain in full force and effect. The Surety hereby waives arty notice of an agreement between the Owner and Contractor to expend the time in which the Ownermay accept the bid Waivu of notice by the Surety shall not apply to any a demion exceeding sway (60) days in the aggregate beyond the time for acceptance of bids specified in the bid doctwents, and the Owner and Contractor shall obtain the Surety's cement for an extension beyond Sony (60) days. if this Bond is issued in connection with a subcontractor's bid to a Contractor. the tern Contractor in this Bond shall be deemed to be Subcontractor and the temp Owner shall be deemed to be Contractor. - When this Bond has been furnished to comply with a statutory or other legal requirement in the location of the Project, any prevision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted 1,ferefroff and _ provisions conforming to such statutory or other legal requirement shall be located incorporated herein; When so -7-- - firmjshed, the intent is that this Bond shall be construed as a statutory bond and not as a common law blind; - SignedAr, day of May, 2024.////�� W xaL 1t constnlCtirfWC lnfanv TT. LLC and Skety Comiumv of AIAeocument A910`a-MO. CopytOht®1993, 19mant3010 by The Anwenan Institute of AnIAe & All althea reserved.