Award Bid - WWTP CNG Compressor Upgrade Proj No. 119-109R - Koontz Wagner

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Document A31OTM - 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: (Nain, legal slalrcc and addrws.v) KW Services, LLC 3801 Voorde Drive, Suite B South Bend, IN 46628 OWNER: (,vain. h-gal status and address) City of South Bend 125 South Lafayette Boulevard South Bend, IN SURETY: ('Xwne, legal.sralirs mid priiiciprrl place of husinesa) SiriusPoint America Insurance Company P.O. Box 3646 Omaha, NE 68103 Mailing Address for Notices P.O. Box 3646 Omaha, NE 68103 BOND AMOUNT: $ Five Percent Of The Total Amount Bid (5%) PROJECT: (,ti'ame, location or addn= and!'rojecr, number, Ijan}) CNG Compressor Upgrade: Project No. 119-109R - Rebid 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 shall be considered plural where applicable. The Contractor and Surety are bound to the Owner in the amount sct forts] above. for the payment of which the Contractor and Surety bind lhamseltos, their heim oneculors, administrators, successors and assigns,iointy and wwrally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor within ilie time spcoiiied in the bid documents, or within such fire period as may be agreed to by the Owner and Cantracior, and the Contractor eiither (1) tutors into a contract Avith tite OWncr in accordance ►eitih the temtsofsuch bid, mid gives such bond or bonds as may be speaitied in the bidding or Contract Documents, with a surety admitted in Ilie jurisdiction of the iWiect and othenviso acceptable to the Ouriter, for the faithful performance of such Contract and for Ile prompt payment of labor and material furnished in die prosecution there of-, or (2) pays to [lie Owner the 4ifference, not to exceed itic amount of this Bond, between the amount specified in said bid and such larger amount for which tie Owner may in good faith contract with another party In lxrtimn t)C wore- covered by said bid, then Ihis ohligution %hall he nu11 and void, olhenvise to rein uin in Ville fierce and cliect. The Surety hereby nui►csany notice ul'ort ugreemerrt bvl%Meen the Own eraiid Cantracieir kl cxtcnd the time in which the Owner may accept the hid. Waiver al'notice by file Surety %1)011 not aMAy in any exitnsioll exceeding Axty (60)duvs In the ag rcgate bej4lnd the lime 1617 arc cptance of bids sptmi ied 1n the bid documenIs, ail [lit 0, nerand ConImuhir shall [lblain the Surety'N consent roran exten%then beyond sixty (60) days. If this Bond is issued in connection with a subcontractoes bid to a Contractor, the term Contractor in this Bond shall be deemed to be Subcontractor and the terni Owner shall be deemed to be Contractor. When this Bond has been famisbcd to rr»ttply frith a:daluknyrirrothcr legal requirement in [he loculian of the Pn> tcl, env ptueision in this Bond conflicting miter Said stutulorti or [eaal requirement shall be deemed delettd lsemrrom and provisionsconrorming to such stalutnry or other legal rcouirem enI shall bodeemed incurixnrated herein. When so fumisiled, tie intent is Ill at this Bond shall be can%trued US u slutntnry h;md and not as a common law hhmd. Sismcd and scaled this 11th day of June, 2024 (ll rrness) 0,.�- �-,nt.-, (Wilneks)Andreah Moran S-00541AS 8110 (INI0) SiriusPoint America Insurance Company 01 Meal) 4 '01 Strava o, Attorney -in -Fact