Opening of Bids - Drewry’s Brewery Phase II - Bottling House Demo Proj No. 119-031D - MRD Group

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Bond No.: B 1318103 Selective Insurance Company of America 40 Wantage Avenue Branchville, New Jersey 07890 973-948-3000 AIA Document A310 BID BOND KNOW ALL MEN BY THESE PRESENTS, that we The AM Group, Inc. 4777 W. Lincoln Avenue West Milwaukee, WI 53219 (Here insert full name and address or legal title of contractor) as Principal, hereinafter called the Principal, and Selective Insurance Company of America a corporation duly organized under the laws of the State of New Jersey as Surety, hereinafter called the Surety, are held and firmly bound unto City of South Bend Indiana, Board of Public Works 731 South Lafayette Blvd South Bend, IN 46601 (Here insert full name and address or legal title of owner) as Obligee, hereinafter called the Obligee, in the sum of 9/o Percent of the Total Bid (S 5% Percent) for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has submitted a bid for Drewry's Brewery Cleanup, Phase ll Bottling House Demolition, Project No. 119-031D (Here insert full name and address and description of project) NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof or in the event of the failure of the Principal to enter such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith contract with another party to perform the work covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and effect. Signed and Sealed this 16th day of July 2024 (w imess) The MRD Group, Inc. (Pripal (Seal) , &A (Title) SELECTIVE 114SURANCE COMPANY OF "Printed in cooperation with the American Institute of Architects (AM language in this document conforms exactly to the language used in AIA Document A3lu, reoruary 19 /u eortton." AIA DOCUMENT A310•BID BOND-AIA ® • FEBRUARY 1970 ED•THE AMERICAN INSTITUTE OF ARCHITECTS,1735 N.Y. AVE., N.W., WASHINGTON, D.C. 20006 B-203 (12/92)