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Document A31 O TM - 2010
<br />Conforms with The American Institute of Architects AIA Document 310
<br />Bid Bond
<br />CONTRACTOR: SURETY:
<br />(Name, legal status and address) (lc'arne, legal seal us aad pria,ciprrl place r jhreraaieasi
<br />Fidelity and Deposit Company of Maryland
<br />Michuda-Cruz Indiana JV LLC 1299 Zurich Way, 10th Floor This document has important
<br />115 South Court Street, Suite 1 E Schaumburg, IL 60196-1056 legal consequences. Consultation
<br />Crown Point, IN 46307 Mailing Address for Notices with an attorney is encouraged
<br />with respect to its completion or
<br />modification.
<br />OWNER:
<br />(Nal„e, legal status andaddrr:ss)
<br />Any singular reference to
<br />Contractor, Surety, Owner or
<br />City of South Bend, Indiana
<br />other party shall be considered
<br />1316 County -City Bid., 227 West Jefferson Blvd
<br />plural where applicable.
<br />South Bend, IN 46601
<br />BOND AMOUNT: 5% Five Percent of Amount Bid
<br />PROJECT:
<br />t,Vanie. locarlo)ioraddnss, a►rdl'rajec►„iur,ben;f0;0
<br />124-001 South Bend - SBCSC City Hall Renovation
<br />Renovate the existing (South Bend Community School Corp. building. Misc. Carpentry and Demo work,
<br />plumbing, HVAC, Fire suppression, Electrical, etc. per Plans and Specs. (Estimate 50,000 Sqft).
<br />The Contractor and Surety arc bound to the Owncr in 111c amount set forth above. for Ohio payment of which talc Contactor and Surety bind
<br />themselves, tlicir licirs, axcc%ntars, administrators, successors and assigns, jolntivaitd severally. as provided herein. The conditions of this
<br />Bond arc such plat if vile Owner accepts the bid of tilt Contractor willlin tltc time specified In the bid documents, or n7thin such time period
<br />as nioy be agreed to by (lie Ui4i%cr and Contractor, and the Contractor either (1) ctiters into a contact ►with the ocher ill accordance with
<br />cite terms of such bid, raid gives such bond or bonds as nnay be specified in the bidding or Contract Documents, with a surety admitted in
<br />the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract and for ilia prompt
<br />payment of labor and material funiislied in the prosecution thereof; or (2) pays to the Owner the difference, not to exceed the amount of
<br />this Bond, between tie amount specificd in said bid and such toreerauount for which the 0tvner may in good faith contract wiIli anotlicr
<br />}tarty lu p erlimn the workcovered by said hid, than this obligation shalt he cull and void, otherwise to rentuin in Bill !thee and effect, The
<br />Surely hereby Ardi►ON an)• notice oi'an ugreemulit betwtt:n the 0►►ner and Contructur lu extend the fin%e in ► hich the Owner may accept llie
<br />bid. Ala ircrurnotice by lltc Surely shall lint uppiy to any extension exceeding sixty (60)days in Ill eaggreeatc beyond tlse time 11)r
<br />acc eplarice ttrbids specified in the hid doctill oil IN, acid the Ontiteralid Contractor shall obluiit file Surel}'s consent lot an extension beyond
<br />sixty (60) days.
<br />If this Bond is issued in connection tvitli a subcontractor's bid to a Contractor, the teen Contractor in this Bond shall be deemed to be
<br />Subcontractor and the tern% Owner shall be deemed to be Contractor.
<br />When this Fiond has been lumished to comply wilh u statutory or other legal requirement in the iocation ol'llie Pntjecl. anv pnWision in
<br />this Bond Con 11iclitis %vilil said statutory ur legal requirement shall be dccmed del eled hercimin and pravisiow; etitnlbM1in¢ to such
<br />Aululory 4Ir other legal requirement -,hall be deemed inumporaled herein. Wlien so litmislicd, the intent is fhat this fiend ~hall be conxtrued
<br />as a staIutory bniid and not as a common Iaw build.
<br />Signed and scaled this 22nd day of October, 2024.
<br />'� j'ko�!� 1��'
<br />(1f11►,ass)
<br />Michuda-Cruz Indiana JV LLC
<br />(Principal) (seal)
<br />K/1
<br />B a:�,_
<br />(Ilene)
<br />ti 5i1 CioRl '4r�
<br />Fideli and Deposit Company of Maryland e` m... "ppy
<br />O
<br />� R '�.''s o
<br />t:Surcry)("SEAL
<br />By:
<br />((l►le) William Reldiriger, Attome -Fact =,y pi;,,fl;s ,,,'�
<br />I M 1 a cn1cc,
<br />S-0054/AS 8110
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