Opening of Bids - Leeper Court Reconstruction Proj No 124-022 - Byrne & Jones Construction

Home Browse Search

" A..I Document A310TM -2010 Bid Bond SURETY: CONTRACTOR: (Nance, legal status and principal place of business) This document has Important legal (Name, legal stalus and address) Travelers Casual and Surety Company of America Casualty y P Y consequences. Byrne & Jones Construction Y One Tower Square Consultation with an 13940 St. Charles Rock Road Hartford, CT 06183 attorney Is encouraged St. Louis, MO 63044 with respect to Its completion or OWNER: Mail Notices To: modification. (Name, legal status and address) Travelers Attn: Surety Claim Dept. Any singular reference to City of South Bend 1316 County -City Building One Tower Square 2S1A contractor, Surety, owner, or other party 227 West Jefferson Blvd. Hartford. CT 06183 shall be considered plural South Bend, IN 46601 where applicable. BOND AMOUNT: Five Percent (5%) of the Amount Bid PROJECT: VPA Leeper Court Reconstruction Project No.124-022 (Name, location or address, and Project number, if any) The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the Contractor and Surety bind themselves, their heirs, executors, administrators, 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 and Contractor, and the Contractor either (I) 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 Documents, with a surety admitted in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such 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 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. The Surety hereby waives any notice of an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for an extension beyond sixty (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 term 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 provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so furnished, the intent is that this Bond shall be construed as a statutory bond and not as a common law bond. Signed and sealed this 13th day of" May, 2025 Byrne & Jones Construction (Principal) (seat) Travelers G sitalty and Surety Company of America (surety) ',� (Seat) (Title) Attorney -in -Fact [nit. ALA Document A31J — 2010. Copyright 01963, 1970 and 2010 by The American Institute of Architects. All rights reserved. WARNING; This AIA Docwnent is protected by U.S. Copyright Lew and International frcatics. Unauthorized reproduction or distot)utlon of tole AIA Documentor any portion of it, nay result in >evoe. ,ivit and criminal penalties, ;ind still be prosecuted R,t the maxlntu n extent pusslbie under the law. Purchasers are permitted to reproduce ten (10) copies of this document when completed. To report copyright violations of AIA Contract Documents, e-mail The American Institute of Architects' legal counsel, cooyrioht0aia.ore. 061110 SEAL' i ,t�� ►ra Z1�1`.'Cs'•