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Opening of Bids - Wall Street and Greenlawn Avenue Improvements Proj No 124-023B - Selge Construction
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Opening of Bids - Wall Street and Greenlawn Avenue Improvements Proj No 124-023B - Selge Construction
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7/21/2025 1:16:22 PM
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Document A310TM - 20'10 <br />Conforms with The American Institute of Architects AIA Document 310 <br />Bid Bond <br />CONTRACTOR: SURETY: <br />(Nrmle, legal status and address) (Nmrre, legal status and principal place ofbtcdnem) <br />The Cincinnati Insurance Company <br />Selge Construction Co., Inc. P.O. Box 145496 This document has important <br />2833 South 11th Street Cincinnati, OH 45250-5496 legal consequences. Consultation <br />Niles, MI 49120 Mailing Address for Notices with an attorney is encouraged <br />with respect to its completion or <br />OWNER: modification. <br />(Na nc. legal status and addnw) <br />Any singular reference to <br />Cityner <br />of South Bend Board of Public Works <br />or <br />Coerpartysh llbeo considered <br />other party shall be considered <br />227 West Jefferson Boulevard <br />plural where applicable. <br />South Bend, IN 46601 <br />BOND AMOUNT: 5% Five Percent of Amount Bid <br />PROJECT: <br />(Xmne, locadonoradd esg ai dProjectnumbrr•, ffany) <br />Wall Street and Greenlawn Avenue Improvements Project No. 124-023B <br />The Contractor and Surety arc mound to the Owncr in the arnouni set forth above. for the Nymncni of which the Contractor and Surety bind <br />thtcinscives, their heirs. executors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of ih"is <br />Bond arc such that if ilic Owner accepts the bid of the Contractor wishin the tiinic spe-cified in the bid docnnicnts, or ►villtio such link period <br />as inky be agreed to by the 0mier and Contractor. and the Contractor either (1) enters into a contract with the Owner in accordance ►►•ith <br />the terms ofsuch bid, and gives such bond or bonds as nsay be specified in the bidding or Contract Documents, ►tilh a surety admitted in <br />the jurisdiction of Ilia I'raject and otherwise acceptable to the Owner, for the failiiful performance of such Contract and for the prompt <br />payment of labor and material furnishcd in the prosecution thereof: or (2) pays to the 0wocrthc diftcretice, not to exceed lice anioutit of <br />this Bond, bciween the amount specified in said bid and such larger amount for ► hich the Owner may in good faith contract with another <br />party In Ni—rorm thework careered by said bid, then this tibligation shall be null and raid, tfflm ►vise to remain in lull lbree and cll'ect. The <br />Surety hereby w;aivcs any nolicc of an agreement bellveen the Owner and Contractor to extend the time iit ►vliich the Owner stay aecapt the <br />bid. %Vu'svero[ notice by Ilse Surety shuI1 nett uppiy to any et:iension nxeceding sixty (60) days in the aggregate beyond Ili time for <br />acceptance orbids specified in the bid dtx tuuents, and the Owner and Contractor shall obtuin the Surety~ consent tin an extension beyond <br />sixty (60) days. <br />If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall be doomed to be <br />Subcontractor and die term Owner shall be deemed to be Contractor. <br />When this Bond lie,; hnen furnished to comply ►Mill u statutory oroffier legal requirement in the location olthe Project, any provision in <br />this iiond conilicting with mid statulory or legal requirements all be deemed deleted lierelrrnn and provisions conllorrning to such <br />smularry or other legal ruquirement shall be deemed incorixiraled herein. Witr=i sti lumi%hed, the intent is Thal this Bond shall be construed <br />ss a Slatu;ttty hand and not as u common Ia►r• txmd. <br />Signed and sealed this 22nd day of April, 2025. <br />r <br />c ilyil Tess) Allison Swinehart, Corp. Secretary <br />,�►tllllltllt,� <br />N5kk U C t}IOh <br />fl . <br />G0 <br />0P ORA rkt. <br />SEAL. <br />Mlchi9s°' <br />�/tfllllltt�► <br />Selge Construction Co., Inc. <br />(Principal) (Seal) <br />l : V�x f <br />(Tile) Robert P. Kuhns, PE, VP Estimating <br />The Cincinnati Insurance Company <br />'J/11V-CAk (•Sea%)� CORPORATES E A L <br />mile)Tracie House, Attorney -in -Fact �A <br />
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