Opening of Bids - 2025 Curb and Sidewalk Program Proj No 125-001 - Selge Construction

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Document A310 TM - 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: (Name, legal status and address) Selge Construction Co., Inc. 2833 South 11th Street Niles, MI 49120 OWNER: (Name, legal statnns and addrss) City of South Bend Board of Public Works 227 West Jefferson Boulevard South Bend, IN 46601 SURETY: (Name, legal status and p)inciprrl place• of bial"e0 The Cincinnati Insurance Company P.O. Box 145496 Cincinnati, OH 45250-5496 Mailing Address for Notices BOND AMOUNT: 5% Five Percent of Amount Bid PROJECT: Whine. location oradd►e-A andl'rojectrrrmrber, ifay) South Bend -2025 Curb & Sidewalk #125-001 This document has Important legal consequences. Consultation with an attorney is encouraged with respect to its completion or modification. Any singular reference to Contractor, Surely, Owner or other party shall be considered plural where applicable. 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 withi n such time period as may be agreed to by the O%micr and Contractor, and the Contractor either (1) 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 U►wncr, for the faithful performance of such Contract and for the prompt payment of labor and material fumisbcd in the prosecution thereof; or (2) pays to the Owner the difference, not to exceed the amount of this Bond, bctween 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 +end void, otherwise to remain in lull lorce and ell'ecl. The Surely hereby %valves any nolice of mm ugrecincmt ben4xen the Owner and Contractor to extend the lime in which the Owner may accent the bid. %'giver olnotice by IIic Surely shall not uppiy In any extension exceeding sixly (00) days to the aggreple beyond Ili (isle lbr acceptance ol`bids tipecilied in the bid documents, and [he Owner and Contractor shall obtuin the Surety's consent limy an extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractors bid to a Contractor, the term 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 requiremmeni in [lie locution ol'the Project, any limVision in this Bond conflicting with said sulutaory or legal requirement shall be deemed deleted herel'rom and provisions conforming to such statutory or Other legal requirement shall be deemed incorporuled herein. When um furnished, the intent is [lint this Bond shall be construed as a statutory bond and not us a common law bond. Signed and scaled this 27th day of May, 2025. �� i , '•�V•tI�.J 77'111ess) Allison Swinehart '''�111lIltltltttrr C,? ' gpORA U- —4 a w,l Dag-i. Roth - SEAL n S d) fWASRib "'fill 111101 \" Selge Construction Co., Inc. (Principal) (Seal) By P (litre) Robert P. Kuhns, PE, VP Estimating The Cincinnati Insurance Company' (Seal) aslu n)9, ;? RATE SEA L By: (fr/le)Tracie House, Attorney -in -Fact oMo