Opening of Bids - Riverfront West Urban Neighborhood Development Proj No 121-067 - 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 11 th Street Niles, MI 49120 OWNER: (Nance, legal states and address) City of South Bend Board of Public Works 227 West Jefferson Boulevard South Bend, IN 46601 SURETY: (Name, legal status and principallrlace oJ'bfaeffcers} The Cincinnati Insurance Company P.O. Box 145496 Cincinnati, OH 45250-5496 Mailing Address for Notices BOND AMOUNT: 5% Five Percent of Amount Bid This document has important legal consequences. Consultation with an attorney is encouraged with respect to its completion or modification. Any singular reference to Contractor. Surety, Owner or other party shall be considered plural where applicable. PROJECT: Wacfm location oraddmss. and!'rojectnumb er, lfaw) South Bend Riverfront West Urban Neighborhood Development Project No. 121-067 The Contractor and Surety are bound to the Owner in the amount set forth above. for the payment of►vlrieh the Contractor and Surety bind themselves. their heirs, executors, administratom successors and assigns, jointly and severally, as provided herein. The conditions of this Bond arc such that if the Owner accepts the bid of the Contractorwitltin the time specified in the bid docuutcttts, or ►■•ithin such little period as:niv be agreed to by tltc Uuner and Contractor, and the Contractor either (1) enters ittto a cawract ►wi[h 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 ill the jurisdiction of the I'roicci and otltcr%vise acceptable to the 0%Vacr, for the: faithful performance of such Contract and for [lie prompt pay meiit of labor and material fit niislied in the prosecution thereof; or (2) pays to tho Owner Ill dittereacc, not to cxceud the antoutit of this Bond, benveen the amount specified hi said bid and such larger amount for ►vlsich the 0mier may in good faith contract tvith another party ter pcdirrnn the nark cove Ted by said hid, tiien this ohligat'soil shalt he null ant! void, utltt:rtwise it) remain in litlI lbrce and ell; el. The Surely hereby ►►gives any noIicc o['an agreement bet►veeit ilse 0n ner and Contractor to extend the lime in which 111e Otruer atav accept tine bid. Waiver of notice by the Surety ~hall not apply to ally ex[ension exceeding sixty (60) days in the aguregaze beyond the time tior acceptance <ol'bids ti�reciI!ed iit the bid documents, and tine 0nner and Contractor ~hall obtain the Sure,} %consent lirr an exlensistn beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall be deemed to be . Subcontractor and the term 0%vner shall be deemed to be Contractor. When this Bond has been l'urnished ter comply ►vi[h a slulutory orotber legal requireutent in the intention ol'llsc IPnsject. any provision in this Bond conflicting nillt said siatutory or Iegal requirement shall be deemed deleted herefrom and provisions coulimniste [o such statulory or other legal requirement shall be deemed incorparaled herein. Wizen so IUntished. the intent is that this Bond shall be construed as a statutory Ixrnd and not as a common la%v bond. Sighed and scaled this 22nd day of July, 2025. r ILL (Il fc�cess) Allison Swinehart, Corp. Secretary (irttnecr) David J. Roth Sel a Construction Co.. Inc. (Principal) d) / (sen Bv: --a P 1^ (lithe) Robert P. Kuhns, PE, VP Estimating The Cincinnati Insurance Company (.SfffYtj� ^ H�N� (Se[fl) CORPORATE S EAL� By: I i1e)Tracie House, Attorney-in-FactOHIO S-00541AS 8110