Opening of Bids - Riverfront West Urban Neighborhood Development Proj No 121-067 - HRP Construction

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Document A31 o TM — 2010 Conforms with The American institute of Architects AIA Document 310 Bid Bond CONTRACTOR: (Nam, legal status andaddr=) HRP Construction Inc. PO Box 266, 5777 Cleveland Rd South Bend, IN 46624-0266 OWNER{ (Nam 109als#marrtttdad m4s) City of South Bend Board of Public Works SURETY: (Nam, legalstarus and plinclind place afbtarit m) Fidelity and Deposit Company of Maryland 1299 Zurich Way, 10th Floor Schaumburg, IL 60196-1056 Mailing Address for Notices County -City Building Room 1316, 227 West Jefferson Blvd South Bend, IN 46601 BOND AMOUNT', 5% Five Percent of Amount Bid PROJECT. {,'4'tr w 7z;t V1 ortrddfs W1d1)M*1rr00r, far t3'j Riverfront West Urban Neighborhood Development, Project No. 121-067 This document has lnrpartant legal consequences, Consultation with an attorney Is encouraged with respect to us oompletion of nwdiffcation,. Any singular reference to Contractor, Surety, owner or outer party shall be considered plural where applicable. The Contractor and Surety ate bound to the Owner in the amount set forth above, for the payrttcnt of which the Contractor and Surety bind thcros;oI%v , their itch:, oxeoutors, administrators, sucacssocs and assigns, jointly, and severally. as provided herein. The conditions of this Bond are such that if the CK%,mr accepts the bid of the Contractor vvi&n the time specified in the bid doetiments. or within such tune period as may be opted to by the (hvner and Contractor, and the Contractor either (l) enters into a contract with the U%rrer 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 t7ewtter, for the faithful performance ofsuch Contract and for the prompt payment of labor and material famished in the prosecution thereof, or (2) pays to the (Xvner the difference, not to exceed the amount of. this Bond, bctwrcen the amount apcoified in said bid and such larder amount for which the Owner may is good,Wth controct with another party to perrAorm the work co%vred by mid bid, then this obligation shall be null and vo K otherwise, to remain in lull force and cheer. The Surety Hereby waives any notice area agreement bet%wen the Ourner and Contractor to extend the time in which the Owner r may accept the bid. Walver of notice by the Surety strait not apply to any extension exceeding sixty (60) days in the aggregate b ey%ind the time for acceptance or baids specirtod inthebid document.-, and the Owner afar Contractor shall obtain the arms; consent for an extension beyond sixty (60) dayrs. if this Bond is issued in connection with a subcontr actoes bid to as Contractor, the tomb Contractor in this Bond shall be doomed to be Subcontractor and the term Owner shall be deemed to be Contractor. When this Dond'Iraas been tarnished to comply with it statutory orother legal requirement in the 100460111 Of the P'rcrject, arty pntwi.S un in this Bond conflicting with xraid sttatutory or legal requirement shall be dcamed deleted her et"rom and provisions oonforming to such statutory or other legal requirement shaft be deaned incorporated limit). When err lumished, the intent is that this Bond shall be construed as a statutory bond and not as a vmrtinion law, bond. Signed and seated this 16th day of July, 2025. ilty" ` Nati6y Knal!iik, Vice President HRP Construction Inc. lPri}rstprrl) _"`W" � tthew D. Cain, Presi t Fidelity and Deposit Company of Maryland M- retyj r (,Seal) in 010 J; : SEA). rnI aK : r ram. � '`••......�"' 4 ti.. tltsrtOiB S-00"A'S V10