Opening of Bids - 2025 NSE Demolitions Proj No 125-043 - Green Demolition Contractors

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Tx� CINCINNATI INSURANCE COWANY Bid Bond CONTRACTOR (Name, legal status and address), Green Demolition Contractors. Inc. 316 Brighton St, Sts 1 LaPorte, IN 46M SURETY (Name, legal status and principal place of business) THE CINCINNATI INSURANCE COMPANY 6200 S. GILMORE ROAD FAIRFIELD, OHIO 45014-5141 OWNER (Name, legal status and address): This document has important legal Department of Public Works,, Ot of South Bend, Indiana consequences, Consultation with 227 Jefferson BW County City Bullding Room 1316 an attorney Is encouraged with South Bend. IN 46601 r+espeat to Its Completion or modificstton BOND AMOUNT: Any smguter reference to 5%/F'We Percent Contractor, Surety, Owner or other party shall be considered plural where applicable PROJECT (Name, location or address, and Project mtmber, if arty): 2025 Neighborhood Services & Enf mement Dernolltlons Project Number, if any Prefect No 125.043 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 hers, executors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this Band are suds 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 (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 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 differenr� not to exceed the amount of this Bond, between the amount specified in said btd 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 un full force and eftt. 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 Sure shall not y to an extension exceeding sixty (60) days in the aggregate beyond the tune for acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for an extension beyond the sixty (60) dWs• 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 terra Owner shall be deemed to be Contractor. - When this Band has been furnished to comply with a statutory or other legal requirement in the locittton of the Pmect, any provision in this Bond conflicting with said statutory or legal requirement shall be deemr4deleted hemfrom and provisions conforming to such statutory or other legal requirements shall be deemed incoipogted herein. When so furnished, the intent is that this Bond shall be conshuid as a statutory bond and not as -a - common law bond _ Signed and sealed this 12 day of August 2025 Green Detnolltlon Contractors, InaC ;11G� - - al} (5ea1, toss) Michael B h. President )Aj� (WtMM) Ll (Title)I /V Peter Motget, Attomwn-Fad The Campaay eat c ing this bond vouches the t this document conibrms to Annencmi l=tute of Ard WAs Docun nt S-2000-AIA 01110) PUBLIC