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11-t-AIA Document 31 o TM — 2010 <br />�► <br />CONTRACTOR: SURETY: <br />(Afame, legal stattfs and address) (Name, legal status and principal place <br />Slatile Roofing & Sheet Metal Co., Inc. of business) <br />Hudson Insurance Company <br />1703 S. Ironwood Drive 100 William Street, 5th Floor <br />This document has important legal <br />South Bend, IN 46613 New York, NY 10038 <br />consequences. Consultation with <br />OWNER: <br />an attorney is encouraged with <br />(Name, legal status and address) <br />respect to its completion or <br />Board of Public Works of the City of South Bend <br />modification. <br />1316 County -City Building <br />Any singular reference to <br />South Bend, IN 46613 <br />Contractor, Surety, Owner or <br />BOND AMOUNT: ***FIVE PERCENT OF AMOUNT BID*** <br />other party shall be considered <br />plural where applicable. <br />PROJECT: <br />(Name, location or address, and Project number, if airy) <br />Monroe Street Arts Buildings - Select Roof Replacement, Project No. 125-021AR <br />The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the <br />Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and <br />severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor <br />within the time specified in the bid documents, or within such time period as may be agreed to by the Owner and <br />Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terms of such <br />bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, hvith a surety admitted <br />in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract <br />and for the prompt payment of labor and material furnished in the prosecution thereof; or (2) pays to the Owner the <br />difference, not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount <br />for which the Owner may in good faith contract with another party to perform the work covered by said bid, then this <br />obligation shall be null and void, otherwise to remain in full force and effect. The Surety hereby tvaives any notice of <br />an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of <br />notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for <br />acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for <br />an extension beyond 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 <br />be deemed to be Subcontractor and the term Owner shall be deemed to be Contractor. <br />When this Bond has been furnished to comply with a statutory or other legal requirement in the location of the Project, <br />any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and <br />provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so <br />furnished, the intent is that this Bond slialI be construed as a statutory bond and not as a common law bond. <br />Signed and sealed this 26th day of August 2025 <br />Slatile Roofing & Sheet Metal Co., Inc. <br />(Witness) V V V <br />(Witness) <br />(Principal) (Seal) <br />_ C on4-m I I t-1 <br />(Title) <br />Hudson Insurance Com n <br />(Surety) (Seal) <br />(Title) Todd Schaap,Attorney-in-Fact <br />AIA Document A310- —2010. Copyright 0 1963,1970 and 2010 by The American Institute of Architects. All rights reseried. WARNIin: 'rhl} At" �a <br />Init. Document is protected b U.S. Co -� _ p y Copyright Law and International Treaties. Unauthorized repro uctlorvor distributian of this AIA' la-ccment, or <br />any portion or it, may result In severe civil and criminal penalties, and will be prosecuted to :ne max!mum extent possible under 1i a law; <br />/ Purchasers are permitted to reproduce ten (10) copies of this document when completed. To repce, copyrigtu viotathns cifAIA Contract DAimen1% email, r t <br />The American Institute of Architects' legal counsel, copyright@aia.org.„� 1918 , <br />,e. <br />f,ar,a. <br />