Bid Award - Grand Trunk Western Water Main Replacement Proj #122-041 - HRP Construction

Home Browse Search

Document A31 O TM - 2010 Conforms with The American institute of Architects AiA Document 34.0 Bid Bond CONTRACTOR: (Nam, legal slotus and address] HRP Construction Inc. PO Box 266, 5777 Cleveland Rd South Bend, IN 46624-0266 OWNER: (Nana, legalstartrsandrtald►rw) SURETY: (Name, legal status and Princtlretl place qfhWite.wj Fidelity and Deposit Company of Maryland 1299 Zurich Way, 10th Floor Schaumburg, IL 60196-1056 Mailing Address for Notices City of South Bend Board of Public Works County -City Building Room 1316, 227 West Jefferson Blvd South Bend, IN 46601 BOND AMOUNT: 5% Five Percent of Amount Bid This document has Important legal consequence& Consultation with an attorney is encouraged with respect to Its `eontpletionor' modification. Any singular reference to Contractor, Surety, Owner or other patty shall be considered plural where applicable, PROJECT: (Xmw, lortrtiwrorad&= a►►dilroject►►tuuber, (fmt Grand Trunk Western Railroad Water Main Replacement At Greenlawn Avenue (Division 1) and S. 30th Street (Division 2), Project No. 122-041 The Contractor and Surety are bound to the Owner In the mount set forth above. for the payment of which the Contractor and Surety bind themselves. their hairs, oxcoutorr, administrators, sttcxessors and as6gns, jointly and severally, as provided herein. Tho conditions of this Bond am such that if the Owner accepts the bid of the Contractor within the time specified in the bid documents, or withinIsuch lime period as may be agreed to by the Owner and Contraclor, and the Contractor either(l) enters into a contract wiith the Otvnor in accordance «tith the terms of such bid, and gives such bond or bonds as may be specified in the bidding orContract Vocuments, with a surety admitted in the jurisdiction of the %ject and otherwise acceptable to the Owner, for the faithful performance of such Contract and for the prompt payment of tabor and material furnished in the prosecution thereof; or (2)_pays to the Owner the diffomnce, not to exceed the amount of this Bond, between tile amount specified in said bid and such larger amount for which the Owner may in good With contractwith another party to perform lilt lion- fx)%,cmd by said bid, then this obligation shall be null and void, otherwise to remain in full rome and allect. The Surety hereby,wah," any noticeofan agreement between lheOwncrand Contractor to extend the time in which the Ownermayaccept the bid. Waiver ofnotice by thoSurety shall not apply to any es ten.,don exceeding-4xty(60) i vs in the aggregate beyond the time for acceptance of bids specified in the bid documentx, and the Ow %or and CAmituclor %hull obtain the Sutvty'ss consent l'nran extension beyond r.7xty (60) da". . If this Bond isissuod in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall be doomed to be Subcontractor and the term Owner shall be deemed to be Contractor. When this Bond has beenturnisheei to cesmply with a -statutory orolher legal requirement in the location (if lilt Project, any provision in this Bondconllicting with said:sdatutory or legal requirement shall be deemed deleted iterefrorrt and pruvisionsconforming to:sttch statutory or othertogal requirement shall be deemed incorporatedberein. When so furnished, the intent is that titisr iiond shall be construed am u .%Wutory bond and nest as a common law band.; Signed and scaled this 16th day of July, 2025. (lYit►sJ Nan y Knap�ce President._ . roll ' =ff*i= • • HRP Construction Inc. lPrfir �� t ` . rSral� BVNI— Orle} Matthew D. Cain, President Fidelity and Deposit Company of Maryland M GOt}'r{+Gfn rf�f�+ittrf� ail{++t++`� "0841AS $110