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Document A31 O TM -- 2010 <br />Conforms with The American Institute of Architects AIR Document 310 <br />Bid Bond <br />CONTRACTOR: <br />(Name* legal status and address) <br />Demolition Contractors Inc. DBA Pitsch Companies <br />675 Richmond NW <br />Grand Rapids, MI 49504 <br />OWNER: <br />(Name. legal staftrs and atkire ss) <br />SURETY., <br />(Name. legal status and principal place r f hti naxvj <br />Merchants Bonding Company (Mutual) <br />P.O. Box 14498 <br />Des Moines, IA 50306-3498 <br />Mailing Address for Notices <br />City of South Bend, Indiana, Board of Public Works <br />212 W. Colfax Ave <br />South Bend, IN 46601 <br />BONG? AMOUNT: 5% Five Percent of Amount Bid <br />PROJECT: <br />(Natrid.>, loWdouoraddr= a ndPrajectxttntbcr, ifaI j <br />Rabid Shulman Apartment Building Demolition / Project No. 125-014 <br />This document has important <br />legal consequences. Consultatlan <br />with an attorney Is encouraged <br />wish respect to its completion or <br />modification, <br />Any singular reference to <br />Contractor, Surety, Owner or <br />other party shall be considered <br />pluratwhere applicable. <br />The Contractor olid Sititty are bound to the Otvncr in tita amoulit SCE forth above, for the peyment of Which the Contractor and Surcty� bind <br />themselves. tllcirticirs, executors. administrators, successors and as$ib+tls, joiilily and severally, as provided hcrcia. The conditions of this <br />Bond arc slick Illat if the Olrnor acecpts the bid of the Contractor *violin the lime specified in the bid docutucnts, or within such time }period <br />astray be agreed to by tiro Owner and Contractor, and tine Contractor either (l) enters into a contract tXilh tho Owner ill accordance with <br />tine terills of such bid, and gives such bond or bonds as may be spaoitied in the bidding arContract Documents, tvitil n surety admitted in <br />Ille,juiisdiction ofthe Project and otherwise acceptable to the Omicr, for the faithful performance ofsuch Contract and for tho prompt <br />paviuent of labor and material furnished ill file prosecution tilereof,, or (2) pays to the O%viler the difference, not to exceed (Ito amount of <br />this Bond, botween tilt at11nu1t specified ill said bid and such larger amount for which Ilte 0%mler may in good ;faith contract milk anotiler <br />party lln Portbrill tilt-, work covered by'.aid bid, then this iibligaticnl shah he null and void, 01herwiNO ltl renlairt in Lull force and ell001. The <br />Surety hereby waives any notice al'ali agreement between the Owner aid Contractor to eNtend the dine in mvhicll lice owner %lluy accept the <br />bid. *Zlivex a'Cllolloa by the Surety shall %lot apply to any Juxtensi nl eacLadillo sixty (61i1) days in the aggrog4w beyond tllc time lllr <br />acccptunee -,!'bids ;pcaiticd in the bid (Iticut1u:11tS, and the Oi%nor alai Coutrlc[or sEtuf I obtain the Surety"s coilwnt filr an exlension beyond <br />sixEy (W) days. <br />If'this Bond is issued in comicotion ►vilti A subcontractor's bid to a Contraoto , the term Contractor in Ibis Bond shall bps deemed to be <br />Subcontractor and the icon Owner small be deemed to be Contractor. <br />When lids hand has been kiirimiled to ea)uply With a statidory or otlier legal retttliretucnt ill the loeati%rtl alike PrirjeeL uriv pnleisiiln in <br />this Tln»d coniiiethlg'vit► said statutory or legal requirement sliull be deemed deleted lnc-erroni and provision'. comjbm' ling to such <br />'.tatutory or other legal requircineak shall be deemed incorgoruled herein, when sa furnished, tie intent is that this Dand %hall be vtnhsinicd <br />US a statutory build and not its a comniun la►v bond, <br />Siguod and scaled this 9th day. of September, 2025. <br />fivitn&5s) Ximberly Ben tt <br />S-00$4IAS VI Q <br />Demolition Contractors Inc. DBA Pitsch Com anies <br />JPriirclpa9 (seal) <br />B; <br />(Title) <br />Merchants Bonding Company (Mutual) <br />f4turt�j (5�i1} �. <br />By, w _. <br />Elle Lori A King de, Attorn -in-Fact r <br />