Opening of Bids - Century Center Masonry Restoration Phase II Proj No 117-037 - Slatile Roofing and Sheet Metal Co., Inc.

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Document A310 TM - 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: (Name, legal slalus and address) Slatile Roofing & Sheet Metal, Inc. 1703 S. Ironwood Drive South Bend, IN 46613 OWNER: (Name, legal slalus and address) SURETY: (Name, legal status and lnirrcipal Place r f bloble-0 Merchants Bonding Company (Mutual) P.O. Box 14498 Des Moines, IA 50306 - 3498 Mailing Address for Notices City Of South Bend Board of Public W arks 227 W Jefferson Blvd Room 1316 South Bend, iN 46601 BOND AMOUNT: 5% Five Percent of Amount Bid This document has Important legal consequences. Consultation with an attorney is encouraged with respect to Its completion or modification, Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. PROJECT: (,Varse.locallolloraddrvsxandllmjectnumber, fattrj Century Center Masonry Restoration Phase II, 120 S. Dr .Martin Luther King Jr. Blvd. The Contractor and Surety are bound to the Owner in the amount set fortis above, for the payment of which tiro Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. "file conditions of this Bond are such that if ilia Owner accepts the bid of the Contractor within the time specified in the bid documents, or within such fine 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 tite prompt payment of labor and material furnished in the prosecution thereof; or (2) pays to the Owner the difference, not to exceed tine amount of this Bond, between the amount specified in said bid and such larger amount for which tite Owner may in good faith contract with another party to perliru the work covered by said bid, then this obligation shall be null and void, otherwise to retrain in lull lorce and effect. The Surety hereby waives ally notice al' an agreement between the Owner and Contractor to extend the lime in which the Owner may accept the bid. Waiverol'nolice by the Surety shall not apply to any extension exceeding sixty (60)days in theaggrcgale beyond the lime for acceplaoce of bids specified in tite bid documents, and the Owner and Contractor shall obtain the surety's consent for an extonsion beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the tenu Contractor in this Bond shall be doomed to be S ubcontractor and the term Owner shall be deemed to be Contractor. When this Bond has been furnished to comply with a statutory or oilier legal requirement in [lie location oftbe Project any provision its this Bond conllicting wills sold stululory or legal requirement shall be deenned deleted herefiotnl and provisions eonflo nting to strclu statutory or other legal requirement shall be deemed incorporated herein. When so fumished, the intent is that this Band xhull be construed as a statutory band and not as a common law bond. Signed and scaled this 13th day of June, 2017. Slatile6Roofing & Sheet Metal, Inc. (p01fclpa1) (Seal) 0400 CO Merchants Ponding, Company (Mutual) •off°,Aeo9�'A�•. (,Suret)j (l'laressj ! y: 1933 ky; �y,;�y�; ....... race House .t erne -In- act ..��•..• s-00541As alto