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AIA Document A31 0 <br />Bid Bond <br />KNOW ALL MEN BY THESE PRESENTS, that we <br />RAM Construction Services of Michigan, Inc. <br />13800 Eckles Road,Uvonla, MI 48150 <br />as Principal, hereinafter called Principal, and <br />Fidelity and Deposit Company of Maryland <br />1299 Zurich Way, 5th Floor,Schaumburg, IL 60196-1056 <br />a corporation duly organized: under the laws of the State of TnIand <br />as Surety, hereinafter called Surety, are held and firmly boun u n 0 <br />Cfty of South Bend Department of Public Works <br />227 West Jefferson Street,Southi Bend, IN 46601 <br />as O,bli'gee, hereinafter called Obligee, in the sum Of Five Percent of Accompanying Bid <br />Dollars (5% of Bid <br />for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind ourseives, uur <br />heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. <br />WHEREAS, the Principal has submitted a bid for (Here insert full name, address and description of project) <br />Leighton Deck Coatings - Phase 11 - Project #117-092 <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with the <br />Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or Contract <br />Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt payment of labor and <br />material furnished in the prosecution thereof:, or in the event of the failure of the Principal to enter such Contract and give such <br />bond or bonds, if the Principal shall pay to the Obligee the difference not to, exceed the penalty hereof between the amount <br />specified in said bid and such larger amount for which the Obligee may in good faith contract with another party to perform the <br />Work covered by said bid, then: this obligation shall be null and void:, otherwise to remain in full force and effect. <br />Signed and sealed this 12thday of December 2017 <br />RAM onift TM'.tio n Services of Michigan, Inc. <br />Robert T)Mazur, Prf-sident <br />cipal) (Seat, <br />Brenda Jayne s(WifrieSs)",r <br />(Title) <br />Fidelity and Deposit Company of Maryland <br />(Surety) (Seal) <br />(Witness) <br />Holly Nichols (Title) <br />,Attorney in Fact <br />D-41-IFAMERiCAN <br />INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASI-IINGTON, D.C. 20,006 <br />