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CONTRACTOR;
<br />Vame, legal stales and address)
<br />R YODER CONSTRUCTION, INC,
<br />27453 Cty Rd 150
<br />Nappanee, IN 46560
<br />OWNER:
<br />(Nanie, legal stales and address)
<br />Cityof South Bend, Indiana Board
<br />of ublic Works
<br />1316 W Jefferson St
<br />South Bend, IN 46601
<br />AIA Doculment A31 OTM -2010
<br />SURETY:
<br />(Name, legal status and principal
<br />place of business)
<br />Granite Re, Inc.
<br />14001 Quailbrook Dr
<br />Oklahoma City, OK 73134
<br />BOND AMOUNT: Five Percent of the Bid Amount (6,00% of Bid Amount)
<br />PROJECT:
<br />(Name, location or address, and Project number, if any)
<br />South Bend Fire Dept, Training: Center Classroom Building; Project No, 117.127
<br />This document has important legal
<br />consequences, Consultation with
<br />an attorney Is encouraged with
<br />respect to Its completion or
<br />modification.
<br />Any singular reference to
<br />Contractor, Surety, Owner or
<br />other party shall be considered
<br />plural where applicable.
<br />The Conti -actor and Surety are bound to the Owncr in the amount set forth above, for- the payment of which the Contractor
<br />and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as provided
<br />herein, The conditions of this Bond are such that if the Owner accepts the bid of the Contractor within the time specified in the
<br />bid documents, or within such time period as may be agreed to by the Owner and Conti -actor, and the Contractor either (1)
<br />enters into a contract with the Owner in accordance with the terms of such bid, and gives such bond or bonds as may be
<br />specified in the bidding or Contract Documents, with a surety admitted in the jurisdiction of the Project and otherwise
<br />acceptable to tile Owner, for the faithful performance of such Contract and for the prompt payment of label, and material
<br />furnished in the prosecution thereof, or (2) pays to the Owner the difference, not to exceed the amount of this Bond, between
<br />the amount specified in said bid and such target- amount for which the Owner may in good faith contract with another party to
<br />perform the work covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and effect,
<br />The Surety hereby waives any notice of an agreement between the Owner and Contractor to extend the time in which the Owner
<br />may accept the bid. Waiver of notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate
<br />beyond the time for acceptance of bids specified in tile bid documents, and the Owner and Contractor shall obtain the Surety's
<br />consent for 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 be
<br />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 tile location of the Project, ally
<br />provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted heref'rom and provisions
<br />conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so furnished, the intent
<br />is that this Bond shall be construed as a statutory bond and not as a common law bond.
<br />Signed and sealed this 15th day of March, 2018
<br />J6"17 R YODER CC)NC.
<br />VI"A
<br />Ali (Principal)
<br />(Seal)
<br />(Title)
<br />Gran' R
<br />n c,
<br />(SU (Seal)
<br />Hansen CYL
<br />(Title)ConnieSmith, Attorney -In -Fact
<br />ATA Document A310-- 2010. Copy,rig"1963,)1970 and 2010 by The American Institute of Architects, All rights reserved. WARNING; This AIAO
<br />Document is protected by U.S. Copyright Law-6d International Treaties, Unauthorized reproduction or distribution of this AIA11 Document, or
<br />any portion of it, may resuft in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law.
<br />Purchasers are permitted to reproduce ten (10) copies of MS document wMe—ncoriff-pleted. To report copyright violations of AIA contract uocuments, e-mall
<br />The American Institute of Architects' legal counsel, coPyright@aiap 9. 061110
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