Opening of Bids - Water Treatment Chemicals 2018-2019 - PVS Technologies, Inc.

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OTM NO AIA Document A31 CONTRACTOR: (Marne, legal stators and address) PVS TECHNOLOGIES, INC. 10900 Harper Avenue Detroit, MI 8213 OWNER: (.,Vame, legal staters andaddress) SOUTH BEND SURETY: (A'ame, legal status and principol place of business) HARTFORD FIRE INSURANCE COMPANY One Hartford Plaza Hartford, CT 06155 This document has important legal consequences. Consultation with an attorney is encouraged with respect to its completion or modification. 227 West Jefferson, South Bond, IN 46604 Any singular reference to Contractor, Surety, Owner or BONDAMOUNT: Ten percent of amount bid. other party shall be considered 0 0'1. of Amount Bid) plural where applicable. PROJECT: (?Vame, location or address, and Project number, ifany) Furnish and Deliver Ferric Chloride Project Number, if any: The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly mid severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor within the tirric specified in the bid documents, or within such time 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 (lie terms of such bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, witha surety admitted in the jurisdiction of the Project and othenvise acceptable to the Owner, for the faithful performance of such Conti -act and fior the prompt payment of labor and material furnished in the prosecution thereof, or (2) pays to the Owner the difference, not to exceed the arnourit of this Bond, betNvccn the amount specified in said bid and such larger amount for w1iich the Owner may in good faith contract with another party to perform the work covered by said bid, then this obligation shall be null and void, otherivise to remain in full force and effect. '171he Surety hereby waives any notice of an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of notice by the Surety shall riot apply to any extension exceeding sixty (60) days in the aggyregate beyond the time for acceptance of bids specified in the bid doCUITIents, and the Owner and Contractor shall obtain the Surety's consent for Carr extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall be deemed to be Subcontractor and the term Owner shall be deemed to be Contractor. When this Bond has been furnished to comply witha statutory or other legal requirement in the location of the Project, any provision in this Bond conflicting with said statutory or legal requirement shall be deemed r1cleted herefro.kii and provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. Wheti so furnished, the intent is that this Bond shall be construed as a statutory bond and not as a coninion law bond. Signed a d scaled this 131h day of March, 2018 —PVAHNOLOGIESJVM A-1 (& a I k tll-v Sh;qy ne:s (Title)'Craig , ikkelson / VP of Sales and MArketing HARTFORD FIRE III SURA,1fNCE COMPANY (Surqy) -(Seal) (witness) Samantha Chierici (Title) Aerie Walton, Attorney in Fact AIA Document A3101m — 2010, Copyright 1963, 1970 and 2010 by The American Institute of ArchRects. All rights reserved,