|
C�11�,�,I"',%] 141 1 ism
<br />Wro I
<br />CONTRACTOR:
<br />OVame, legal status and address)
<br />Nesco, LLC
<br />6,714 Pointe Inverness Way, Suite 220
<br />Fort Wayne, IN 46804
<br />SURETY:
<br />(Name, legal status andprincipal place
<br />of business)
<br />Westchester Fire insurance Company
<br />436 Walnut Street
<br />Philadelphia PA 1910,5
<br />OWNER:
<br />(Name, legal status and address)
<br />City of South Bend
<br />227 West Jefferson
<br />South Bend Indiana 46601
<br />BOND AMOUNT:
<br />10% of Bid Amount
<br />PROJECT:
<br />(Name, location or address, and Project number, ifany)
<br />Purchase of a Boom Truck
<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 Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the
<br />Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and
<br />severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor
<br />within the time specified in the bid documents, or within such time period as may be agreed to by the Owner and
<br />Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terms of such
<br />bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted
<br />in thejurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract
<br />and for the prompt payment of labor and material furnished in the prosecution thereof-, or (2) pays to the Owner the
<br />difference, not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount
<br />for which the Owner may in good faith contract with another party to perform the work covered by said bid, then this
<br />obligation shall be null and void, otherwise to remain in full force and effect, The Surety hereby waives any notice of
<br />an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of
<br />notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for
<br />acceptance, of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for
<br />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
<br />be 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 the location of the Project,
<br />any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefirom and
<br />provisions conforming to such statutory oucither legal requirement shall be deemed incorporated herein, When so
<br />furnished, the intent is that this Bond shall be construed as a statutory bond and not as a common law bond,
<br />and,spated this 5th day of April, 20181.
<br />(Seat)
<br />I
<br />(Title) Attorney- In -Fact
<br />CAUTION: You should sign an original AIA Contract Document, on which this text appears In RED. Ain original assures that
<br />changes will not be obscured.
<br />AIA Document A3101m - 2010. Copyright 0 1963,1970 and 2010 by The American Institute of Architects. All! rights reserved. WARNING: This Ale
<br />Init. Document Is protected by U.S. Copyright Low and International Treaties. Unauthorized reproduction or distribution of this A10 Document, or
<br />any portion of It, may result In severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the low.
<br />Purchasers are permitted to reproduce ton (10) copies of this document when compteted. To report copyright violations of AIA Contract Documents, e-mail
<br />The American Institute of Architects'legal counsel, copyr1ghI@ai1a,org. 061110
<br />
|