Laserfiche WebLink
Init. <br />*_ AIA Document A31 OTM -2010 <br />CONTRACTOR: SURETY: <br />(Name, legal status and address) (Name, legal status and principal place <br />of business) <br />HRP Construction Inc. <br />P.O. Box 266 Fidelity and Deposit Company of Maryland <br />This document has important legal <br />South Bend, IN 46624-0266 Baltimore, MD <br />consequences. Consultation with, <br />OWNER: <br />an attorney is encouraged with <br />(Name, legal status and address) <br />respect to its completion or <br />City of South Bend Board of Public Works <br />modification. <br />County -City Building Room 1316, 227 West Jefferson Blvd <br />Any singular reference to <br />South Bend, IN 46601 <br />Contractor, Surety, Owner or <br />BOND AMOUNT: <br />other party shall be considered <br />Five Percent of the Total Bid 5% of Total Bid <br />plural) where applicable. <br />PROJECT, <br />(Name, location or address, and Project number, if any) <br />Two -Way Conversion of Colfax Avenue <br />The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment ofwhich 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 the jurisdiction 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 herefrom and <br />provisions conforming to such statutory or other 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 />Signed and seated this 17th day of April 2018 <br />an:06go. I'll <br />6,,p a Al) LIM (Seal)' <br />(Witness) Nancy KnOpik, Sec/Treasurer <br />%thhe Q,,c Qa�e re 5 n <br />ide ty and 'posi 6mpany oMrtland <br />(Surety) 24 (Seal) <br />);, <br />(Witness) <br />(Ty110' Jennifr i!. Kianira, Attorney in Fact <br />which Ws toot appears in IRED. An originat assures that <br />chanapvs MH not The obscured. <br />AJA Document A31 OW-2010, Copyright Q 1963,1970 and 2010 by The American Institute of Architects. All rights reserved. WAMM'No AIA" <br />Do'opyright Lamrand internaUonM,rreaues, Urmuthodzed reproduction or dhtribuNon of MOB AM" Document, or <br />Document is protected by U.& <br />any pairHorw of H, may result In savem cNfl and cidmirkal penaffles, and wilt The prosecuted to the maxfirnuiin extent jwssUe under HWG iaw" <br />Purchasers are perrmtted to reproduce ten (10) copies of this document when completed. To report copyright violations of AIA Contract Documents, e-mail <br />The American Institute of Architects' legal counsel, copydght@aia.org, 061110 <br />