Opening of Bids - Vietnam Veterans Memorial Relocation Proj No 117-047A - Slatile Roofing and Sheet Metal Co Inc

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Document A310 TM - 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: (Name, legal stalus and address) Slatile Roofing & Sheet Metal, Inc. 1703 S. Ironwood Drive South Bend, IN 46613 OWNER: (Nacre, legal stalus and addre ss) City Of South Bend 227 W Jefferson Blvd South Bend, iN 46601 BOND AMOUNT: 5% SURETY: (Name, legal status and lnirtcllml place r f hrrslrtess) Merchants Bonding Company (Mutual) RO. Box 14498 Des Moines, IA 50306 - 3498 Mailing Address for Notices Five Percent of Amount Bid PROJECT: (,Vame, loomlon or address. audProlectt umber, lfatitj Project No. 117-047-A Vietnam Veterans Memorial Relocation This document has Irnpottant legal consequences. Consultation w€th an attorney Is encouraged With respect to Its completion or modincation. Any singular reference to Contractor, Surety, Owner or other party shall be considered pluralwhere applicable. The Contractor and Surety are bound to ilia Owner in file amount set forth above, for the payment of which the Contractor and Surety bind themselves, their licirs, oxcculors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of file Contractor within the time specified in the bid documents, or within such fine period as may be agreed to by the Owner and Contractor, and tho Contractor tither (1) enters into a contract %vith the Owner in accordance with the terms of such bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted in the Jurisdiction of the t'ro,icct and otherwise acceptable to the Owner, for the faithful performance of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof; or (2) pays 10 the Owner the dif (crence, not to exceed the amount of this Bond, between the anrount specified in said bid and such larger amount for which the Owner may in good faith contract %with another party to perfbrttt the work covered by said bid, then this obligation shall be null and void, otherwise to remain in full lurce and ell' ct. Tile Surely hereby waives any notice of an agreement bethveen the Owner and Contractor to extend the time in which the Owner may accept the bid. VVaiverol'nntice by the Surety %licit not apply to any extension exceeding sixty (60) days in the aggregate beyond the lime lbr acceptance ol'bids specified in the bid documents, and the Owner and Contmulor shall obtain file Surety's consenl for an 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 lcrm Owner shall be deemed to be Contractor. When this Bond has been luntished to comply with a slatutory or other legal requirement in the location of the Project any pit wision in this Band conflicting with said statutoryor legal requirement %hail be deemed deleted hereltom and prnvi%ians ennio n hig (o such statutory or other legal requirement sliall be deemed incorporated herein. When so tarnished, the intent is that this Bond :,hall be construed as a statutory bond and not as a common law bond. Signed and sea this 22nd day of May, 2018. Slatile Roofing & Sheet Metal, Inc. . tprlrtalp) {lJ7nre s) By �fltle) Merchants Bonding Company (Mutual) Co Lt GLt lSutel3j (.S�rrl) '��+� ;A..,;4' (i tl,teatiy y^ 1833 oti lrlc�)�Tracieouse —.Atl5orney-in- act �'%�•`;.;�.:�'' S-00541AS 8110