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AIA Document A31 OTM -2010
<br />CONTRACTOR:
<br />(yVaine, legal status and adclress)
<br />Ziolkowski Construction, Inc.
<br />4050 Ralph Jones Drive,
<br />South Bend, Indiana 46628
<br />OWNER:
<br />(Xame, legal status and address
<br />)
<br />City of South Bend, Board of Public Works
<br />227 West Jefferson Boulevard
<br />South Bend, Indiana 46601
<br />BOND AMOUNT:
<br />SURETY:
<br />(A'anie, legal status and principal place
<br />ofbitsiness)
<br />Liberty Mutual Insurance Company
<br />175 Berkeley Street
<br />Boston, MA 02116
<br />Five Percent of Accompanying IBrod (5% of Accompanying Bid)
<br />PROJECT:
<br />(Alame, location or address, and Project number, ij'ony)
<br />Vietnam Veterans Memorial Relocation
<br />Project INo, 1 17-047-A
<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 aniourit 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 Owneraccepts 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 SLICII
<br />bid, and gives such bond or bonds is 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 />differeence, 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 peirforin die work covered by said bid, then this
<br />obligation shall be D1111 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 Surely 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 flus 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 herefroin 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 suitutory bond and not as a common law bond.
<br />Signed and seated this 22nd day of May, 2018
<br />.2,- , Rs- ji ra <,,L
<br />(I'Vitness) Shannon Reidenbach
<br />(iltitaess) John K./Jollus'on
<br />Zio4kowski Construction, Inc.
<br />(7 , NO Bill Favors, President
<br />Libedy..Mutual Insurance Compar.1v
<br />(V . . . . ...... —) (Seal)
<br />Adrienne C. Stevenson, Attorney -in -Fact
<br />
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