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<br />CONTRACTOR:
<br />Vaine, legal stalus and address)
<br />R YODER CONSTRUCTION, INC.
<br />27453 Cty Rd 150
<br />Nappanee, IN 46550
<br />OWNER:
<br />(Name, legal starts and address)
<br />City of South Bend
<br />227 W Jefferson Blvd
<br />South Bend, IN 466,01
<br />AiA Documient A3101m - 2010
<br />SURETY:
<br />(Name, legal status and principal
<br />place of business)
<br />Granite Re, Inc.
<br />14001 Quailbrook Dr
<br />Oklahoma City, OK 73134
<br />BOND AMOUNT: Five Percent of the Bid Amount (5.00% of Bid Amount)
<br />PROJECT:
<br />(Name, location or acldmss, and Project nwnbei°, ij'anj)
<br />VPA Maintenance Storage Building; Project No, 118.046R
<br />Bid Bond No, GR14269
<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 singWar 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 Contractor
<br />and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as provided
<br />herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor within the time specified in the
<br />bid documents, or within Such time period as may be agreed to by the Owner and Contractor, and the Contractor either (1)
<br />enters into a contract with the Owner in accordance with the terms of such bid, and gives such bond or bonds as may be
<br />specified in the bidding or Contract Documents, with a surety admitted in the jurisdiction of the Project and otherwise
<br />acceptable to the Owner, for the: faithful performance of such Contract and for the prompt payment of labor and material
<br />furnished in the prosecution thereof-, or (2) pays to the Owner the difference, not to exceed the amount of this Bond, between
<br />the amount specified in said bid and such larger amount for which the Owner may in good faith contract with another patty to
<br />perform the work covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and effect.
<br />The Surety hereby waives any notice of an agreement between the Owner and Contractor to extend the time in which the Owner
<br />may accept the bid. Waiver of notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate
<br />beyond the time for acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's
<br />consent for 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 be
<br />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, any
<br />provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and provisions
<br />conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so furnished, the intent
<br />is that this Bond shall be construed as a statutory bond and not as a common law bond.
<br />Si6idd and sealed this
<br />If 3. Hansen
<br />day of4AUU$t, 9018
<br />Attorney -in -Fact
<br />{S-0
<br />AIA Document A3101"— 2010. Copyrf6tht.Q19,, 1970 and 2010 by The American Institute of Architects, All rights reserved. WARNING' This AIAI"
<br />Document is protected by U.S. Copyright Law and Internahonal Treaties. unauthorized reproduction or distribution of 1:1,05 AIA11 Document, or
<br />any portion of it, may result In severe civil and criminal penalties, and will be iamsecuted to the maximum extent possible under the law.
<br />Purchasers are permitted to reproduce en coprees o his document when completed, i o report7copyright violations of ALA contract o0cuments, e-mau
<br />The American Institute of Architects' legal Counsel, cQpyjJg_Lbt@giaa_,o_rg. 061110
<br />
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