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MERCHANTS
<br />r
<br />BONDING COMPANY,�
<br />MERCHANTS BONDING COM13ANY (MUTUAL) P.O. Box 14498, DES MOINES, lowA 50306-3498
<br />I'HONL (800) 678-8171 FAX: (515) 243-3854
<br />Bid Bond
<br />CONTRACTOR.,
<br />(Name, legal stalus and address)
<br />Selge Construe6on Co, Inc.
<br />2833 S. I I th Street
<br />Niles, M1 49120
<br />OWNER:
<br />(Name, legal staters and address)
<br />City of South Bend, Indiana, Board of Public Works
<br />County -City Building, Room 1316
<br />227 W. Jefferson Blvd
<br />South Bend, IN 46601
<br />BOND AMOUNT: Five Percent (5%) of Accompanying Bid
<br />PROJECT:
<br />(Naive, location or address, and P)-ojecl nianher, if any)
<br />J,C. Lauber Site Improvements, Project No. 11 8-083B
<br />504 E. LaSalle Ave., South Bend, Indiana
<br />Bond Number:
<br />SURETY:
<br />(Name, legal slatus and principal place
<br />of business)
<br />Merchants Bonding Company (Mutual)
<br />A Cot oraflon
<br />6700 *Cstown Parkway, West Des Moines, ]A 50266
<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 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 inaterial 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 terns 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 PrQject,
<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 coinnion law bond.
<br />Signed and sealed this 20th day of
<br />(fVilness)
<br />September, 2018
<br />Selge Constr=6011 CO, Inc.
<br />(Principal) (Seal)
<br />Robert Kuhns, Project Engineer
<br />MerchautsiBonding Company (Mutual)
<br />(S? I I -e (Seal)
<br />(title /J.Kevin Hughes, Attorney -in-
<br />.ican nstitute of Architects (AIA),. 'I e language; in this
<br />CON 0657 (2/15) Printed in cooperation with Arnei i '
<br />document conforms exactly to the guage used in AIA Document A3 I O-Bid Bond-20 10
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