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Bid on <br />CONTRACTOR: <br />(Name, legal slatus and address) <br />Niblock Excavating Inc, <br />PO Box 211 <br />Bristol IN <br />OWNER: <br />(Name. legal slaws andad*ays) <br />City of South Bend <br />227 W. Jefferson Blvd'. <br />South Bend IN <br />Document A31OTM - 2010 <br />Conforms with Thee American Institute of Architects AIA Document 310 <br />SURETY: <br />(Name, legalsialas andpHliciValplace aflifuhicxv) <br />Liberty Mutual Insurance Company <br />175 Berkeley Street <br />Boston MA 02116 <br />46507 Mailing Address for Notices <br />Five Percent of Amount Bid <br />This document has Important <br />legal consequences, Consultation <br />with an attorney is encouraged <br />with respect to Its completion or <br />modillcation, <br />Any singular reference to <br />Contractor, Surety, Owner or <br />other party shall be considered <br />plural where applicable. <br />PROJECT: <br />(,Vanta, locallon or address. and Project number, Ifany) <br />Great Lake Capital Spec Building, 5545 Chet Waggoner Court Paving - Project No. 118-058 <br />The Contractor and. Surety are bound to flicOwner in the amount set forth above, for the payment of which llic Contractor and Surety bind <br />thenisoh,os, their licirs, executors, administrators,, successors and assigns. jointly severally, as provided licrein.The conditionsofillis <br />Bond are such that if llic Owner accepts the bid of the Contractor %vilifln, tile time specified in the bid documents, or widiin such time period <br />as may be agreed to by the Owner and Contractor, and the Contractor either (1) entors inlo, a contract with lite Owner in accordance with <br />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 <br />the Jurisdiction of the Project and olbeoviso acceptable to the Qwiior, for the faithful performance of such Contract and for the prompt <br />payment of labor and material Aimislied in (lie prosecution thereat; or (2) pays to the Owner the ditTerence, not to exceed the amount of <br />this Bond, between, the aniount specified in said bid and such larger amount for which Ilic Owner may ill good faith contract with another <br />party to pertlinn the ivorL, covered by raid bid, tilen this ohligutjon shall be 111111 and void, ollicirwiso (4) re lain in 111111 Im"Ce Ulld 011CUL The <br />Surety hereby waives any notice oaf an agreement between the Owner and, Contractor to extend [lie (itne in which the Owirer may accept (lie <br />bid, Nkluivorol'ilotice by the Surety shall nol apply to any extension exceeding sixty (60) days in tile aggregate beyond the litne 0ir <br />ucceplance ol'bids specilied in lilt: bid documents.. and the Owner and Contractor shall obtain the Surety's consent kir all extension beyond <br />sixty (60) days, <br />If this Bond is issued in connection wills a subcontractor's bid to a Contractor, the tortil. Contractor in this Bond shall be docilled to be <br />Subcontractor and the term Owner shall be deemed to be Contractor. <br />When this Bond lias been famished to coniply with a statutory orollier legal requirement in the location ol'(he Project, any provisioo in <br />this flood contlicting %villisaid statutory or legal requirement shall he deemed deleted herWroni and provision,, coil 1110niiing, to such <br />statutory or other legal requirement sliall be deemed' incorporated herein. When so furnished, (lie intent is that lhi% Dond shall be construed <br />as a slatuton, bond and not to; a common law bond, <br />Signed and scaled this 25th day of September, 2018, <br />Niblock Excavating Inc. <br />(Principal) (Seal) <br />13y: zx� 1!�-- <br />(F1,10) Gar 'Ni stack, President <br />y <br />Liberty Mutual Insurance Company <br />(, val) <br />By�� <br />(��)'Jainice Stickles Attorney--F-Fkt <br />S-00541AS 8110 <br />