|
OEM a 0
<br />vV=,;PA1A Document A31 OTM -2010
<br />CONTRACTOR. SURETY:
<br />(Name, legal status and address) (Name, legal status and principal place
<br />Precision Wall Systems, Inc. of business)
<br />KAetc bents TIAi. 1'o. t"111al)
<br />hif
<br />3801 South Main Street 5 "IF 11
<br />.y This document has important legal
<br />South Bend, IN 46614 West Des Moines, I.A. consequences. Consultation with
<br />OWNER: an attorney is encouraged with
<br />(Name, legal status and address) respect to its completion, or
<br />City of South Bend Board of Public Works modification.
<br />County -City Building Room 1316, 227 West Jefferson Blvd Any singular reference to
<br />South Bend, IN 46601 Contractor, Surety, Owner or
<br />BOND AMOUNT: other party shall be considered
<br />Five Percent of the Total Bid 5% of Total Bid Plural where applicable.
<br />PROJECT:
<br />(Name, location or address, and Project number, if any)
<br />Lafayette Building Exterior Renovation, South Bend, IN - Project No. 117- 1 OOR
<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 material 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 term 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 Project,
<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 common law bond.
<br />Signed and sealed this 9th day of October 2018
<br />Precision Wall SygennsInq,
<br />(Principal) (Seal)
<br />(Witness)
<br />!:�< ... . ........... ........
<br />-(- f - ii ie�)- - - - —<._1 W, � , - 3
<br />Merchants Bonding Company (Mutual)
<br />(Surety) (Seal)
<br />(W it
<br />nessf
<br />(Titlel,Je'Knifer L. ka'sz"nia torn in Fact
<br />I/ 1XI
<br />CAUTIOW You should Mgn ars original MA Contract Docuawnt, ciin �VKi.h this text appears in IRIE10. An (PriOnal assures that
<br />changes MIN not bore obscured.
<br />AIA Document A310tm - 2010. Copyright@ 1963,1970 and 2010 by The American Institute of Architects. All rights reserved'. WARNING�Thhs Alle
<br />Init. Document �& pratecled by US. Copyflght Law and IntenwtionW 1'reagWS. UlnaUthodzed reprod�mUon ov dWrIbiullon �of this A#0 Document, Or
<br />any P00k)111 or It, invay Vesult Wn severri civff and rhjjWrj&U VcVwMes, and wfli be prosecuted to the maximunt extent posisfl,)W under the law.
<br />Purchasers are permitted to reproduce ten (10) copies of this document when completed. To report copyright violations of AIA Contract Documents, 0-malt
<br />The American Institute of Architects' legal counsel, copyright@aia.org. Mite
<br />I
<br />Lafayette Building Exterior Renovation, South Bend, IN - Project No. 117- 1 OOR
<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 material 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 term 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 Project,
<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 common law bond.
<br />Signed and sealed this 9th day of October 2018
<br />Precision Wall SygennsInq,
<br />(Principal) (Seal)
<br />(Witness)
<br />!:�< ... . ........... ........
<br />-(- f - ii ie�)- - - - —<._1 W, � , - 3
<br />Merchants Bonding Company (Mutual)
<br />(Surety) (Seal)
<br />(W it
<br />nessf
<br />(Titlel,Je'Knifer L. ka'sz"nia torn in Fact
<br />I/ 1XI
<br />CAUTIOW You should Mgn ars original MA Contract Docuawnt, ciin �VKi.h this text appears in IRIE10. An (PriOnal assures that
<br />changes MIN not bore obscured.
<br />AIA Document A310tm - 2010. Copyright@ 1963,1970 and 2010 by The American Institute of Architects. All rights reserved'. WARNING�Thhs Alle
<br />Init. Document �& pratecled by US. Copyflght Law and IntenwtionW 1'reagWS. UlnaUthodzed reprod�mUon ov dWrIbiullon �of this A#0 Document, Or
<br />any P00k)111 or It, invay Vesult Wn severri civff and rhjjWrj&U VcVwMes, and wfli be prosecuted to the maximunt extent posisfl,)W under the law.
<br />Purchasers are permitted to reproduce ten (10) copies of this document when completed. To report copyright violations of AIA Contract Documents, 0-malt
<br />The American Institute of Architects' legal counsel, copyright@aia.org. Mite
<br />I
<br />
|