Laserfiche WebLink
v§I <br />g,..1..;_;vA1A Docum�ent A311OTM - 2011 <br />Bid Bond <br />CONTRACTOR: SURETY: <br />(Name, legal status and address) (Name, legal status and principal place <br />HRP Construction Inc. of business) <br />PO Box 266 Fidelity and Deposit Company of Maryland <br />This document has important legal <br />South Bend, IN 46624-0266 Baltimore, MD <br />consequences. Consultation with <br />OWNER: <br />an attorney is encouraged with <br />(Name, legal status and address) <br />respect to its completion or <br />City of South Bend Board of Public Works <br />modification. <br />County -City Building Room 1316, 227 West Jefferson Blvd <br />Any singular reference to <br />South Bend, IN 46601 <br />Contractor, Surety, Owner or <br />BOND AMOUNT: <br />other party shall be considered <br />Five Percent of the Total Bid 5% of Total Bid <br />plural where applicable. <br />PROJECT: <br />(Name, location or address, and Project number, if any) <br />Small Drainage Design and Repair; Project No. 118-063 <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 fumished 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 Conti -actor, 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 30th day of November 2018 <br />... ....... . . .. . ...... <br />. ..... __ (Pri ipal (Seal) <br />ec/Treasurer <br />(Witness�) N Jc y P 9 <br />(Title) Matthew D. Ca n, r FeS, nt <br />Fidelity and Deposi orn any of Maryland <br />(&rety) <br />............... . . . ......... . ........ .... (Seal) <br />(Witness) <br />k4t�i 1, 3, torsy <br />in Fact <br />(Title) Jeri �i.L '�t Ar n w ri, <br />CARITKAH� irou shoRdd sigiirt aiiri� odginiall AIA Cointract Docuirnent, cm Which 48 illext alplpearsk iri 1116 An orlighnal assuires that <br />c.111hainges wfli not be obscuired, Z7 <br />........... ........ . . .... . . . . ..... <br />AIA Document A3101m — 2010. Copyright 0 1963,1970 and 2010 by The American Institute ofArchit"ts. All rights reserved,'WARNING. TNs AIW" <br />Init. DOCUIT11011t !is protected by LL& Colpydglht Law and lintematlionall"Y'reafies, Unauthorized reproduction or dishlbution offfils AJAO� Docuunant, or <br />any pairtoin of it, may resulit firi severe clvll aind C11,rimlinall perialfles, and Will lie prosecuted to the irns)(irimin extent possilblie undeir the [aw. <br />Purchasers are perniffled to reproduce ton (10) Loples of this documentwhon: completed, To report copyrot violations of AIA Contract Documents, e-mall <br />The American Institute of Architects' legal counsel, copydght@aia.org. 061110 <br />