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• Wes.$chester Fire Insurance Company <br />an ACE Company <br />• : • 1 • <br />KNOW ALL MEN BY THESE PRESENTS, that we PENCCO, INC. as Principal, hereinafter call the Principal, and <br />W STCHESTER FIRE INSURANCE COMPANY, 436 WALNUT STREET, PHILADELPHIA, PENNSYLVANI'A, a <br />corporation duly organized under the laws of the State of PENNSYLVANIA as Surety, hereinafter called Surety, are held <br />and firmly bound to CITY OF SOUTH BEND INDIANA <br />As Obligee, hereinafter called the Obligee, in the sum of TEN PERCENT OF THE GREATEST AMOUNT BID <br />110%G.A.B.1 for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind <br />ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. <br />WHEREAS, the Principal has submitted a bid for WATER TREATMENT CHEMICALS 2019-2020 <br />Now, Therefore, If the Obligee shall accept the bid of the Principal within the period specified therein, or, if no period be <br />specified, within sixty (60) days after opening, and <br />A. the Principal shall enter into a contract with the Obligee in accordance with the terms of such bid, and give such <br />bond or bonds as may be specified in the bidding or contract documents with good and sufficient surety for the <br />faithful performance of such contract and for the prompt payment of labor and material furnished in the <br />prosecution thereof, or <br />B. in the event of the failure of the Principal to enter such contract and give such bond or bonds, if the Principal shall <br />pay to the Obligee the penalty hereof, or <br />C. in the event that the Obligee accepts the bid of the Principal and does not require a performance or labor and <br />material payment bond to support said contract, <br />Then this obligation shall be null and void, otherwise to remain in full force and effect. <br />Signed and sealed this 23RD day of APRIL, 2019 <br />PENCCO INC. <br />Prin Irl (Seal) <br />1 AqaJo - hwU"4 <br />6r <br />Witness Signs ame and Title) <br />WESTCHESTER FIRE INSURANCE COMPANY <br />Surety (Seal) <br />µ Witness T RArA BALOLONG, Attorney-In- <br />000 j E <br />