Opening of Bids - Wayne St and Leighton Plaza Parking Structure Repairs 2019 Project No 119-048 - DC Byers Co Detroit Inc

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Conforms with The American Institute of Architects AIA Document 310 e #If*A CONTRACTOR: SURETY: (Name, legal stolus and address) (Name, legal slalus and 1raUac/pal place ttrh arinaaa) The Guaiantee Company of North America USA Byers D C Daum, Inc If}BA D C Byers Cornp+anyiDwroa, Ivre„ One Towne Square, Suite 1470 5715 Rivard St. Southfield, MI 48076 Detroit, MI 48211 Mailing Address for Notices OWNER: (Name, legal staters mid a(Iress) City of South Bend 227 West Jefferson Blvd South Bend, IN 46601 BOND AMOUNT: 5a'/i Five Percent of Aniount Bid This document has Important legal consequences. Consultation with an attorney Is encouraged wlih respect to Its completion or modification. Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. PROJECT: (Xame, location or address mad l'rgfect number, (%mn} Wayne Street & Leighton Plaza Parking Structures Repairs 2019 - Project No. 119-048 Tile Coalraciorand ,surety arc bonrrd lo the Ownerin The anuoma sot roeall atx)vc, fur tine plylncnt of which The Contractor and Surety bind tgroiraselves, llaair hairs, oxccualors, adminisiraiols, successors and assigns, jointly and severe^illy, as provided hcrcia.''file conditions of this Botrd arc such that it'Ilia Owvncraccepts the bid of tlae Contractor wviflaha Ilic tinic sInciiied ill tine bid docaanrcnis, or within such Ifine f riod as lnay be agreed to by the Oww°ner and Coninictor, grad Iltc t oariraelor eilher(1) clttals ilrio a eotitrract wvith the Owner in accordance with the terms ofstich bid, and gives smh boast or IiNtd's as inrny be specified in the bidding orC"ootrael Vocitnients, With a surety admitted in Ilia jatisclicdoat of the llna¢act and otherwise acceptable to Tile Owvner, for the faithful ficrIbruiance of such C"olnraet and for the Prompt pay+anent of labor and naalenal Nrilished'In lha prosecution thercol', or (2) pays to the Owvarer the difference, not to exceed ilia amount of thus Bond, befwvicen the amount sivcified ill said bid .and srich urger aniount for which the Owner may in good faith contract with another parly to periirmi the wvork covered by said hid, than this obligation shall be null and void, otherwiso to remain in till lorcu and ellccl, Tlic Surety° hcroby wt°aivcs silly notice of un ugrucmcnt Wtvmco the Oww°ater and Gmlruclur to extend the linic in which ilia Owner may accept the hit), Waiver of"arralice by the Surely shall not apply'tir any c"acrrwnm oxeeeding sixty (60) days in ilia: aggregate Beyond the lime tier lreuelrtuuea of Hds :,Fcealied its the hid doctinienls, and the, Owvner and Cunhuclor shall obtain the Surety's consent liar un extension beyond sixty (60) days. If this Bond is issued in connection wvith a subcontractor's bid to n Contractor, the term Contractor in Ibis Bond shall be dccmcd to be Subcontractor and ilia term Owner shall be dccmcd to be Contractor. When this Bond haw been faaroished to coarrply wwith n wtirlunory°ear ollicr legul rcquilenient in the location oflhc I) ojeuk ally provision in this Build eonflieling wvitil said alalulory or Regal rcq uirumcnl shall bo d'cenied dulord herchoni and provisions eonl'unuing to su'ich stahtlory, or oThcr iqui realnirvilluirl shall be ducillo l wogesraToraaTcaN heseirl, When sea lunmshcd, the intent is that this Moat shall ho construed us u slululory hand and nol us u common law bond, Sighed and scaled this 23rd day of July, 2019, Kathy Wolcott S•0054/AS 8/10 D.C. DeXcAl. Inc. DBA D, Inc. r//?� er Davis, General Manager . The fl grantee Com aan of North America US aroarr ftirrrr.q) (Barr!) +- � i Bye: itle)Vaiehe Giuliano Attorney -in -Fact aatnaaw "r"