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t 1A Document A31 0 TM - 2011,
<br />Bid Bond
<br />CONTRACTOR:
<br />(Name, legal status and address)
<br />Herrman & Goetz, Inc
<br />225 S Lafayette Blvd
<br />South Bend, IN 46601
<br />SURETY:
<br />(Name, legal status and principal place
<br />of business)
<br />Continental Casualty Company
<br />161 N Franklin St
<br />Chicago, IL 60606
<br />OWNER:
<br />VOW*! i s t r o d addddress},
<br />i oiasr)de� Of VU'b[PcgfllorrVs ofthe City of South Bend, Indiana (County -City Building Room
<br />R W. Jefferson Blvd.
<br />South Bend, IN 46601
<br />BOND AMOUNT: Five Percent (5%) of Amount Bid
<br />PROJECT:
<br />(Name, location or address, and Project number, if any)
<br />315 & 319 W. Jefferson Exterior Renovations
<br />This document has Important legal
<br />consequences. Consultation with
<br />an attorney is encouraged with
<br />respect to its completion or
<br />modification.
<br />Any singular reference to
<br />Contractor, Surety, Owner or
<br />other party shall be considered
<br />plural where applicable.
<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 13th day of August, 2019
<br />Herrman etz Inc
<br />( a (Seal)
<br />(Witness)
<br />m
<br />(1... e)
<br />Contin al Casua C m an
<br />(Witness) (Surety)
<br />(Seal)
<br />(Title) Alan P. Chandler, Attorney in -Fact
<br />Init. AIA Document A3101" — 241 g. Copyright (01963, 167c and 2^g1 o by The Arnedcan lnstituhr of Architecls. All rtghis reserved, WArtNI1 G. 'this Al "'
<br />Document Is protected by Ms. Copyright Law and International Treados. unauthorized reproduction or distribution of this AIA" Docurneaa,,or
<br />any portiatn of it. May result in sewers civic and criminal panaftietr, and will be prosecuted to the maximum extent possible arnder, the law, ; his
<br />t document was created on 01127MO12 g7`.23.12 udder the terms of AIA Documents-on-Dernanrlrm ordin no. 2009397463 , and is nol for
<br />resale. this document is licensed byp 'ritae Amertan Institute of Architects for onetime use only, and may not be reproduced prior to its ccwmpNatton. tm,,11o.
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