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<br />CONTRACTOR:
<br />(Name, legal status and address)
<br />Green Demolition Contractors, Inc.
<br />4640 S. St Louis Ave Suite 100
<br />Chicago, IL 60632
<br />OWNER:
<br />(Name, legal status and address)
<br />City of South Bend, Indiana -Board of Public Works
<br />County -City Building Room 1316
<br />227 West Jefferson Blvd
<br />South Bend, IN 46601
<br />cy1 WE
<br />SURETY:
<br />(Name, legal status and principal place
<br />of business)
<br />The Ohio Casualty Insurance Company
<br />175 Berkeley Street
<br />Boston, MA 02116
<br />BOND AMOUNT: 5% not to exceed Seventeen Thousand Dollars
<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 />PROJECT:
<br />(1Vame, location or address, and Project number, ifan))
<br />Demolition - Wreck & Remove - 2019 Demolitions, Phase 2 - Project No. 119-079 - Demolition of 16 homes.
<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 t id not as a common law 9)oiid,
<br />Signet and sealed this ir7 day of
<br />(Witness)
<br />tl 'itness)
<br />(Seal)
<br />Kugh - President
<br />and Indemnity Company
<br />!-Title)David S. Parrilli - Attorney -In —Fact
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<br />aah,,,,ariges, ^mallll m°tot b* ar�ubrdari°ta.aic'atd,
<br />Copyright © 1963, 1970 and 2010 by The American Institute of
<br />'" „_ ... _ww
<br />Init. rights AIA Document A370 2010 C Architects. All n hts reserved. trtf;dt+� hhiat4:a i ra th�latt
<br />Document aat [r�a, t�aaeata a.Pe r& t�ayr 1 t .�a, CaaalBatrriptl �9, l..sa uar ;tart li"tt.a riisat iaur,°al l as ,atia. a�u. 4dir,uat trrt°aria u st i a paira,ark�aa;rrri�r aai rd[. troburaoui of 9l uira ASA op
<br />,any pra Nan ert ir, may ta:aai0f, in seva as civil aancl crhrnY la l Iaroriaalties, ,,mil �A'd1 lx Iar asa cuted to the tnt t dirrrunn extent pa sita6r, under ttta %,aw,
<br />t purchasers are permitted to reproduce ten (10) copies of this document when completed. To report copyright violations of AIA Contract Documents, e-mail
<br />The American Institute of Architects' legal counsel, copydght@aia,org 061110
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