|
1741k VIR wMiffifilDhi ff., M Wh"Ail K
<br />IJ
<br />: 8:911
<br />CONTRACTOR:
<br />(Name, legal status and address)
<br />R & R Excavating, Inc.
<br />2010 Went Avenue
<br />Mishawaka, IN 46545
<br />OWNER:
<br />(Name, legal status and address)
<br />City of South Bend Board of Public Works
<br />SURETY:
<br />(Name, legal status and principal place
<br />of business)
<br />Merchants Bonding Company (Mutual)
<br />West Des Moines, IA
<br />County -City Building Room 1316, 227 West Jefferson Blvd
<br />South Bend, IN 46601
<br />BOND AMOUNT:
<br />Five Percent of the Total Bid
<br />PROJECT:
<br />(Name, location or address, and Project number, if any)
<br />2019 Demolitions, Phase 2; Project No. 119-079
<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 />5% of Total Bid 1 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 18th day of October 2019
<br />R & R Exeavairrmg, Inc. __.__.
<br />-----
<br />_
<br />(Principal) (Seal)
<br />Wil a Lts on r.... ....
<br />(Title) ° d �� g i 'S Y � )
<br />erc an -- 4 orn t--- ultaal
<br />(Surety),," (Seal)
<br />(Title) renifallcr L. Kasmifi, AtiorncyA Fact
<br />CALIT101111C gmuoiH slhoiiiilld ding m alum ollitghiai NA Aoinham t III"Diou wuw rnwmttlll mmmt
<br />ll.il
<br />wl(1 Cf thistext Ill::peai in I tlllll Illt Auni mugiimalll as uiiuies that
<br />rlwam e wwt noll Ille olbs1i wliiet
<br />_, .. . ............. ................ ..... .......... ....... .....
<br />AIA, Document A 10a — 20M Copyright 1963, 19T0 and 2010 by The American Instllule of Architects. All rights reserved, WAwr9"+�dGgM -rids A1,tR"a
<br />Init. llauou uineumt tls pii otact,ed Illuy vt C. Cop,u,yH911u�t Law aind Ilnilllernatuawrat yreat➢es, ttwuauuflhuw, dzed a elmoi➢autban ar disfrtt�rmution olt thl s ARA " tyoc uirterfl, cm
<br />airy Ilucu°t on all" ut, inay it°es°miAt in seeam°e ciiiwvlIN and cu°tuauiiiu°umull Ip,u11einattiles„ aind wtlllll Illue tuau,m,s cuuted to thrum, unamriiwnu in a,aalm,surst Ilus„ssiitute wu ndew° tllme taw.
<br />p 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, copyright@aia org. 001110
<br />
|