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Opening of Bids - 2020 Street & Sewer Materials Proj No. 120-005 - Klink Trucking
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Opening of Bids - 2020 Street & Sewer Materials Proj No. 120-005 - Klink Trucking
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4/9/2025 12:49:32 PM
Creation date
4/16/2020 11:56:40 AM
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Board of Public Works
Document Type
Projects
Document Date
4/14/2020
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U D Fidelity and Deposit Company of Maryland <br />Home Office: P.O. Box 1227, Baltimore, MD 21203-1227 <br />JA44 <br />KNOW ALL MEN BY THESE PRESENTS: <br />That we, Klink Trucking, Inc., PO Box 428, Ashley, IN 46705, as Principal, (hereinafter called the "Principal"), and the <br />FIDELITY AND DEPOSIT COMPANY OF MARYLAND, of Baltimore, Maryland, a corporation duly organized under the <br />laws of the State of Maryland, as Surety, (hereinafter called the "Surety"), are held and firmly bound unto City of South <br />Bend, Indiana as Obligee, (hereinafter called the "Obligee"), in the sum of Ten Percent Dollars ($10%), for the payment of <br />which sum well and truly to be made, the said Principal and the said Surety, bind ourselves, our heirs, executors, <br />administrators, successors and assigns, jointly and severally, firmly by these presents. <br />WHEREAS, the Principal has submitted a bid for Supply Aggregate. <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a contract with <br />the Obligee in accordance with the terms of such bid and give such bond or bonds as may be specified in the bidding or <br />contract documents with good and sufficient surety for the faithful performance of such contract and for the prompt payment <br />of labor and material furnished in the prosecution thereof, or in the event of the failure of the principal to enter into such <br />contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty hereof <br />between the amount specified in said bid and such larger amount for which the Obligee may in good faith contract with <br />another party to perform the work covered by said bid, then this obligation shall be null and void, otherwise to remain in full <br />force and effect. <br />Signed and sealed this 14th day of April A.D. ,2020. <br />' Witness <br />_ 1 1 //_-� <br />C325-150M, <br />Approved by The American Institute of Architects, <br />A. LA. Document No. A-310 February 1970 Edition. <br />Klink Trucking, Inc. <br />SEAL <br />Principal <br />By r=� LL� <br />Wayne Klink, President, Title <br />FIDELITY AND DEPOSIT C MPAi q, OF MA:RY.LA.ND <br />Renada Kelley, Attorn -in-Fact — — <br />
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