Opening of Bids - Central Fire Station Re-Roofing Proj No. R124-032A - Midland Engineeering

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Document A310 TM - 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: (Name, legal sla/us and address) Midland Engineering Co., Inc. PO Box 1019 South Bend, IN 46624 OWNER: (Name, legal slalrrs and addr ess) SURETY: (Name, legalslalusandprinclpal!lace rfbrrriness) The Cincinnati Insurance Company P.O. Box 145496 This Cincinnati, OH 45250-5496 Mailing Address for Notices same as above City of South Bend Indiana Board of Public Works 227 W Jefferson St., Suite 1300 South Bend, IN 46601 BOND AMOUNT: 5% Five Percent of Amount Bid document has important legal consequences. Consultation with with an attorney Is encouraged respect to Its completion or modification. Any singular reference to Contractor, Surety, Owner or other party shall be considered pluraI where applicable. PROJECT: (Nana, location oraddresx andProjechnunber, lfant} Central Fire Station Reroofing -Project R124-032A-1222 S. Michigan St., South Bend, IN 46601 The Contractor and Surety arc bound to the Otvncr in the amount set forth above, for the payment of which file Contractor and Surety bind themselves, their heirs, executors, administrators, successors and asslglfs, jointly and severally, as provided herein. The conditions of this Bond arc such that if the Owner accepts the bid of the Contractor within the tine specified in the bid documents, or within such time period astray be agreed to by the Owner and Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terms of such bid, and Fives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted in the jurisdiction of the 1'roicct and otherwise acceptable to the Owner, for the faithful performance of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof, or (2) pays to the Owner the difference, not to exceed Cite amount of this Bond, between the amount specified in said bid and such larger amount for which the Owner may in good faith contract with another party to perlbrtn the work cohered by suid bid, then this obligation shall be null and void, otherwise to rentuin in lid) force and effect. The Surety hereby waives any notice of'all agreement between file Owner and Contractor to extend the time in which the Owner may accept the bid. Waiverol'nofiee by (lie Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time Ior acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent litr all extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to It Contractor, the teen Contractor in this Bond shall be dccmcd to be Subcontractor and file term Owner shall be dccmcd to be Contractor. When this Bond has been limtished to comply tuftli u vtututory or other legal requirement in the location ol'lhe Project, any provision in this Bond conflicting with said stuUUory or legal requirement shall be deemed deleted herelrom and provision~ coolomting to such statutory or other legal requirement shall be deemed incorporated herein. When so litmished, the intent is that this Bond ~hull be construed as a statutory bond and not as a cont»iu» law bond. Signed and scaled this 26th day of November, 2024. Midland E Co., Inc. The Cincinnati Insurance Company GSrrrelyj� rTlrle) Tracie House, Attorney -in -Fact (Seal) CORPORATE S E A L S•0054/AS 8/10