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<br />— 2010 4.1-AIA Document A31OTM
<br />CONTRACTOR: SURETY:
<br />(Nairn, legal status and address) (Name, legal status and principal place
<br />Indiana Earth, Inc. of business)
<br />Swiss Re Corporate Solutions America Insurance Corporation
<br />10343 McKinley Highway 1200 Main Street, Suite 800 This document has important legal
<br />Osceola, IN 46561 Kansas City, MO 64105 consequences. Consultation with
<br />OWNER: an attorney is encouraged with
<br />(Name, legal status and address) respect to its completion or
<br />City of South Bend, Department of Public Works modification.
<br />227 West Jefferson Boulevard
<br />South Bend, IN 46601
<br />BOND AMOUNT: ***FIVE PERCENT OF AMOUNT BID***
<br />PROJECT:
<br />(Name, location or address, and Project number, if any)
<br />2024 Neighborhood Services & Enforcement Demolitions, Project No. 124-051
<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
<br />any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted heom axtd\ \�
<br />provisions c,9aforming to such statutory or other legal requirement shall be deemed incorporated herein. When so -
<br />furnished the intent is th this Bond shall be construed as a statutory bond a d t as a n law bond. ` ; ` • ��
<br />Signe and sealed this 10th day of December 02
<br />India
<br />(Pr eipal) (Seal)
<br />I (Title)
<br />.�' Swiss Re CorpQaft Solutions America Insurance Cor oration
<br />(Surety)
<br />( ttness) " •,
<br />(Title)Thomas O. Chambers, t
<br />AIA Document A310- — 2010. Copyright © 1963, 1970 and 2010 by The American Institute of Architects. All rights reserved. WARNING: Thle AIA®
<br />Document is protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction or distribution of .his AW Doctlmert, or
<br />any portion of it, may result In severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law --
<br />Purchasers are permitted to reproduce ten (10) copies of this document when completed. To report copyright violations of AIA Contact DocumeW,, a-roail
<br />The American Institute of Architects' legal counsel, copyright@aia.org. os,nc
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