Opening of Bids - Waste Treatment Chemical Wastewater 2025-2026 - JCI Jones

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Document A310T�- — 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: {'4'attte, legal status mtd ad&=,$) JCI Jones Chemicals, Inc. 600 Bethel Avenue Beech Grove, IN 46107 OWNER: Wan& legal stains and addrm) City of South Bend 227 West Jefferson Boulevard South Bend, IN 46601 BOND AMOUNT: $ 10% SURETY: (Xarne, legal statas mid priucipul place r fhrcritw-,w) Federal Insurance Company 202B Hall's Mill Road Whitehouse Station, NJ 08889 Mailing Address for Notices Same as above Ten Percent of Amount Bid PROJECT: 0amre, locatiottorad&, = roid'Pro eettumtber, tjany) Water Treatment Chemicals 2025-2026 This document has important legal consequences. Consultation with an attorney is encouraged with respect to its completion or modification. Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the Contractor and Surety bind themselves. their heirs, executors, administrators, successors and assigns. jointly and severally, as provided herein. The conditions of this Bond arc such that if the Owner accepts the bid of the Contractor atilhin the time specified in the bid documents, or within such time period as may 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 gives such bond or bonds as may be specified in the bidding or Contract Documents, twith a surety admitted in the jurisdiction of the Project 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 the 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 perform the work cuvcrcd by crud bid, then this obiigatum shall be null and void, otherwise to remain in full fine and elkcl. The Surety hereby waives any notice of an agreement between the Owner and Cnttraclor to extend the time in which the Owner may accept the bid. Waiver ortwtim by the Surety shall not apply to any extension exceedingsixty (60) days in the aggregate beyond the lime Gar acceptance orbids specified in the bid documents, and the Owner and Contractor shall obtain the Surel)'s consent fir an extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor. the terns Contractor in this Bond shall be deemed to be Subcontractor and the term Owner shall be deemed to be Contractor. When this Bond has been furnished to ccmrply with a statutory or other legal requirement in the location of the Project, any provision in this Bond ccmllicting with said statutory or legal requirement shall be deemed deleled herefrom and pnrvisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so furnished, the intent is that this Bond shall be cmnstrued as a statutory bond and not as a �;4 rmmon law bond. Signed and scaled this 1' th day of May, 2025 I 1 (i'intess) (u?1nrecq J ellers JCI Jones Chemicals, Inc. (Prindpal) (Seal) By: L yS I� �raMEI(Y�� mile) 0 ( j cc Alto vq g a r Federal InstVance Company�C, (Surely) (.Seal) 'aE � u� v By: d- (17tle) WitArfi T. Krumm Attorney -in -Fact 'oW%"l S-00641As 8110