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Bid Opening - Crossroads Ambulance Sales & Service - Two (2) More or Less 2016 or Newer Refurbished Medic Units - Medic 4
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Bid Opening - Crossroads Ambulance Sales & Service - Two (2) More or Less 2016 or Newer Refurbished Medic Units - Medic 4
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3/28/2025 3:07:34 PM
Creation date
7/26/2016 3:56:43 PM
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Board of Public Works
Document Type
Projects
Document Date
7/26/2016
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BID BOND Travelers Casualty and Surety Company of America <br />Hartford, CT 06183 <br />KNOWN ALL BY THESE PRESENTS, That we, Crossroads Ambulance Sales&Service LLc , <br />as Principal, and Travelers Casualty and Surety Compauv of America as Surety, are <br />held and firmly bound unto City of South Bend as <br />Obligee, In the sum of ten percent of the total amount of the bid <br />Dollars ( sloi ) for the payment of which we bind ourselves, and our <br />successors and assigns, jointly and severally, as provided herein. <br />WHEREAS, Principal has submitted or is about to submit a bid to the Obligee on a <br />contract for Soec AA - Two (2) More or Less 2016 or Fewer Refurbished Medic Units <br />("Project"). <br />NOW, THEREFORE, the condition of this bond is that if Obligee accepts Principal's bid, <br />and Principal enters into a contract with Obligee in conformance with the terms of the <br />bid and provides such bond or bonds as may be specified in the bidding or contract <br />documents, then this obligation shall be void; otherwise Principal and Surety will pay to <br />Obligee the difference between the amount of Principal's bid and the amount for which <br />Obligee shall in good faith contract with another person or entity to perform the work <br />covered by Principal's bid, but in no event shall Surety's and Principal's liability exceed <br />the penal sum of this bond. Nothwithstanding anything to the contrary contained herein, <br />this bond or subsequent bonds shall not apply to any warranty or maintenance <br />guarantee that extends beyond 12 months from delivery of the vehicle. <br />Signed this 21 day of duly 2016 <br />(Principal) <br />By: Crossroads Ambulance Sales & Service, LLC <br />Travelers Casualty and Surety Company of America <br />By: ���X16 {ox'1 <br />Vicki Sullivan , Attorney -in -Fact <br />
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