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AIA Document A310TM - 2010
<br /> Bid Bond
<br /> ' CONTRACTOR: SURETY:
<br /> ('Name, legal status and address) (,Vanfe, legal status and principal place
<br /> A&R Mechanical Services Inc. ofbusiness)
<br /> dba A&R Services, Inc. Travelers Casualty & Surety Co. of America
<br /> 711 East Kettering Park Dr. One Tower Square This document has important legal
<br /> Arra, IL 61801 Hartford, CT 06183 consequences.Consultationwith
<br /> an attorney is encouraged with
<br /> ' (Name, legal status and address) respect to its completion or
<br /> Treasurer, Decarur, IL modification.
<br /> 1 Gary K. Andersonn Plaza Any singular reference to
<br /> Decatur, IL 62523 Contractor,Surety,Owner or
<br /> BOND AMOUNT: other party shall be considered
<br /> 10% of AB (Ten Percent of Amount Bid) plural where applicable.
<br /> PROJECT:
<br /> (Name, location or address,and project number, ifany)
<br /> 2023 STORM DRAINAGE IMPROVEMENT PROJECT
<br /> CITY PROJECT 2023-30
<br /> Various Locations; Decatur, IL
<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 Omer 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 riot 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 Project,
<br /> ' any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and
<br /> provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein.When so
<br /> furnished,the intent is that this Bond shall be construed as a statutory bond and not as a common law bond.
<br /> Signed and sealed this 25th day of October, 2023
<br /> 1 A&R Mechanical Services Inc. dba A&R Services, Inc.
<br /> -- —�-- (Principal) (,Seal)
<br /> (Witness) _
<br /> (Title) —
<br /> Tra Casuals & Surety Co. of America
<br /> I _ { ��) l (Seal)
<br /> (Witness)
<br /> (Title eth A. Stickman; Attor in-Fact
<br /> CAUTION:You should sign an original AiA Contract Document,o hich text appears in RED.An original assures that
<br /> changes will not ix obscured.
<br /> Init AIA Document A31011—2010.Copyright(D 1963,1970 and 2010 by The American Institute of Architects.All rights reserved.WARNING:This AIA"
<br /> i w 1 rbiccttcl by U.S.Copyright Lasa and International Treaties.Unautnotaco reproduction or dlr,tribution o!thisAIA1 Document,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 Contract Documents,e-mail
<br /> The American institute of Architects'legal counsel,copyright@aia.org. 061110
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