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Bid Bond <br /> The American Institute of Architects, <br /> AIA Document No.A310(February, 1970 Edition) <br /> KNOW ALL MEN BY THESE PRESENTS, that we <br /> Building Systems of Illinois, Inc. <br /> as Principal, hereinafter called the Principal, and <br /> Granite Re, Inc. <br /> 14001 Quailbrook Dr, <br /> Oklahoma City, OK 73134 <br /> a corporation duly organized under the laws of the State of Oklahoma as surety, hereinafter called the <br /> Surety are held and firmly bound unto <br /> Decatur Mass Transit <br /> 555 E Wood St <br /> Decatur, IL 62522 <br /> as Obligee, hereinafter called the Obligee, in the sum of <br /> Five Percent of Bid Amount**"*""**'''''"""" *'**""'`*** """"* Dollars ($ 5% of Bid Amount ) <br /> for the payment of which sum well and truly to be made,the said Principal and the said Surety, bind <br /> ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by <br /> these presents. <br /> W H E R E A S, the Principal has submitted a bid for <br /> New Pole Barn <br /> NOW THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract <br /> with the Obligee in accordance with terms of such bid, and give such bond or bonds as may be specified in the bidding <br /> or Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt <br /> payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the Principal to enter <br /> such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty <br /> hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith contract <br /> with another party to perform the Work covered by said bid, then this obligation shall be null and void, otherwise to remain <br /> in full force and effect <br /> Signed and sealed this 29 th day of October 20 12 <br /> Building Systems of Illinois, Inc. <br /> etness (seal) <br /> By: fir'E�fr� <br /> (Titl <br /> 00, <br /> Granite Re, Inc. <br /> Witness Karl effron (seal) <br /> Robert Downey (Title) Attorney in Fact <br /> AIA Document No.A310 <br />