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' SECTION 00430 - Bid Bond
<br /> ' KNOW ALL MEN BY THESE PRESENTS , that we SHELTRA & SON CONSTRUCTION COD ) INC .
<br /> 1491. 1 SW Van " Bu ren Avenue :, I nd i antown , FL 34956 (BIDDER'S NAME)
<br /> as Principal ,
<br /> and GREAT AMERICAN INSURANCE COMPANY
<br /> (SURETY'S NAME)
<br /> a corporation duly organized under the Laws of the State of Florida as a Surety with its principal
<br /> ' cffices in t he City of Cincinnati , Ohio and authorized to da business in the State of
<br /> i
<br /> Florda , are held and firmly bound unto INDIAN RIVER COUNTY (hereinafter called the
<br /> OWNER ) in the penal sum of FIVE PERCENT OF AMOUNT OF THE BID
<br /> Dollars (s. , of BID lawful money of the United States,
<br /> amounting to 5 % of the total bid price , for the payment of which sum well and truly be made , we
<br /> bind ourselves , our heirs , executors , administrators , and successors , jointly and severally, firmly
<br /> by these presents.
<br /> Whereas said Principal is herewith
<br /> submitting a Bid dated AUGUST 27
<br /> for the construction of: , 20 03
<br /> ' Project Name : 264' Street Brid e. Re faceme
<br /> County Project No , : ,,,.0378 p nt
<br /> ' Project Address: The Project Is. Located - : , On: . 26:'.h . : Street ,,` `From 74'h ' Avenue To
<br /> ApproxirnatelY- 800 ' East Of 74�' �Aven'ue
<br /> Project Description : This Project- Includes. The Construct!an� Of A Three-Lane - Bridbe. Precast
<br /> Concrete, Three: . Sided ..Box: Cul;vert) ;, : Approxfrrmately : 80Q ; Lf . Of .2= 3 Lane
<br /> Asphalt. Roadway, ; Storm :. Drainage ' . SySferrim • And° O,t[iei- ' Related hems
<br /> Requi�ed; ,: For . Construction Alsa: �. The :Pr6ject . includes Closing', 26 `�
<br /> ' Street During . The Construction Of : :
<br /> Maintenance Of Traffic Dtaring Constructure Proposed, Bridge And
<br /> NOW TI:IEREFORE , the condition of the above obligation is such that if the Principal does not withdraw
<br /> ' said Bid within the period of time set forth in the Bid Documents, and on or before the Fifteenth day atter
<br /> the Notice of Award, the Principle enters into a written contract with the OWNER in accordance with the
<br /> Bid as accepted, and if the Principal gives the required bonds with good and sufficient sureties for the
<br /> faithful performance and proper fulfillment of such Contract and for the protection of laborers and
<br /> matcnalm = , then this obligation shall be null and void. Otherwise, the principal and Surety, jointly and
<br /> severally, shall on or before the sixtieth day afar request by the OWN=R F a to the OWNER
<br /> the differenec betwccn thty amount specified in said Bid and the amount fol which the 0 an money,
<br /> Procure the required work if the. IaItcr amount is greater than the former, together with LR may
<br /> reasonable attorney ices, including appeIlaCc proceedings, 1; y xpense and
<br /> hereon , but in no event 51a31 Surety ' s liability exceed the penal sum hereof plus
<br /> luus�such expense brought
<br /> ' attorney ' s fees.
<br /> ' IN WITNESS WHEREOF, the above-bound patties have executed this
<br /> seals this instrument under their several
<br /> k6ay of AUGUST , 2003 , the name and corporate scaI of each corporate
<br /> party being hereto affixed and these presents duly signed by its undersigned representative pursuant to
<br /> authority of its governing body.
<br /> :IEnpmeenn iCzp1 ProieclslC97a. l00430 - 1 037&00430 . H !d gond
<br /> Z51h 31rne Bri 4e1°�78-291h �t vel Bride a CONTRAct, 00;,10278-00etoo - 810 Bond .doc Rev, q.W01
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