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THE AMERICAN INSTITUTE OF ARCHITECTS <br />AIA Document A310 <br />Bid Bond <br />KNOW ALL MEN BY THESE PRESENTS, thatwe SHELTRA & SON CONSTRUCTION CO.,INC. <br />(Here insert full name and address or legal title of Contractor) <br />INDIANTOWN, FLORIDA <br />as Principal, hereinafter called the Principal, and <br />CINCINNATI, OHIO <br />GREAT <br />AMERICAN <br />INSURANCE <br />COMPANY <br />(Here <br />insert <br />full <br />name and address or legal title of Surety) <br />a corporation duly organized under the laws of the State of OHIO <br />as Surety, hereinafter called the Surety, are held and firmly bound unto INDIAN RIVER COUNTY BOARD <br />(Here insert full name and address or legal title of Owner) <br />OF COUNTY COMMISSIONERS, 1800 27TH STREET, VERO BEACH, FLORIDA 32960 <br />as Obligee, hereinafter called the Obligee, in the sum of FIVE PER CENT OF THE BID AMOUNT <br />Dollars ($ 5% OF BID ), <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 />WHEREAS, the Principal has submitted a bid for <br />(Here insert full name, address and description of project) <br />5TH STREET SW AND 43RD AVENUE BRIDGE REPLACEMENT AND INTERSECTION <br />IMPROVEMENTS, BID NO. 2008075 <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 the 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 8TH <br />(Witness) <br />day of <br />SHEL <br />OCTOBER <br />rnNCTDHrTTnN rn <br />XX 2008. <br />INC. <br />FRANCIS T. O' REARDON (Title) ATTORNEY-IN-FACT <br />RESIDENT FLORIDA AGENT <br />AIA DOCUMENT A310 • BID BOND • AIA ® • FEBRUARY 1970 ED • THE AMERICAN <br />INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D. C. 20006 7 <br />