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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 GREAT AMERICAN INSURANCE COMPANY <br /> (Here insert full name and address or legal title of Surety) <br /> CINCINNATI , OHIO <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 <br /> 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 <br />bidding <br /> or Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the <br /> prompt <br /> payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the Principal <br /> 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 <br /> 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 <br /> remain <br /> in full force and effect. <br /> Signed and sealed this 8TH day of OCTOBER XX 2008 . <br /> SHELTRA & SON CONSTRUCTION CO . , INC . <br /> Princip n (Seal) <br /> (Witness) / <br /> (Title) <br /> GREAT AMERICAN INSURANCE COMPANY <br /> (Surety) (Seal) <br /> (Witness) <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 />