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THE AMERICAN INSTITUTE OF ARCHITECTS AM Document A310 Bid Bond BOND # BB02068 KNOW ALL MEN BY THESE PRESENTS, that we Timothy Rose Contracting , Inc . 1360 SW Old Dixie Hwy . , Ste 106 (Rom inunMmmAWsd&assorkwltide pf ,rl Vero Beach , FL 32962 as Principal, hereinafter called the Principal, and Developers Surety and Indemnity Company a corporation duly organized under the laws of the States of ;I owa ;s Surety, hereinafter called the Surety; are held and firmly boundunto Indian River County Board of County Commissioners 1800 27 Street , Vero Beach , FL 32960 (Hminseltw nium Awada *scrievitide oro ) as Obligee, hereinafter called the Obligee, in the sum of Five Percent of Amount Bid -Dollars ($ 50A), for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has submitted a bid for 6 ' concrete sidewalk along the north right of way line of 12 street from 16 Avenue to 11 Place (utero heat 6A risme, ad&m dna deseriptiou ofprojact) NOW, THEREFORE, if the Obligee shall .accept the bid of the Principal and the Principal shall enter into a Contract with the Obligee in accordance with the terms of such bid and give such bond or bonds as maybe specified in thebidding or Contract Documents with good and sufficient surety for the faithful performance of such. Contract and for the prompt payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the Principal to enter such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty.hereofbetween the amount specified in said bid and such larger amount for which the Obligee may in good faith contract with another party to perform the Work covered by said bid then this obligation shall be null and void, otherwise to remain in full forces and affect. Signed and sealed this 8 day of October 2008 Timothy Rosje Contracting , Inc . (Prinei (Seal) (Witness) a) iy Ros rest en ev ere ur y and Indemnity Company e Kl (Seal) (Witness) (Title)Robert Barra Attorney InFact - - - -_. AIA DOCUMENT A3 BOND AIA 0 FEBRUARY 1970 ED THE AMERICAN iNS1111JTF OF ARCHMECTS, 1735 N.Y. AVE., N.W. WASHINGCON, D.0 20006 1 WARNING: Unlicensed photocopying violacs US, copyright taws And is subject to legal prosecution.