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SAIA Document A310TM . 2010 Bid Bond CONTRACTOR: SURETY: (Nance, legal status and address) (Name, legal status and principal place of business) LUCAS MARINE ACQUISITION COMPANY, LLC I I TRAVELERS CASUALTY AND SURETY This document has important legal 3130 SE Slater Street COMPANY OF AMERICA Stuart , FL 34997 One Tower Square consequences. Consultation with OWNER: Hartford, CT 06183 an attorney is encouraged with (Name, legal1 .status and address) respect to its completion or INDIAN RIVER' COUNTY, modification . Any singular reference to Contractor, Surety, Owner or BOND '.AMOUNT: 5% of Amount Bid other party shall be considered Five ' percent of amount bid. plural where applicable . PROJECT: (Name, location or address, . and Project number, if any) bridge Replacement and Roadway Improvements on 82nd Avenue at 4th Street; Project Number, if any : 0208 Bid No. 2011057 The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as providedherein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor within the time specified in the bid documents, or within such time period as may be agreed to by the Owner and Contractor. and the Contractor either ( 1 ) enters into a contract with the Owner in accordance with the terms of such bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted irr the jurisdiction of We Project and otherwise acceptable to the Owner, for the faithful performance of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof, or (2) pays to the Owner the diffcrcncc, not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount for which the Owner 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 force and effect. The Surety hereby waives any notice of an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety 's consent for an extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor' s bid to a Contractor, the term Contractor in this Bond shall be deemed to be Subcontractor and the term Owner shall be deemed to be Contractor. When this Bond has been furnished to comply with a statutory or other legal requirement in the location of the Project, any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so furnished, the intent is that this Bond shall be construed as a statutory bond and not as a common law bond. Signed and scaled this 19 day of September, 2011 LUCAS M ITION C Y, LLC E . Diekman ' (Priv al - President if (Title) , TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA (Surety) _ (Seal) (Witness) a � rr� ` 1(1 l (Title) Jeans . Feeney, Attorney In Fact C ntersigh4ure : Joseph Michael Pietrangelo, License# : A207358 AIA Document A310 "' - 2010 . Copyright 0 1963 , 1970 and 2010 by The American Institute of Architects. All rights reserved.