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Bond No. BID <br /> BID BOND <br /> The American Institute of Architects, <br /> AIA Document No. A310 (February, 1970 Edition) <br /> KNOW ALL MEN BY THESE PRESENTS, that we Summit Construction of Vero Beach LLC <br /> 2837 Fright Safety Drive. Vero Beacfi. FL 32960 <br /> as Principal hereinafter called the Principal, and Old Republic Surety Company <br /> a corporation duly organized under the laws of the state of wsconsin as Surety, hereinafter called the Surety, <br /> are held and firmly bound unto . Indian River County Board of County Commissioners <br /> as Obligee, hereinafter called the Obligee, in the sum of Fare percent of Amount Bid <br /> i <br /> Dollars ($ 5% of Bid ), for the payment of which sum well and truly to be made, the said Principal and the <br /> said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, ,jointly and severally, firmly <br /> by these presents. <br /> WHEREAS, the Principal has submitted a bid for Shooting Range Safety Baffle Reniacement and Repairs <br /> Bid # 2013018 <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 <br /> bidding or Contract Documents with good and sufficient surety for the faithful performance of such Contract and for <br /> the prompt payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the <br /> Principal to enter such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference <br /> not to exceed the penalty hereof between the amount specified in said bid and such larger amount for which <br /> the <br /> Obligee may in good faith contract with another party to perform the Work covered by said bid, then this obligation <br /> shall be null and void, otherwise to remain in full force and effect. <br /> Signed and sealed this 4th day of January 2013 <br /> ' Summit Construction of Vero Beach, LLC <br /> Witness Principal (Seal) <br /> By. <br /> Name Fitle <br /> Old Republic Surety Company <br /> Surety n (Seal) <br /> By; <br /> Witness 7arms E. Dickmeyer, ey-in Fact <br /> ORSC 21328 (5/97) <br /> —I <br />