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THE AMERICAN INSTITUTE OF ARCHITECTS AIA Document A310 Bid Bond BOND # BB03365 KNOW ALL MEN BY THESE PRESENTS, thatwe Timothy Rose Contracting , Inc . 1360 SW Old Dixie Hwy . , Ste 106 (ttoelnsenfidlmm AMaddre or )cotitieorcontmctor) Vero Beach , FL 32962 asPnncipal, hereinaflercalledthe Principal, and Developers Surety and Indemnity Company a corporation duly organized under the laws of the State of :Iowa as Surety, hereinafter called the Surety, are held and firmly bound unto Indian River County 1801 27 Street , Vero Beach , FL (aero frorrt fnp cone xxi addnxe or teaal tide orowua) as Obligee, hereinafter called the Obligee, in the sum of Five Percent of Amount Bld -Dollars ($ 50%) , 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. NAgUREAS, the Principal has submitted abid for Miscellaneous Drainage Culver Replacements Bid No . 2012037 Project No . 1142 (Hae haat fog ftme, atddres¢ and description of project) NOW, THEREFORE, ifthe 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 may be specified in the bidding or Contract Documents with good and sufficient surety for the faithful performance of such Contua and for the prompt payment of labor and material furnished in the prosecution thereof, or in the event of the faihm 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 hereof between 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 force and effect. Sio ed d sealed this 6 day of Apr i 1 2012 _ Timothy Ro n - racting , Inc . (Principal (Seal) (witness) 1 e y Rose Pr &s er ve o e s Surety and Indemnity Company } (Seal) (Witness) (Title)Robert Barra Attorney In Fact AIA DOCUMENT A310 BIDBORD A1A Ail FEBRUARY 19701U) THE AMERICAN INSTITUTE OF ARCHITtEC'I:S, 1735 N.Y. AVE., N .W. WASHINGTON, D.C. 20006 1 1VARN ING: Unlicensed photocopying violates US. copyright laws and is subject to legal prosecutim.