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THE AMERICAN INSTITUTE OF ARCHITECTS AIA Document A3.10 Bid Bond BOND4 BB03387 KNOW ALL MEN BY THESE PRESENTS, that we Timothy Rose Contracting , Inc . 1360 SW Old Dixie Hwy . , Ste 106 (Here insert rulloarre ,and addressorkpititle ofContractor) 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 State of .Iowa as Surety, hereinafter called the Surety, are held and firmly boundunto Indian River County 1801 27 Street Vero Beach , FL {Here insert full name and address or legaltide orowner) as Obligee, hereinafter called the Obligee, in the sum of Five Percent of Amount Bid-- -Dollars ($ 5 °/,r) , for the paylncut 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. WILL, REAS, the Principal has submitted a bid for Oslo Road Phase III Roadway Improvements Bid No . 2012036 , Project No . 0517 (Here insert full mute, address and description of project) NOW, THEREFORI31 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 may be specified in the bidding or Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt payment of labor and material filrnished 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 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 perforni the Work covered by said bili then finis obligation shall be null and void, otherwise to remain in full force and effect. Signed\and sealed this 2 day of May 2012 Timothy Rose Contracting , Inc . ` (Principal) (Seal) ( Witness) _. __._._.__......_... { itle of Rose Presi -t_ e lop s Surety and Indemnity Company { e (Seal) (Title)Robert Barra Attorney In Fact AIA DOCUNMENT A310 BID BOND AIAO FEBRUARY 1 ,970 ED THE AMERICAN INSTITUTE OF ARC1dCCGC`rS, 1735 N.Y . AVE., N .W. WASHINGTON, D.C. 20006 1 WjXRNING: Unlicensed photocopying violates U.S . copyright laws and is subject to legal prosecution. ,m