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TI-IF. MAIN STREF_T AMERICA GROUP NGM Insrirance Company • Old Dominion Insurance Company Main Sheat Arnorica Assurance Company • MSA Insurance Company Information Systems and Services Corporation Bid Bond KNOW ALL MEN BY THESE PRESENTS , that we ( Here insert full name and address of legal title of Contractor) Electrical Contracting Service Inc 2375 W 77 St, Hialeah , FI 33016 as Principal , hereinafter called the Principal , and ( Here insert full name and address or legal title of Surety) NGM Insurance Company 4601 Touchton Rd . East #3300 Jacksonville , FL 32246 a corporation dilly organized under the laws of the State of Florida as Surety , hereinafter called the Surety , are held and firmly bound unto ( Here insert full name and address or legal title of Owner) Indian River County Purchasing Dept 1800 27 St , Vero Beach , FI 32960 as Obligee , hereinafter called the Obligee , in the sum of 5 % of Bid not to exceed Sixty Thousand Dollars ($60 , 000 . 00 ) , 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 ( Here insert full name , address and description of project) Vero Beach Sports Village Sports Lighting Systems , Bid # 2011025 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 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 furnished in the prosecution thereof, or in the event of the failure cf 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 Olaligee 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 . Signed and sealed this 21 day of January , 2011 C Electrical Contracting Service Inc - --- — - - - - ( Pri cid ( Seal ) -- (Witness ) ( Title ) Charles Floyd , Pres �-- NGM-- Insurance Company (Sur�tY). (Witness ) Charlotte Floyd ' (Title ) Attorney-in -fact dd ;.�. Printed in cooperation with the American Institute of Architects (AIA) by the NGM IrsUrarice- Compet" of 4601 Touchton Rd . Fast #3300 , Jacksonville , FL 32246 904-642-3000 . The language in this document r :onforrns exactly to the language used in AIA Document A310 , Febru ;. ry , 1970 edition . 68 -5302 ( 11 /00 )