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TEM AMERICAN <br />f, <br />MUM OF ARCO 4 <br />ALA Document A310 <br />Bid Bond <br />Bond No.: 70637995 <br />KNOW ALL MEN BY THESE PRESENTS, that we <br />Pelican Pate <br />�..('semVy� <br />li�liiiC.tlQII Company, Inc. <br />6001 N ALA. Suite 8082 <br />Vero Beach, FL 32963 <br />(Hare insert tmt name and address orlegal iflfa of Contractor) <br />as Principal, hereinafter called the Principal, and western surety Company <br />Box 5077 <br />(Hare moved lull name sod address or legal this vi Surety) <br />P.O.ROBa Fails, SD 57117-5077 <br />a corporation duly organized under the laws of the State of SD <br />as Surety, hereinafter called the Surety; are held and fierily bound unto <br />County of Indian River, FL <br />1800 27th Street <br />(Mere insert full ramp artd adw-e:s or !seat We of Owner) <br />Vero Beach, FL 32960 <br />as Obligee, hereinafter tailed Obligee, in the sura of <br />5 ) Percent of amount bid <br />for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind <br />ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by <br />these presents. <br />WHEREAS, the Principal has submitted a bid for Project No.: County Project Number 0381 <br />(Nene insert lull name, eddreu and description ce project) <br />Location: Indian River County , FL <br />Oslo Road Boat Ramp Repairs. <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with the <br />ObJia3> in accordance with the tennis of such bid, and give such bond or bonds as may be specified In the bidding or contract <br />Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt payment of labor and <br />material furnished in the prosecution thereof, or In the event of the failure of the Principal to enter such Contract and give such <br />bond or bonds, if the Principal shalt pay to the Obligee the difference not to exceed the penalty hereof between the amount <br />specified In said .bid and such taroer amount for which the Obligee may in good faith contract with another party to perform the <br />Work covered by said bid, then this obligation shaft be null and void, otherwise to remain in full force and effect. <br />Signed and sealed this <br />lith <br />day of <br />December <br />Pelican Pete Cu . _-. tion Coma Inc. <br />(P44.11117 <br />Mpps1) <br />Surety Company <br />2008 <br />(Seal) <br />(Seat) <br />Ronald Lee Kaihor Crdte)_ _ ATTOR.NEY. ,rN,-FACT <br />AJA DOCUMENT A310 • BID BOND - AiA© • FEBRUARY 1970 ED. • THE AMERICAN <br />1 <br />