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0 THE AMERICAN INSTITUTE OF ARCHITECTS KNOW ALL MEN 13Y THESE PRESENTS, that we Timothy Rose Contracting, Inc. 1360 SW Old -Dixie Hwy., Ste 106 (Hem insttrwlsurne.and addrmarlegal title ofCon(ractor) Vero Beach, FL. 32962 as Principal,hereinaf%rcalled. 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 bound unto Indian River County 1.800 27 Street,Vero Beach, FL 32960 {licTc iiucri ful! name .and addivYs or legal title oCOwacr) as Obligee, hereinafter called the Obligee, in the sum of Five Percent of Amount Bid--- -Dollars ($ 5%), for the paymcnt 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. ,} ' HEREAS.thePrincipalhassubmittedabidfor North WTP RAw Water Transimision System North County WTP Bid No. 2010.0:24 (Here insert full name, address and description of project) NL OW, THERPrORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter,irito a Contract with the Obligee in accordance with the terms of such bid and give such bond or bonds as maybe 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 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 hereofbetween 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 there this obligation shall be null and void; otherwise to remain in full force and effect Signed and5t sled this 2 0 day of January 2010 Timothy Rose Contracting, Inc. (Principal) j (Seal) (Witness) e) of y ose President e op s Surety and Indemnity Company to ) (Seal) (Witness) (Title)Robert Barra Attorney In Fact ALS DOCUMENT A310 DID BOND AIA O FEbRIJARY 1970 ED THE AMERICAN i. S"ri-(iJfE OF,,RCHI TECCS, 1735 N.Y. AVE., N.W. WASHINGTON, D.C. 20006 1 WARNING: Unlicensed photocopying violates U -S. copyright laws and is subject to legal prosecution.