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THE AMERICAN INSTITUTE OF ARCHITECTS <:iv �1+ AIA Document A310 i • Bond KNOW ALL MEN BY THESE PRESENTS, thatwe Cathco, Inc. (Here insert full name and address or legal title of Contractor) 5550 41st Street, Vero Beach, FL 32967 as Principal, hereinafter called the Principal, and (Here insert full name and address or legal title of Surety) FOCI Insurance Company 6300 University Parkway, Sarasota, FL 34240 a corporation duly organized under the laws of the State of FL as Surety, hereinafter called the Surety, are held and firmly bound unto Indian River County Board of Commissioners (Here insert full name and address or legal title of owner) 180127th Street, Vero Beach, FL 32960 as Obligee, hereinafter called the Obligee, in the sum of Five Percent of the Bid Amount Dollars (s 5.00% ) 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 2017060, Go -Line Bus Turn -Off CR 510 (90th Ave.) (Here insert full name, address and description of project) 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 band 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 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. Signed and sealed this 12th (Witness) (Witness) day of July 2017 Cathco. Inc. (Principal) (Seal) FCCI Insurance Company (Surety) (seal) Christine rt n Attorney-tn-Fact Licensed Resident Agent State of FL Inquiries: (407) 834-0022 AIA DOCUMENT A310. BID BOND. AIA A . FEBRUARY 1970 ED. THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D.C. 20006 1