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Bid Bond CONTRACTOR: (Name, legal status aiid addm,t ) Document A310 TM - 2010 Conforms with The American Institute of Architects AIA Document 310 SURETY: (,'4`imie, legals/a/us and principal place r f winesv) Atlantic Roofing 11 of Vero Beach, Inca Philadelphia Indemnity Insurance Company This document has important 4020 43RD Avenue One Bala Plaza, Suite 100 legal consequences. consultation 19004 -1403 Vero. Beach FL 32960 Bala Cynwyd PA with an attorney is encouragedwith respect -to its completion or modil'ication. OWNER: (Nanre, legal status and address) Any singular reference to Indian River Count Board of County Commissioners County tY contractor, Surety, Owner or other party shall be considered 1801 27th Street plural where applicable. Vero Beach FL 32960 BOND AMOUNT: .$ 5% Five Percent of Amount Bid PROJECT: (,Vance, location or address and Project namber, if aut) IRC Jail Complex Roofing Replacement, Recover and Repair Project The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the Contractor and Surety bind themselves, their heirs; executors, administrators, successors and assigns, jointly and severally, as providedlercin. The conditions of this Bond arc such.that if the Owner accepts the bid of ilia Contractor within the time specified in thc.bid documents; or within such time period as mav: be agreed to by the Owner and Contractor, and the Contractor either (1) enters into a contract with. the Owner in accordance with the terms of such bid, and gives such bond or bonds as niny.be specified in the bidding or Contract Documentsi witlra surety admitted in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract and for the prompt payment of labor and material famished in the,prosecution thereof. or (2) pays to the Owner the difference, not to.exceed the amount of this Bond, between the amount specified in said bid.and such larger.aniount for which the Owner may in good faith contract with another part), to perliorm the cwork covered by said bid, then this obligation shall be null and void, otherwise to remain in till force andellect. The Surety hereby waives any notice of un agreement between the 'Owner and C<n tractorto extend thedime in which the Ownermay accept the bid. Waiver of notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the.tinle lir acceptance orbids%Tecilied in the bid document%. and the 0n71er and Contractor shall obtain the Stuety's consent lir an -extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall be deemed to be Subcontractor and the term Owner shall be deemed to be Contractor. When this Bond has been fumished to comply with a statutory or other legal requirement in the location of the project, anyphivision-irr~ •., this Bond conflicting With said statutory. it legal requirement shall be deemed deleted herermin and provisions con}omttttg to strcli,' statutory or other legal requirement shall be deemedincorporated herein. When so furnished, the intent is that this Bond ~hall ba co strue-d us a statutory bond and n t as a common lute bond. - 22n February, 2018 Si and se cd this y of ry, awlAtlantic Roofing II of Vero Beach, Inc. (Principal)o (Sealj Dy, Philadelphia Indemnity Insurance Company le Haynes 11>tk' By. erwe)Brett Rosenhaus Attorney -in -Fac#' .