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Document A310 TM - 2010. Conforms with The American Institute of Architects AiA Document 310 Bid Bond CONTRACTOR: SURETY: {,'4twe, legal status and address) (Xnne, legal status and principal place r fbavine ss) Mancil's Tractor Service, Inc. North American Specialty Insurance Company This document has important 8530 SW Jayme Way 5200 Metcalf OPN111 legal consequences. Consultation Palm City, FL 34990 Overland Park, KS 66202 -1391 with an attorney is encouraged Y with respect to its completion or modification. OWNER: (,'Farre, legal status and address) Indian River County 1801 27th Street Vero Beach, FL 32960 BOND AMOUNT: $ 5% Five Percent of Amount Bid PROJECT: !,'Fane, location or address, andl'rojectnumber, ifarttj (CR510) 85th Street Right Turn Lane Extension Any singular reference to Contractor, Surety, Owner or other party shall be considered , plural where applicable. 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 provided herein. The conditions of this Bond are such that if the Owner accepts tate bid of the Contractor within the time specified in the bid documents, or within such time period as may be agreed to by the 0%,nicr 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 may be specified in the bidding or Contract Documents, with a surety admitted in the jurisdiction of the 1'rgiect and otherwise acceptable to the. Owner, for the faithful performance of such Contract and for the prompt payment of labor and material furnished 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 amount for which the Owner 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 fierce and ellect. The Surety hereby waives any notice of an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time fuer acceptance of bids specified in the bid documents,. and the Owner and Contractor shall obtain the Surety's consent fuer all extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the temn 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 Burnished to comply with u statutory or other legal requirement in the location of the Project, any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and provisions conlirnning to such statutory or other legal requirement shall be deemed incorporated herein. When so fumislrcd, the intent is that this Mond shall b` %L'i + 6;yS $ I, as a statutory, bond and not as a common law bond. .P,CTOR Signed and scaled this 11th day of April, 2018 �,5 L: ORPOgq . •. Mancil's Tractor Service„1916. G .y.� TF rn -- (Prind al) (Witness) B 7994 (Tithe) / '.,FLOR� D - , n d' r But te "054/AS 8110 North American Specialty Insurance Company (Srnct}�) (Seal) (Tftle)Kevin Wojtowicz Attorney -in -Fact