Laserfiche WebLink
Document A310TM — 2010 <br />Conforms with The American Institute of Architects AIA Document 310 <br />Bid Bond <br />CONTRACTOR: <br />(Name, legal status and address) <br />W & J Construction Corporation <br />1038 Harvin Way, Suite 120 <br />Rockledge, FL 32955 <br />OWNER: <br />(Name, legal status and address) <br />Indian River County Board of County Commissioner <br />1801 27th Street <br />Vero Beach, FL 32960 <br />BOND AMOUNT: $ 5% <br />SURETY: <br />(Name, legal status and principal place ojbustness) <br />Fidelity and Deposit Company of Maryland <br />1299 Zurich Way, 5th Floor <br />Schaumburg, IL 60196-1056 <br />Mailing Address for Notices <br />Same as above. <br />Five Percent of Amount Bid <br />PROJECT: <br />(Name, location or address, and Project number, ifany) <br />This document has important <br />legal consequences. Consultation <br />with an attorney is encouraged <br />with respect to its completion or <br />modification. <br />Any singular reference to <br />Contractor, Surety, Owner or <br />other party shall be considered <br />plural where applicable. <br />Indian River County Professional Offices Relocation, Indian River County Project No. IRC -1744, Indian River <br />County Bid No. 2018059 <br />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 <br />themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this <br />Bond are such that if the Owner accepts the bid of the Contractor within the time specified in the bid documents, or within such time period <br />as may be agreed to by the Owner and Contractor, and the Conttactor either (1) enters into a contract with the Owner in accordance with <br />the terns of such bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted in <br />the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract and for the prompt <br />payment of labor and material furnished in the prosecution thereof, or (2) pays to the Owner the difference, not to exceed the amount of <br />this Bond, between the amount specified in said bid and such larger amount for which the Owner may in good faith contract with another <br />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. The <br />Surety hereby waives any notice of an agreement between the Owner and Contractor to extend the time in which the Owner may accept the <br />bid Waiver of notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for <br />acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for an extension beyond <br />sixty (60) days. <br />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 <br />_Subcontractor.and.the.term.Owaer.shall be deemed to be Contractor. <br />When this Bond has been furnished to comply with a statutory or other legal requirement in the location of the Project, any provision in <br />this Bond conflicting with said statutory or legal requirement shall be deemed deleted henefrom and provisions conforming to-sdch <br />statutory or other legal requirement shall be deemed incorporated herein. When so furnished, the intent is that this Bond shall -be construed <br />as a statutory bond and not as a common law bond. ` <br />Signed and sealed this 2nd day of July, 2018 <br />W & J Construction Corporation <br />(Principal) (Seal) <br />rtness) By. <br />(lute) cgZkv-- C -0T-1 CQ' Jl ce TQA!06tDWr <br />Fidelity and Deposit Company of Ma d <br />(Wlbtess Nela Bamola By- <br />Mde)Anett Cardinale Attorney -in -Fact <br />Florida Licensed Resident Agent <br />S-00541AS 8110 Inquiries (813) 281-2095 <br />