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Document A310TM — 2010 Conforms with The American Institute of Architects AIA Document 310 Bid Bond CONTRACTOR: SURETY: (Nu ne, legal sialtrs.and address) (Name, legal status and principal phtce r f business) Timothy Rose Contracting, Inc. 1360 SW Old Dixie Highway Suite 106 Vero Beach, FL 32962 Hartford Fire Insurance Company One Hartford Plaza Hartford, CT 06155-0001 OWNER: (Name, legal status and address) Indian River County Purchasing Division, Room B1-301 1800 27th Street Vero Beach, FL 32960 BOND AMOUNT: $ 5% Five Percent of Amount Bid PROJECT: (Name, location or address, and Project number, lion)) Vero Lake Estates 85th Street Millings From 101st Avenue to 96th Avenue 2019012 This document has important legal consequences. Consultation with an attorney is encouraged with respect to its completion or modification. Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. - Project No. IRC -1628 - Bid No. The Contractor and -Surety arc 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 arc such that if the Owner acceptsthe bid of the Contractor within the time specified in the bid documents, or within such time.period as may be agreed to by the Owner -and Contractor, and the Contractor either (1) enters into a contract with the Ower in accordance with the terms of such bid, and gives such bond or bonds as May be specified in the bidding or Contract Docuimcnts, with a. surety admitted in the, jurisdiction dale Project 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 I3ond, between the amount specified in said bid and such larger amount for which the Owner may in good faith contract with another party to perlbrm the Work covered by said hid, then this obligation shall he null and void, otherwise to remain in full force and effect. The Surety hereby waives any notice oIaii agreement between the Owner and Contractor to extend the time in which the Owner may accept the hid. Waiver .1 notice by the Surety shall not apply to any extension exceeding sixty (60) days in the. aggregate beyond the time for , acceptance of bids speoilied in the bid documents; and the Owner and Contractor shall obtain the Surety's consent for 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 furnished to comply with a statutory or other legal requirement in the location of the Project, any provision in this Bond conflicting with said statutory or legal requirement shall he deemed deleted herelrom and provisions confbmting to such Statutory or other legal requirement shall be deemed. incorporated herein. When so furnished, the intent is that this Bond shall be construed as -a statutory bond and not asa common law bond. Signed and scaled this 15th day of May, 2019 (Witness) (Witness) D nia Banks Timothy Rose Contracting, Inc. (Principal) (Sea!) PreAdt“-- `(!'illi) Hartford ;insurance Company (Surety) jf y /� �: s 15ea!) By: (Til/e)Charl4s J. Nielson Attorney -in -Fact S-0054/AS 8/10