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THE AMERICAN INSTITUTE OF ARCHITECTS iv AIA Document A310 Bid Bond KNOW ALL MEN BY THESE PRESENTS, that we PRP Construction Group, LLC (Here insert full name and address or legal title of Contractor) 8300 SW Springhaven Ave., Indiantown, FL 34956 as Principal, hereinafter called the Principal, and (Here insert full name and address or legal We of Surety) Travelers Casualty and Surety Company of America One Tower Square, Hartford, CT 06183 a corporation duly organized under the laws of the State of Connecticut as Surety, hereinafter called the Surety, are held and firmly bound unto Indian River County BOCC 1801 27th Street, Vero Street, FL 32960 as Obligee, hereinafter called the Obligee, in the sum of ---- ------ Five Percent of Amount Bid --------------------------------------------------------------------- Dollars ($ _5%— ) 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 (Here insert full name, address and description of project) 43rd AVENUE SIDEWALK FROM AIRPORT DRIVE WEST TO 41st STREET and Bid No. 2020016. Vero Beach, FL 32960 (Indian River County) 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 bond 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 22nd 6jyl-,A- (Witness) Courtney R. son OVitness) day of January, 2020 PRP Construction Group, LLC (Principal) (S(.l) Travelers Casualty and Surety Company of America (Sur .) / (Seal) Jor e L. Bracamonte (Title) Attorney -In -'Fact & Florida Licensed Resident Agent Inquiries: (321) 800-6594 AIA DOCUMENT A310 . BID BOND. AIA 0. FEBRUARY 1970 ED. THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D.C. 20006 1