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Conforms with The American Institute of Architects AiA Document 310 Bid Bond CONTRACTOR: SURETY: (1`arae, legal statrti and addi'c ssj Name, legal .!cars curd princilial place c fhjLvil7L.Ca) One Source Restoration & Building Services, Inc. 102 S. Armenia Ave Tampa, FL 33618 OWNER: (Nance, legal status acrd address) Indian River County 1800 27th Street, Building B Vero Beach, FL 32960 BOND AMOUNT: $ 5% Old Republic Surety Company P. O. Box 1635 Milwaukee, WI 53201-1635 Five Percent of Amount Bid PROJECT: (Name. location or address. andl'rojeeturrruher, if ant% BID NO. 2020056 PROJECT NO. IRC -1801A INDIAN RIVER COUNTY COURTHOUSE PARKING GARAGE REHABILITATION 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. The Contractor and Surety are bound to the Owner in the amount set fortis above, for the payment of which the Contractor and Surcty bind thcntsclvcs, 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 the bid of the Contractor within the time specified in the bid documents, or within such tine period as may be agreed to by the Ovoier and Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with 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 the jurisdiction of the Proiect and otherwise acceptable to the Owner, for the faithful performance of such Contract and for the prompt Payment of labor and naterial fumished 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 lull lbrce and ell'ecl. The Surely 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 fior acceptance ol'bids specilied in the bid documents, and the Oivner and Contactor shall obtain the Surety s consent lbr an extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the tern Contractor in this Bond shall be deemed to be Subcontractor and the term Owilcr shall be deemed to be Contractor. When this Bond has been furnished to comply with a statutory or other legal requirement in the location orlhe Project. any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herelrom and provisions conlbn1ling to such statutory or other legal requirement shall be deemed incorporated herein. When so lumished, the intent is that this Bond shall be construed as a statutory bond and not as a common law bond. Sigtrcd and scaled this 3rd da; of September, 2020 (lPitnes) Step ie Wall S-0054/AS 8/10 " One Sourc Rest ra on & Building Services, Inc. (Principal (seal) By: r -- (Title) Old Republic Surety Company s� <. f (TWOKevin Richard Wojtowicz Attorney-in-FaQt