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# THE AMERICAN INSTITUTE OF ARCHITECTS A 1 Document A310 Bid Bond KNOW ALL MEN BY THESE PRESENTS, that we The Roof Authority, Inc. 6771 N Old Dixie Hwy Ft Pierce, FL 34946 as Principal, hereinafter called the Principal, and American Southern Insurance Company, 365 Northridge Road Suite 400 Atlanta, GA 30350 a corporation duly organized under the laws of the State of Kansas as Surety, hereinafter called the Surety, are held and firmly bound unto Indian River County 1800 27th Street Vero Beach, FL 32960 as Obligee, hereinafter called the Obligee, in the sum of FIVE PERCENT OF AMOUNT BID — PENAL SUM NOT TO EXCEED THIRTY FIVE THOUSAND & 00/100 DOLLARS( 5 % Not To Exceed $35,000.00 ) 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 SEBASTIAN CORNERS ROOF REPLACEMENT BID 2018062 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 25th day of JUNE r •� ti (W ness) 7-- (Witn 2018 zip,o (Principal) ?( J L (Seal) i Cl tnq (Title) American Southerfi Insurance Comoarty� (Surety) J Jason S. Centrella, Attorney 1n Fact AIACAUTION: You should sign an originallA document which has this caution printed in red An original assures that changes will notXbred as may occur when documents are reproduced WARNING: Unlicensed photocopyinS. copyright law, and is subject to legal prosecution. AIA DOCUMENT A310 BID BOND AIA FEBRUARY 1970 ED • THE AME CAN IN Fr E OF ARS ITECTS. 1735 N.Y. AVE.. NW., WASHINGTON. D.C. 20006 �'asnnS§. _enter, 'a Florida 1?es. A aeu,. #A300489 F.0 t4ox 600962 904-230-1324