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2018-191A
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Last modified
1/4/2021 1:05:56 PM
Creation date
1/4/2021 1:03:42 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
10/16/2018
Control Number
2018-191A
Agenda Item Number
8.I.
Entity Name
IUndian Rivern County
Subject
Victor Hart Sr. Drainage Improvements
Project Number
IRC-1760
Bid Number
20190005
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Bid Bond <br />KNOW ALL MEN BY THESE PRESENTS, that we Guettler Brothers Construction, LLC <br />4401 Whitew' ay Dairy Rd., Suite C <br />Ft. Pierce, FL 34947 <br />as Principal, hereinafter called the Principal, and <br />Hartford Fire Insurance Company <br />200 Colonial Center Parkway, Suite 200 <br />Lake Mary, FL 32746 <br />a corporation duly organized under the laws of the State of Connecticut <br />as Surety, hereinafter called the Surety, are held and firmly bound unto <br />Indian River County - Division of Purchasing <br />1800 27th Street, Vero Beach, FL 32960 <br />as Obligee, hereinafter call the Obligee, in the sum of Five Percent of Bid Amount (5%) <br />for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind <br />ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these <br />presents. <br />WHEREAS, the said Principal has submitted a bid for <br />Victor Hart Sr. Complex Drainage Improvement <br />ITB -2019005-1-2019/DL, <br />NOW, THEREFORE, if the Obligee shall accept the bid of the principal and the Principal shall enter into a <br />Contract with the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be <br />specified in the bidding or Contract Documents with good and sufficient surety for the faithful performance <br />of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof, or <br />in the event of the failure of the Principal to enter such Contract and give such bond or bonds, if the Principal <br />shall pay to the Obligee the difference not to exceed the penalty hereof between the amount specified in said <br />bid and such larger amount for which the Obligee may in good faith contract with another party to perform <br />the Work covered by said bid, then this obligation shall be null and void, otherwise to remain in full -force and <br />effect. <br />Signed and sealed September 19, 2018. <br />Witnesses: Guettler Brothers Construction, LLC <br />(Seal) <br />V k1 �6 t 1'r v` Lq t 6 -1 - <br />f�- <br />Hartford Fire Insurance <br />
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