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Document A310 TM -2010 Conforms with The American Institute of Architects AiA Document 310 CONTRACTOR: (,'dame, Icgcrl.ckrtrccarrdcrddiex�) Atlantic Roofing II of Vero Beach, Inc 4310 45th Street Vero Beach, FL 32967 SURETY: (; ame, legal stcrtrts card principal place c f hrtvhtcss) Philadelphia Indemnity Insurance Company One Bala Plaza East, Suite 100 Bala Cynwyd, PA 19004-1403 OWNER: (Name, legal staters and address) Indian River County Board of County Commissioners 1800 27th Street Vero Beach, FL 32960 BOND AMOUNT: $ 5% Five Percent of Amount Bid PROJECT: (Nanre, location or address and 1'r vjcct rn(nrher, if aril} Indian River County Main Library Roof Replacement (IRC -1838), Bid No. 2020029 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 patty shall be considered plural where applicable. The Contractor and Surety arc bound to the Owner in the amount set forth above, for the payment of which ilia Contractor and Surety bind themselves, 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 time period as may be agreed to by the Otvncr and Contractor, and the Contractor either (1) enters into a contract %vith the Owner ill accordance with the terms 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 Proicct 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 Bond, between the amount specified in said bid and such larger amount for which the Owner stay in good faith contract with another party to perlimn l}re work covered by said bid, then this obligation shall be null and void, otherwise to remain in lull tierce and effect. The Surety hereby waives ani' notice oil'an agreement between the Owner and Contractor to extend the lime 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 Iter acceptance ol'bids spectlied in the bid documents; and the Owner and Contractor shall obtain the Surety's consent Iter 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 file term Owner shall be docnred to be Contractor, When this Bond has been furnished to comply with u statutory or other legal requirement in the location ofthe Project, any pntvision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herelrom and provisions conlimning to,sudi statutory or other legal requirement shall be deemed incorporated herein, When so litmished, the intent is that this ilond skull be•consfrticd :`` us u slatulory bond and not as a common law bund. Siang and scaled this 20th day of May, 2020 Atlantic Roofing II of Vero Beac nc. ; c - fll•'lnre By: ti r) ' iO4avj'tl l Philadelphia Indemnity Insurance Comp ny (,Surely) ' tit•7nrex.,y eta/azaQnIL—C--Q��i"ever (` ).� \ \ �� • By: .. Mde)Brett Rosenhaus Attorney -in -Fact - S•0054tAS 8110