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Document A310 TM - 2010 Conforms with The American institute of Architects AIA Document 310 Bid Bond CONTRACTOR: ('Name, legal slattts and addrevs) Atlantic Roofing II of Vero Beach, Inc 4310 45th Street Vero Beach, FL 32967 ) OWNER: (:'Janie, legal statrts and address) SURETY: (Name, legal status and principal place of hrtriness) Philadelphia Indemnity Insurance Company One Bala Plaza, Suite 100 Bala Cynwyd, PA 19004-0950 Indian River County Board of County Commissioners 1801 27th Street Vero Beach, FL 32960 BOND AMOUNT: $ 5% Five Percent of Amount Bid PROJECT: (Nance, location or address and Pr oject munber. if ant} Indian River County Courthouse Roof Replacement, Bid No. 2021036 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 Surct;' arc bound to the Owner in the amount set forth above, for the payment of which the 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 Owner and Contractor, and the Contractor either (I ) enters into a contract with the Owner in accordance with the teens 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 Project 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 diticrcnce, not to exceed the amount of this Bond, between the autount specified in said bid and such larger amount for which the Owner may in good faith contract with another party to perlimn the work: covered by said bid, then this obligation shall be null and void, otherwise to remain in till fierce and ellcel. The Surety hereby waives any notice ol'an agreement between the Owner and Contractor to extend the time in which the Owner may accept the hid. Waiver oI'notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the lime liir acceptance ol'bids specified in the bid documents, and the Ovoier and Contactor shall obtain the Surety's consent liar an extension beyond sixty (60) days. If this Bond is issued in connection with n subcontractor's bid to a Contractor, the term Contractor in this Bond shall be deemed to be Subcontractor and the icon Owner shall be deemed to be Contractor. When this Bond has been furnished to comply with a statutory or other legal requirement in the location of the Project, any provision in this Bund conflicting with said statutory or legal requirement shall be deemed deleted herel'rom and provisions collibrming to such statutory or other legal requirement shall be deemed incorporated herein. When so lirmished, the intent is that this Bond shall be construed as a statutory bond and not as a common law bond. Signed and scaled this 29th day of April, 2021 f/L (II'r'trres•) Rita Laza &s S-0054/AS 8110 Atlantic Roofing II of Vero Beagn Inc. (Principal) (Seal) By: TWO qlr "AlX SlvQ / Philadelphia Indemnity Insurance Company (Surety) (Seal), By: (Title)Brett Rosenhaus Attorney -in -Fact