2022-075A - Laserfiche WebLink

Home Browse Search

THE AMERICAN INSTITUTE OF ARCHITECTS AIA Document A310 Bid Bond KNOW ALL MEN BY THESE PRESENTS, THAT WE PROCTOR CONSTRUCTION COMPANY, LLC 2050 U.S. HIGHWAY #1. SUITE 200, Vero Beach FL 32960 as Principal, hereinafter called the Principal, and Travelers Casualty and Surety Company of America One Tower Square , Hartford. CT 06183 a corporation duly organized under the laws of the State of CT as Surety, hereinafter called the Surety, are held and firmly bound unto INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS 1801 27th ST Building B VERO BEACH FL 32960 as Obligee, hereinafter called the Obligee, in the sum of Five Percent of Amount Bid Dollars ($ 5% ? 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 PROJECT NO. IRC -2009. BID NO. 2022021 NORTH COUNTY LIBRARY EXPANSION, SEBASTIAN, FL. CONSTRUCTION OF 2,800 SQUARE FOOT LIBRARY ADDITION AND TWO SMALL CONFERENCE ROOMS 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 materials 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 8th (Witness) (Witness) day of March PROCTOR ON COMPANY, LLC 2C_-2 (Principal) r� (Seal) <:;-*'-) A_&**� CQ.RSt Oiar1 1 B: ilty and Su (Surety) ha rlto n AIA IXX'UNIENT A310 • BID BOND • AIA • FEB 1 ARY 1970 RD. • THE ADIF.RICAN INSTITUTE OF ARCHITE ('FS, 1735 N.) , .W., WASHINGTON, D.C. 20006 of America (Seal) (True;