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T& MERICAN INSTITUTE OF ARCHIT"S AIA Document A310 BID BOND KNOW ALL MEN BY THESE PRESENTS , that we MidState Mechanical of Vero Beach, Inc. as Principal , hereinafter called the Principal , and The Fidelity and Deposit Company of Maryland a corporation duly organized under the laws of the State of Maryland as Surety , hereinafter called the Surety , are held and firmly bound unto Indian River County, Florida as Obligee , hereinafter called the Obligee , in the sum of FIVE PERCENT (55,o) OF PROPOSED BID-Dollars ( $ --- 5 % -- ) , for the payment of which sum well and truly to be made , the said Principal and the 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 IRC Administration Building Chiller Change Out 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 September, 2003 ,. MidState Mechanical of Vero Beach Inc (Seal) w (Witness ) (Title ) The Fidelit a d e osit Company of Maryland (Seal) l itness ) Agent an At orney in fact, Arthur K .Broder Printed in cooperation with the American Institute of Architects (AIA) by CANF & D . CANF& D vouches that the language in this document conforms exactly to the language used in AIA Document A310 Bid Bond - AIA, February 1970 ED - THE AMERICAN INSTITUTE OF ARCHITECTS , 1735 NEW YORK AVE . , N .W . , WASHINGTON , D . C . 20006 .