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• BID BOND <br /> . KNOW ALL MEN BY THESE PRESENTS , that we Mia S t a t e M p r- h a n i r• a 1 o f <br /> Vern B P a-a=h-r-Ina as <br /> (BIDDER' S NAME) <br /> Principal, and Fidelity & Deposit Company of Maryland <br /> (SURETY ' S NAME) <br /> a corporation duly organized under the Laws of the State of Florida as a Surety with its principal <br /> offices in the City of Davey , FT , and authorized to do business in the State of Florida, are <br /> held and firmly bound unto INDIAN RIVER COUNTY (hereinafter called the OWNER) in the penal <br /> sum of 5 / Dollars ($ 5 % ) , <br /> lawful money of the United States , amounting to 5 % of the total bid price, for the payment of which <br /> sum well and truly be made, we bind ourselves, our heirs , executors, administrators, and successors , <br /> jointly and severally, firmly by these presents . <br /> Whereas said Principal is herewith submitting a Bid dated 1 October , 20. 0.3 , <br /> for the construction of: <br /> Project Name : Tnai an River County Admin . Bldg , <br /> Bid Number : h n 2 5 <br /> • Project Address : 1840 25th . S i- r P P t <br /> Vere Beaeft , —tele�da <br /> Project Description: Chiller Replacement <br /> NOW THEREFORE, the condition of the above obligation is such that if the Principal does not <br /> withdraw said Bid within the period of time set forth in the Bid Documents, and on or before the <br /> fifteenth day after the Notice of Award, the Principle enters into a written contract with the OWNER <br /> in accordance with the Bid as accepted, and if the Principal gives the required bonds with good and <br /> sufficient sureties for the faithful performance and proper fulfillment of such Contract and for the <br /> protection of laborers and materialmen, then this obligation shall be null and void . Otherwise, the <br /> Principal and Surety, jointly and severally, shall on or before the sixtieth day after request by the <br /> OWNER, pay to the OWNER in money, the difference between the amount specified in said Bid and <br /> the amount for which the OWNER may procure the required work if the latter amount is greater than <br /> the former, together with any expense and reasonable attorney fees, including appellate proceedings , <br /> incurred by the OWNER if suit is brought hereon, but in no event shall Surety' s liability exceed the <br /> penal sum hereof plus such expenses and attorney ' s fees . <br /> • <br /> Page 23 of 48 <br />