Laserfiche WebLink
Bid Bond <br />SURETY DEPARTM NT <br />Conforms with the American Institute of <br />Architects, A.I.A Documents No. A-310 <br />KNOW ALL MEN BY THESE PRESENTS, <br />Comnanv Richard orporatian c .. and ex sting under the '1 "g° as Principal hereinafter called the Principal, and W� �ttield Insurance <br />Has Serehereinafter called �" . s in eld <br />whose principal office is in Westfield <br />Center Surety, the Surety, are held and firmly bound unto Citl"""of Paris as Obligee, hereinafter called <br />the Obligee, <br />. <br />in the sum of eve Percent of the Greyest Amount Bid Dollars (5% CAB) for the payment of which sum, well and truly to <br />be made, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly <br />and severally, fmnly by these presents <br />Whereas, the Principal has submitted a bid for RFH; Concrete Demolition, and Construction <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a contract with the <br />Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or contract <br />documents with good and sufficient surety for the faithful performance of such contract and for the prompt payment of labor and <br />material furnished in the prosecution thereof, or in the event of the failure of the Principal to enter such contract and give such <br />bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty hereof between the amount <br />specified in said bid and such larger amount for which the Obligee may in good faith contract with another party to perform the <br />work covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and effect <br />Signed and sealed this19th day of A� 1, 2022 <br />Richard Drake Construction <br />(Principal) <br />By _ (SEAL) <br />^ estflod Ins„uran„ce Come„tang <br />(Surety) <br />By <br />(SEAL) <br />Johnny Moss, Attorney-in-fact <br />