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Bid Bond ' <br />SURETY AEPARTMENT <br />Conforms with the American Institute of <br />Architects, A.I.A Documents No. A-310 <br />KNOW ALL MEN BY THESE PRESENTS, <br />That we, R. K. Halt Construction Ltd, as Principal <br />hereinafter called the Principai, and Travelers Casualtv and Surety Comaanv of America a corporation created and <br />existinb under the laws of the State of Connecticut whose principal office is in Hartford as Surety, <br />hereinafter called the Surety> are held and firmly bound unto Citv of Paris as Obligee, hereinafter <br />called the Obligee, <br />in the sum of Five Percent of the Greatest Amount Bid <br />Dollars ($5% GAB) <br />for the payment of which sum, well and truly to be made, the said Principal and the said Surety, bind ourselves, our heirs, <br />executors, admiristrators, successors and assigns, jointly and severally, firmly by these presents <br />Whereas, tlie Principal has submitted a bid for Reconstruction of 3,229 If of S. Collegiate Drive <br />NO W, TI-lEREFORE, if the Obligee shatl accept the bid of the Principal and the Principal shall enter into a concract 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 contracc <br />documents with good and sufticient surety for the faithful performance of sueh contraet 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 sha(1 pay to the Obligee the difference not to exceed ihe 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 nnll and void, otherwise to remain in full force and effect <br />Sijned and sealed this 2nd day of June, 2010 <br />R. K. Hail Constrvction, Ltd. <br />(Principal <br />BY W - (Sc:.Ai,) <br />Travelers Casa It and Suret Com an of America <br />Surety) <br />t <br />By (SEAL) <br />chard . aiker Attomey-in-fact <br />JLJ~ <br />