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Bid Bond <br />SURETX DEPARTMENT <br />Conforms with the American Institute of <br />Architects, A.I.A Documents No. A-310 <br />KNOW ALL MEN BY THESB PRESENTS, <br />That we, R. K. Halt Construction Ltd. as Principal <br />hereinafter called the Principat, and Travelers Casualtv and Surety,Companv of America a corporation created and <br />existin- under the laws of the State of Connecticut whose principal office is in Hartford as Surety, <br />hereinafter called the Surety, are heid and firmly bound unto Citv of Paris as Obiigee, hereinafter <br />called the Obligee, <br />in the sum of Pive Percent af the Greatest Amount Bid <br />Dollars ($5°/a 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, ftrntly by these presents <br />VVhereas, the Principal has submitted a bid for Reconstruction of 3,229 !f of S. Collegiate Drive <br />NOW, `I,I-iEREFORE, 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 snch bond or bonds as may be specified in the bidding or contract <br />documents with good and sufficient surety for the faithful performanee of such coniract and for the prompt payment of labor and <br />material furnished in the prasecution thereof, or in the event of the faiIure of the Principal to enter such contract and give such <br />bond or bonds, if the Principal shafl pay to the Obligee the differenca 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 perfarm the <br />work coverzd by said bid, then this obligation shall be null and void, otherwise to remain in full force and effect <br />Signed and sealed this 2nd day of Jiine, 2010 <br />R. K. Aall Construction. Ltd. <br />(Principal <br />By <br />Travefers Casu It and Suret Com an of America <br />Surety) <br />c <br />gy (SEAL) <br />chard . aiker Attorney-in-fact <br />