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J . THE AMERICAN INSTITUTE OF ARCHITECTS I A/A Document A310 Bid Bond KNOW ALL MEN BY THESE PRESENTS, Tenex Enterprises, Inc. 850 SW 14th Court, Pompano Beach, FL 33060 as Principal, hereinafter called the Principal, and that we (Here insert full name and address or legal title of Contractor) (Here insert full name and address or legal title of Surety) Western Surety Company P.O. Box 5077, Sioux Falls, SD 57117-5077 a corporation duly organized under the laws of the State of South Dakota as Surety, hereinafter called the Surety, are held and firmly bound unto C't f S I I B h (Here insert full name and address or legal title of Owner) I y 0 unny s es eac 18070 Collins Avenue, Sunny Isles Beach, FL 33160 as Obligee, hereinafter called the Obligee, in the sum of ---- Five Percent of the Amount Bid -------------- --------------------------------------------------------------- Dollars ($ 50/0 ) for the payment of which sum well and truly to be made, the said Principal and the said 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 (Here insert full name, address and description of project) Bid No. 10-07-02; Demolition and Construction ofthe Historic Sunny Isles Beach/Newport Fishing Pier at Pier Park 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 17th day of August 2010 ~-+-~~- - (Seal) ~~J-- (Waness) Inquiries: (407) 834-0022 AlA DOCUMENT A310. BID BOND. AlA Q . FEBRUARY 1970 ED. THE AMERICAN I~STITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W.. WASHINGTON, D.C. 20006