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<br />.- <br /> <br />~ <br /> <br />THE AMERICAN INSTITUTE OF ARCHITECTS <br /> <br />AlA Document A310 <br />Bid Bond <br /> <br />KNOW ALL MEN BY THESE PRESENTS, THAT WE Construct Group Corp. <br />12101 NW 98 Avenue, Suite 8, Hialeah Gardens, FL 33018 <br /> <br />as Principal, hereinafter called the Principal, and Hartford Casualty Insurance Company <br /> <br />One Hartford Plaza, Hartford, CT 06155 <br /> <br />a corporation duly organized under the laws of the State of IN <br /> <br />as Surety, hereinafter called the Surety, are held and firmly bound unto City of Sunny Isles <br /> <br />18070 Collins Ave., Sunny Isles Beach, FL 33160 <br /> <br />as Obligee, hereinafter called the Obligee, in the sum of Five Percent of Amount Bid <br /> <br />Dollars ($ 5% ), <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, administrators, successors and assigns, jointly and severally, firmly by these presents. <br /> <br />WHEREAS, the Principal has submitted a bid for Professional Construction Services for Demolition and Construction <br />of Historic Sunny Isles Beach/Newport Fishinq Pier at Pier Park <br /> <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with <br />the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or <br />Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt <br />payment of labor and materials fumished in the prosecution thereof, or in the event of the failure of the Principal to enter <br />such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the <br />penalty hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith <br />contract with another party to perform the Work covered by said bid, then this obligation shall be null and void, otherwise <br />to remain in full force and effect. <br /> <br />Signed and sealed this <br /> <br />17th <br /> <br />day of <br /> <br />August <br /> <br />2010 <br /> <br />(Witness) <br /> <br />Construct Group Corp. <br />I (Prindp'Q <br /> <br /> <br />By: <br /> <br />(Seal) <br /> <br />(Title) <br /> <br />E~ ~m~ <br /> <br />Hartford Casualty Insurance Company <br />I (Su "'Iy) <br /> <br />By ~ <br /> <br />Attorney-in-Fact Brett Rosenhaus <br /> <br />(Seal) <br /> <br />(Title) <br /> <br />AlA DOCUMENT A310 . BID BOND. AlA . FEBRUARY 1970 ED. . THE AMERICAN <br />INSTITUTE OF ARCHITECTS, 1735 N. Y. AVE., N. W., WASHINGTON, D.C. 20006 <br />