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<br />THE AMERICAN INSTITUTE OF ARCHITECTS
<br />
<br />Q
<br />
<br />AIA Document A310
<br />BID BOND
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<br />.
<br />
<br />KNOW ALL MEN BY THESE PRESENTS, thaI we ~d ~~/~/V ~t7~ ~
<br />
<br />as Principal, hereinafter called the Principal, and Harif'ord Fire Insurance Company
<br />
<br />a corporation duly organized under the laws of the State of Connecticut
<br />as Surety, hereinafter called the Surety, are held and firmly bound unto The City of Sunny Isles Beach
<br />
<br />as Obligee, hereinafter called the Obligee, in the sum of Five Percent of Amount Bid Dollars (5%) for the payment of
<br />which sum well and truly to be made, the said Principal and the Surety, bind ourselves, our heirs, executors,
<br />administrators, successors and assigns, jointly and severally, firmly by these presents.
<br />
<br />WHEREAS, the Principal has submitted a bid for
<br />
<br />SR AlA/Collins Avenue Streetscape Improvements;
<br />Project No. 08-10-01
<br />
<br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with the Obligee in
<br />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
<br />1'\ and sufficient surety for the faithful performance of such Contract and for the prompt payment of labor and material furnished in the
<br />.., 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
<br />shall pay to the Obligee the difference not to exceed the penalty hereof between the amount specified in said bid and such larger amount
<br />for which the Obligee may in good faith contract with another party to perform the Work covered by said bid, then this obligation shall
<br />be null and void, otherwise to remain in full force and effect.
<br />
<br />Signed and sealed this
<br />
<br />8th
<br />
<br />day of
<br />
<br />December,
<br />
<br />2008.
<br />
<br />~~
<br />
<br />
<br />-- (Witness)
<br />
<br />
<br />Inc. (3e(l1)
<br />
<br />
<br />(Title)
<br />
<br />
<br />D.~
<br />
<br />Charles D. Nielson, Attorney-in-Fact
<br />and Florida Resident Agent
<br />
<br />o .,,.,,,. =...-.... "',,_ '""~". __ ""I ., """" . "''''' "_,,.... _ . .;, ",,"m,", =,,= _, ",.. _""" '" NA _, "'''
<br />Bid Bond - AlA, February 1970 ED - THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., NW., WASHINGTON, D. C. 20006.
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