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<br />I <br />II' <br />I <br />. <br />I <br />. <br />I. <br />~. <br />I <br />. <br />'. <br />I <br />. <br />. <br />. <br />. <br />I. <br /> <br />,- <br />. <br />. <br />.. <br />I <br />. <br />. <br />. <br />I. <br />. <br /> <br />,. <br />I. <br />I <br />. <br />. <br /> <br />,- <br />. <br />I <br />'- <br />. <br />. <br />. <br />. <br /> <br />THE AMERICAN INSTITUTE OF ARCHITECTS <br /> <br /> <br />AlA Document A310 <br /> <br />Bid Bond <br /> <br />KNOW ALL MEN BY THESE PRESENTS, that we Pavarini South East Construction <br />Company, Inc., 2400 East Commercial Boulevard, Suite 900, Fort Lauderdale, Florida 33308 <br />(Here insert full name and address or legallitle of Contractor) <br />as Principal, hereinafter called the Principal, and Travelers Casualty and Surety Company of <br />America, One Tower Square, Hartford, Connecticut 06183 <br /> <br />(Here insert full name and address or legal tiUe of Surety) <br /> <br />a corporation duly organized under the laws of the State of Connecticut as Surety, hereinafter called <br />the Surety, are held and firmly bound unto City of Sunny Isles Beach, Sunny Isles Beach <br />Government Center, 18070 Collins Avenue, City Clerk, Sunny Isles Beach, Florida 33160 <br />(Here insert full name and address or legaltiUe of Owner) <br /> <br />as Obligee, hereinafter called the Obligee, in the sum of Five Percent of the Amount Bid <br />Dollars (5% of Amount), <br />for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind <br />ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by <br />these presents. <br /> <br />WHEREAS, the Principal has submitted a bid for <br /> <br />Heritage Park and Parking Garage AlE 60040764 <br /> <br />(Here insert full name, address and description of project) <br /> <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract <br />with the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding <br />or Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt <br />payment of labor and material furnished 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 penalty <br />hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith cortr, ~t <br />with another party to perform the Work covered by said bid, then this obligation shall be null and void, otherwise to ~ <br />in full force and effect. <br /> <br />Signed and sealed this 19th <br /> <br /> <br />William J. Mullen <br /> <br />I <br /> <br /> <br />day of <br /> <br />Pavarini <br />Inc. ./ <br /> <br />f?c.e s 10 Ii H 1 <br /> <br />(Title) <br /> <br />Travelers Casualty and Surety <br />America <br />I is"~/YJ <br /> <br />4~' ~~<{;.Y-M." <br /> <br />Natalie Reingold, Attorney-In-Fact <br /> <br />(Seal) <br /> <br />AlA DOCUMENT A310' BID BOND. AIA@' FEBRUARY 1970 ED. THE AMERICAN <br />INSTITUTE OF ARCHITECTS, 1735 N,Y, AVE" N,W" WASHINGTON, 0, C, 20006 <br /> <br />9/93 <br />