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N <br />THE AMERICAN INSTITUTE OF ARCHITECTS <br />AIA Document A310 <br />KNOW ALL MEN BY THESE PRESENTS, thatwe West Construction, Inc. <br />as Principal, hereinafter called the Principal, and Arch Insurance Company <br />a corporation duly organized under the laws of the State of Missouri <br />as Surety, hereinafter called the Surety, are held and firmly bound unto <br />City of Sunny Isles Beach <br />as Obligee, hereinafter called the Obligee, in the sum of Five Percent of Amount Bid - - - - -- <br />----------------------------------------------------- Dollars ($ ---- 5 % - - - -- ), <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 />WHEREAS, the Principal has submitted a bid for <br />Design and Construction of Canopy Structures at Heritage Park and <br />Golden Shores Park RFP No. 11 -10 -01 <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 contract <br />with another party to perform the Work covered by said bid, then this obligation shall be null and void, otherwise to remain <br />in full force and effect, <br />day of November <br />2011 <br />West Construction, Inc. <br />(Seal) <br />Martha A. Morgari.1 resid <br />Arch Insurance Com a <br />c (Sure) _ (Seal) <br />(Witness) � �_ <br />D. Michael Stevel�st;e)Attorney —in —Fact <br />AIA DOCUMENT A310 • BID BOND •.AIA m • FEBRUARY 1970 ED • THE AMERICAN <br />INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D. C. 20006 <br />