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I THE AMERICAN INSTITUTE OF ARCHITECTS <br /> I <br /> ` az <br /> I <br /> ;, <br /> AIA Document A310 <br /> Bid Bond <br /> I . <br /> KNOW ALL MEN BY THESE PRESENTS, that we Global Synthetics Environmental LLC GSE Geo-Surfaces; <br /> 6326 Highland Road, Baton Rouge, LA 70808 <br /> 1 as Principal, hereinafter called the Principal, and R L I Insurance Company <br /> a corporation duly organized under the laws of the State of Illinois <br /> Ias Surety, hereinafter called the Surety, are held and firmly bound unto City of Sunny Isles Beach, 18070 Collins <br /> Ave., 41h Floor, Sunny Isles Beach, FL 33160 <br /> Ias Obligee, hereinafter called the Obligee, in the sum of Five percent of amount bid <br /> Dollars(S 5% ), <br /> 1 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 /> IWHEREAS, the Principal has submitted a bid for Construction and Installation of Artificial Turf Fields. <br /> NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract <br /> I with the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the <br /> bidding or Contract Documents with good and sufficient surety for the faithful performance of such Contract and for <br /> the prompt payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the <br /> I Principal to enter such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference <br /> not to exceed the penalty hereof between the amount specified in said bid and such larger amount for which the <br /> Obligee may in good faith contract with another party to perform the Work covered by said bid, then this obligation <br /> shall be null and void, otherwise to remain in full force and effect. <br /> ISigned and sealed this 12th day of December , 2012. <br /> I / ' Global hetics • onme al LLC GSE <br /> Geo- rf e <br /> a. <br /> / (Wi l7ss) (Principal) (Seal) <br /> I GE° <br /> (Title) <br /> IR L I Insurance Company <br /> I <br /> (Surety) '(Seal) <br /> (Witness) a,• • <br /> J 12:i <br /> Melton = <br /> (Title) - - <br /> IMichael A. McDaniel, Attorney-in-fact _; <br /> AIA DOCUMENT A310•BID BOND•AMID•FEBRUARY 1970 ED•THE AMERICAN �1 INSTITUTE OF ARCHITECTS,1735 N.Y.AVE.,N W.,WASHINGTON,D .20006 1 <br />