HomeMy WebLinkAboutUSA Shade & Fabric Structures, Inc.
.
.
I
I
BID BOND
Conforms with The American Institute of
Architects, A.I.A. Document No. A-310
KNOW ALL BY THESE PRESENTS, That we, USA Shade & Fabric Structures, Inc.
P.O. Box 560168, Dallas, Texas 75356
as Principal, hereinafter called the Principal,
and the Continental Casualty Company
of 333 S. Wabash Ave., Chicago, IL 60604
, a corporation duly organized under
the laws of the State of
Illinois
, as Surety, hereinafter called the Surety, arc held and finnly bound unto
City of Sunny Isles Beach, 18070 Collins Avenue, Sunny Isles Beach, FL
as Obligee, hereinafter called the Obligee,
in the sum of *** FIVE PERCENT OF TOTAL AMOUNT BID ***
Do liars ( 5% TAB ) ,for the payment of which sum well and truly to be made, the said Principal and the said
Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, finnly by these presents.
WHEREAS, the Principal has submitted a bid for
Gnlchm ~hnrp-~ Park, ~lInny 1~Ip-s Rp-ach, Flnrida
NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with the Obligee in
accordance with the tenns of such bid, and give such bond or bonds as may be specified in the bidding or Contract Documents with
good and sufficient surety for the faithful perfonnancc of such Contract and for the prompt payment of labor and material furnished in
the prosecution thereof, or in the event of the failure of the Principal to enter such Contract and give such bond or bonds, ifthe Principal
shall pay to the Obligee the difference not to exceed the penalty hereof between the amount specified in said bid and such larger amount
for which the Obligee may in good faith contract with another party to perfonn the Work covered by said bid, then this obligation shall
be null and void, otherwise to remain in full force and effect.
Signed and sealed this
18th
day of
November
2011
Witness
bric Structures, Inc.
.~
(Seal)
Principal
Title
~~~hi
Witness
Continental Casualty Company
{By~d:~
Michael D. Hendrickson Attorney-tn-Fact