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<br />~ . <br /> <br />. .. <br /> <br />THE AMERICAN INSTITUTE OF ARCHITECTS <br /> <br />AlA Document A310 <br />Bid Bond <br /> <br />KNOW ALL MEN BY THESE PRESENTS, THAT WE Williams Paving Co., Inc, <br />11300 Northwest South River Drive Medlev FL <br /> <br />33178 <br /> <br />as Principal, hereinafter called the Principal, and Libertv Mutual Insurance Company <br />175 Berkelev Street Boston MA <br /> <br />02116 <br /> <br />a corporation duly organized under the laws of the State of MA <br /> <br />as Surety, hereinafter called the Surety, are held and firmly bound unto The City of Sunny Isles Beach <br /> <br />18070 Collins Avenue Sunny Isles Beach FL 33160 <br /> <br />as Obligee, hereinafter called the Obligee, in the sum of Five Percent of Amount Bid <br /> <br />Dollars ($ 5% ), <br />for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind ourselves, our heirs, <br />executors, administrators, successors and assigns, jointly and severally, firmly by these presents, <br /> <br />WJ-IEREAS, the Principal has submitted a bid for Professional Construction Services for the Central Island Emergency <br />Outfalls Improvements; RFP No, 10-08-01 <br /> <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with <br />the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or <br />Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt <br />payment of labor and materials 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 <br />penalty hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith <br />contract with another party to perform the Work covered by said bid, then this obligation shall be null and void, otherwise <br />to remain in full force and effect. <br /> <br />Signed and sealed this <br /> <br />24th <br /> <br />day of <br /> <br /> <br />2010 <br /> <br /> <br />(Seal) <br /> <br />B: <br /> <br />(Title) <br /> <br />Liberty Mutuallnsu e C pa <br /> <br />B. a::0.~ <br /> <br />Attorney-in-Fact Charles D, Nielson <br /> <br />(Seal) <br /> <br />(Title) <br /> <br />AlA DOCUMENT A310 . BID BOND. AlA. FEBRUARY 1970 ED. . THE AMERICAN <br />INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D.C. 20006 <br />