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HomeMy WebLinkAboutBid BondTHE AMERICAN INSTITUTE OF ARCHITECTS :7 BOND # 062106TEAM AIA Document A310 Bid Bond KNOW ALL MEN BY THESE PRESENTS, that we TEAM CONTRACTING, LLC 14912 RAILROAD STREET MEMPHIS, IN 47143 (Here insert full name ,and address or legal title of Contractor) as Principal, hereinafter called the Principal, and GREAT AMERICAN INSURANCE COMPANY 580 WALNUT STREET, CINCINNATI, OH 45202 a corporation duly organized under the laws of the State of OHIO as Surety, hereinafter called the Surety, are held and firmly bound unto CITY OF JEFFERSONVILLE, BOARD OF PUBLIC WORKS AND SAFETY CITY-COUNTY BUILDING 501 EAST COURT AVENUEJEFFERSONVILLE, IN 47140 (Here insert full name ,and address or legal title of Owner) as Obligee, hereinafter called the Obligee, in the sum of Five Percent (5%) of the Amount of the Bid ($-----------), 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, firmly by these presents. WHEREAS, the Principal has submitted a bid for •JOB N0.0655 PERRIN LANE SIDEWALK INSTALLATION (Here insert full name, address and description of project) 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 terms of such bid and give such bond or bonds as maybe specified in the bidding or Contract Documents with good and sufficient surety for the faithful performance 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, if the 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 perform 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 21st day of June, 2006. (Wifiess) ~M~ (Wifiess) DIANE L. PH LPS TEAM CONTRACTING, LLC (Princi (S 1) ' ~1ste-frt~ . (Title) ~,C~,4~voGc~- GREAT RICAN I E COMPANY (Sure (Seal) (T le) JE A. ATT -IN-FA AIA DOCUMENT A310 BID BOND AIA ® FEBRUARY 1970 ED THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W. WASHINGTON, D.C. 20006 WARNING: Unlicensed photocopying violates U.S. copyright laws and is subject to legal prosecution. • • • GREAT AMERICAN INSURANCE COMPANY® Administrative Office: 580 WALNUT STREET • CINCINNATI, OHIO 45202 • 513-369-5000 • FAX 513-723-2740 •The number of persons authorized by this power of attorney is not more than Eight No. 0 18129 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the GREAT AMERICAN INSURANCE COMPANY, a corporation organized and existino under and by virtue of the laws of the State of Ohio, does hereby nominate, constitute and appoint the person or persons named below its true and lawful attorney- in-fact, for it and in its name, place and stead to execute in behalf of the said Company, as surety, any and all bonds, undertakings and contracts of suretyship, or other written obligations in the nature thereof; provided that the liability of the said Company on any such bond, undertaking or contract of suretyship executed under this authority shall not exceed the limit stated below. Steven M. Garrett Name Deborah A. Yates Address all of Louisville, Kentucky Limit of Power all Unlimited William A. Kantlehner, III Thomas J. Mitchell Jeffrey A.Brown Diane L. Phelps Roger A. Neal Linda Kapfhammer This Power of Attorney revokes all previous powers issued in behalf of the attorney(s)-in-fact named above. IN WITNESS WHEREOF the GREAT AMERICAN INSURANCE COMPANY has caused these presents to be signed and attested by its appropriate officers and its corporate seal hereunto affixed this 26th day of May 2005 Attest GREAT AMERICAN INSURANCE COMPANY STATE OF OHIO, COUNTY OF HAMILTON - ss: onvio C. KiTCHiN Isis-aiz-asozl On this 26th day of May, 2005 ,before me personally appeared DAV ID C. KITCHIN, to me known, being duly sworn, deposes and says that he resides in Cincinnati, Ohio, that he is the Divisional Senior Vice President of the Bond Division of Great American nsurance Company, the Company described in and which executed the above instrument; that he knows the seal of the said Company; that the seal affixed to the said instrument is such corporate seal; that it was so affixed by authority of his office under the By-Laws of said Company, and that he signed his name thereto by like authority. This Power of Attorney is granted by authority of the following resolutions adopted by the Board of Directors of Great American Insurance Company by unanimous written consent dated March 1, 1993. RESOLVED: That the Division President, the several Division Uice Presidents and Assistant Vice Presidents, or any one of them, be and 17ereby is authorized, from time to tune, to appoint one or snore Attorneys-in-Fact to execute on behalf of t/ie Company, as surety, anv and all bonds, undertakings and contracts of suretvship, or other written obligations in the nature tlaeregf,• to prescribe their respective duties and the respective limits of their autlu~rity; arul to revoke any such appointment at any time- RESOLVED FURTHER: That the Company seal and the signature of any of the aforesaid q~cers and any Secretary or Assistant Secretary of the Company may be affixed by,facsimile to any power of attorney or certificate of either given for the execution of any bond, undertaking, contract or suretyship, or other written obligation in the nature thereof, such signature and seal when so used being hereby adopted by the Company as the original signature of such officer and the original seal of the Company, to be valid and binding upon the Company with the same.fi~rce and effect as though manually affteed CERTIFICATION I, RONALD C. HAYES, Assistant Secretary of Great American Insurance Company, do hereby certify that the foregoing Power of ACtorney and the Resolutions of the Board of Directors of March 1, 1993 have not been revoked and are now in full force and effect. • Signed and sealed this ,1 day of .7L11~ ~ 2~~ siozsu la-oa> CONTRACT NAME: PERRIN LANE SIDEWALK INSTALLATION ~ NVOICE ESTIMATE FOR PAYMENT NUN ONE JOB NO.: 655 GENERAL CONTRACTOR: Team Contracting, LLC To the best of my knowledge and believe, I certify that all items, units, quantities, and prices of work and material shown on the face of Sheets 1 through _4_ ~ayment are correct, and that all work covered by this Application has been completed and materials supplied in full accordance with the terms and condition onstruction Contract Documents and all authorized changes thereto; that the following is a true and correct statement of the Contract accounting up to and i covered by the Application for Payment and that no part of the "Total Amount Due" has been received. I further certify that all amounts have been paid for lab other items employed in the performance of said Contract for which previous Certificates for Payment were issued and payments received from the Jefferson Safety. A Amount Earned -Original Contract B Amount Earned -Change Orders C Total Less Previous Payments: D Total Paid to Contractor (D+L from Previous Payment) E Retainage (As Allowed by the Contract) - (E+K from Previous Payment) F Liquidated Damages (F+H from Previous Payment) G Amount Due This Estimate Less Current Acfivity: H Liquidated Damages I Mechanics Liens J Claims K Retainage (As Allowed by the Contract) L AMOUNT DUE THE CONTRACTOR Retainage Percentage ~~ By:~ Te oosley CERTIFICATION 10% Title: _ Project Manager Date: July 21 2006 State of: Kentucky County o1 Subscribed and Sworn Before Me this 21st day of July .2006 Notary Public--o~+--~~ ~My Commission Expires: February 2 2008 Carol Oakes Inspector's Approval of Quantities: By: Requested By: Checked By: REQU Date: ~ ZS" Date: /368 PREVIOUS INVOICE AMOUNT INCREASE $ $ 15 965 00 $ - $0 00 $ - $ _ 15 965 00 Retainage Percentage 10%