Loading...
HomeMy WebLinkAboutBid Bond ., THE AMERICAN INSTITUTE OF ARCHITECTS . AlA Document A31 0 Bid Bond BOND # 052207TEAM 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, OR 45202 a corporation duly organized under the laws of the State ofOmO as Surety, hereinafter called the Surety, are held and firmly bound unto CITY OF JEFFERSONVILLE 500 QUARTERMASTER COURT JEFFERSONVILLE, IN 47130 (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, ftrmly by these presents. WHEREAS, the Principal has submitted a bid for r~rNEX AREA 6 SANITARY SEWERS (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 may be specifted 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 specifted 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 22nd day of May, 2007. ~ (Title) ~~ COMPANY (Seal) rll AlA DOCUMENT A310 BID BOND AlA @ FEBRUARY 1970 ED THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 N. Y. AVE., NW. WASHINGTON, D.C. 20006 WARNING: Unlicensed photocopying violates U.S. copyright laws and is subject to legal prosecution. 1 {'\ (4-04) "",-- f"'._ \, ,.. )i \ ,/! 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.O 18129 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the GREAT AMERICAN INSURANCE COMPANY, a corporation organized and existing 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 Limit of Power all William A Kantlehner, 111 Jeffrey ABrown Louisville, Kentucky $75,000,000. Thomas J. Mitchell 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: r,. .. On this 26th day of May,2005 , before me personally appeared DAVID C. KITCHIN, to me known, being ....~uly 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 Insurance 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 I, 1993. RESOLVED: That the Division President, the several Division Vice Presidents and Assistant Vice Presidents, or anyone (!f them, be and hereby is authorized, from time to time, to appoint one or more Attorneys-in-Fact to execute on beha~f of the Company, as surety, any and all bonds, undertakings and contracts ()f suretyship, or other written obligations in the nature thereof; to prescribe their respective duties and the respective limits of their authority; and to revoke any such appointment at any time. RESOLVED FURTHER: That the Company seal and the signature (!f any ()f the aforesaid (!fficers and any Secretary or Assistant Secretary of the Company may be affixed by facsimile to any power (!f attorney or certificate of either given for the execution (!f any bond, undertaking, contract or suretyship, or other written obligation in the nature there(!f, 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 force and effect as though manually Cfffixed. CERTIFICATION I, RONALD C. HAYES, Assistant Secretary of Great American Insurance Company, do hereby certify that the foregoing Power of Attorney and the Resolutions of the Board of Directors of March L 1993 have not been revoked and are now in full force and effect. Signed and sealed this 22ND day of MAY, 2007 S1029U (4-04)