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DocuSign Envelope ID:A9CF8A9E-4CDB-4BB9-A678-D4AD80CD1393 <br /> THE AMERICAN INSTITUTE OF ARCHITECTS <br /> AiA Document A310 <br /> Bid Bond <br /> KNOW ALL MEN BY THESE PRESENTS, THAT WE Baker Roofing Company <br /> 517 Mercury Street, Raleigh, NC 27603 <br /> as Principal, hereinafter called the Principal, and Arch Insurance Company _ <br /> ,Harborside 3,210 Hudson Street Suite 300, Jersey City, NJ 07311-1107 <br /> a corporation duly organized under the laws of the State of MO <br /> as Surety,hereinafter called the Surety, are held and firmly bound unto Orange County Asset Management <br /> P.O. Box 8181 200 Cameron Street, Hillsborough, NC 27278 <br /> as Obligee, hereinafter called the Obligee, In the sum of Five Percent of Amount Bid <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 /> WHEREAS,the Principal has submitted a bid for Roof Replacement Central Recreation Center-Hillsborough, NC <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 t „weR.•ed the <br /> penalty hereof between the amount specified in said bid and such larger amount for which the Obligee, i -.<< ith <br /> contract with another party to perform the Work covered by said bid,then this obligation shall be null. ” t <br /> to remain in full force and effect. 0;' b'i' '3 Q <br /> Signed and sealed this 12th day of October `� L, ?'% 2P.q <br /> c <br /> Baker Roofing Company <br /> 's;>' <br /> ''�� �, - ' <br /> (Print '''"'nl ahuss eal• <br /> - <br /> V <br /> (Title) <br /> mice�, <br /> % Arch Insurance Company <br /> CO <br /> F `• MMA!' 18 <br /> ° <br /> Omni ir'� sEn�, ,. ( (Surety) (Seal} <br /> omtn (� �,, � � <br /> 11ls By: 5� � Y�tL�dl -- ''. <br /> attomey-ln-Pact Heather Burroughs (Rife) <br /> NIA DOCUMENT A310 R BID BOND 6 AIA 6 FEBRUARY 1970 ED.a,THE AMERICAN <br /> JNSTrrurE 01?ARCHITECTS,1735 N.Y.AVE.,N.W.,WA91i1NCTON,D.C.20006 <br />