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HomeMy WebLinkAboutBid Bond PlanetbidsAIA Document A310TM -2010 CONTRACTOR: r N1 oar. legal status and address) Rite -Way Roof Corporation 15425 Arrow Boulevard Fontana, CA 92335 OWNER: (Name, legal statics and address) City of Diamond Bar 21810 Copley Drive Diamond Bar, CA 91765 SURETY: (Name, legal status and principal place of business) Developers Surety and Indemnity Company 17771 Cowan, Suite 100, Irvine, CA 92614 BOND AMOUNT: Ten Percent of Their Greatest Amount Bid (10% of Their G.A.B.) PROJECT: (Vame, location or address, and Project number, ij'a» y) City Hall Re-Roof/Rehabilitation Project This document has important legal consequences. Consultation with an attorney is encouraged with respect to its completion or modification. Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the Contractor and Surety bind themselves, their heirs, executors. administrators, successors and assigns, jointly and severalk. as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor within the time specified in the bid documents. or within such time period as may be agreed to by the Owner and Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terms of such bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract :rod for the prompt payment of labor and material famished in the prosecution thereof: or (2) pays to the Owner the ditTerence. not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount for which the Owner 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. The Surety hereby waives any notice of an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for acceptance of bids specified in the bid documents. and the Owner and Contractor shall obtain the Surety's consent for an extension beyond sixty (60) days. It this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall be deemed to be Subcontractor and the tens Owner shall be deemed to be Contractor. When this Bond has been famished to comply with a statutory or other legal requirement in the location of the Project any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so furnished, the intent is that this Bond shall be construed as a statutory bond and not as a common law bond. Signed and sealed this 27th day of February 2024 (Witness) (IFitne.ss) Susan C. Montaon, (Seal) CAUTIONS You should sign an original AIA Contract Document. on which this text appears in RED. An original assuresthat changes will not be obscured. Init AIA Document A310- - 2010. Copyright O 1963. 1970 and 2010 by The American Institute of Architects. All rights reserved. WARNING: This AIAs Document is protected by U.S. Copyright Law and Intemafional Treaties. Unauthorized reproduction or distnbubon of this AIA Document, or any portion of it, may result in severe civil and criminal penalties. and will be prosecuted to the maximum extent possible under We few. / purchasers are permitted to reproduce ten (10) copies of this document when completed. To reportcopyright violations of AIA Contract Dowments, e-mall The American Institute of Architect' legal counsel. wpyright@eia.org. oemc POWER OF ATTORNEY FOR COREPOINTE INSURANCE COMPANY DEVELOPERS SURETY AND INDEMNITY COMPANY 59 Maiden Lane, 43rd Floor, New York, NY 10038 (212)220-7120 KNOW ALL BY THESE PRESENTS that, except as expressly limited herein, COREPOINTE INSURANCE. COMPANY and DEVELOPERS SURETY AND INDEMNITY COMPANY, do hereby make, constitute mid appmul. Janelle L. Tuominen and Susan C. Morrison , of _ Riverside. CA as its true and lawful Attomey-in-Fact, to make, execute, deliver and acknowledge, for and on behalf of mid companies, as sureties, bonds, undertakings and contracts of suretyship giving and granting unto said Attomey-in-Fact full power and authority to do aid to perform every act necessary, requisite or proper to be done in connection therewith as each of said company could do, but reserving to each of said company full power of substitution and revocation, and all of the acts of said Attorney -in -Fact, pursuant to thew presents, are hereby ratified and confirmed. This Power of Attorney is effective February 27, 2024 and shall expire on December 31, 2025. This Prayer of Attorney is granted and is signed under and by authority of the following resolutions adopted by the Board of Directors of C OREPOINTE INSURANCE COMPANY and DEVELOPERS SURETY AND INDEMNITY COMPANY (collectively, "Company'-) on February TO, 2023. RESOLVED, that Sa n Zaz Pres' t tv Und nvr f tg, James Bell_ Vice President S .u, U d rwr lig, and Cmia Dawson. Executive Underwriter, Sure . each an employee Of AM I nut North America, Inc., an affiliate of the Company (the "Authorized Signors"), are hereby authorized to execute a Power of Attorney, qualifying atlomey(s)-in-tact named in the Power of Attomey to execute, on behalf of the Company, bonds, undertakings and contracts of suretyship, or other suretyship obligations; and that the Secretary or any Assistant Secretary of the Company be, and each of them hereby is, authorized to attest the execution of any such Power of Attorney. RESOLVED, that the signature of any one of the Authorized Signors and the Secretary or any Assistant Secretary of the Company, and the seal of the Company must be affixed to any such Power of Attorney, and any such signature or seal may be affixed by facsimile, and such Power of Attorney shall be valid and binding upon the Company when so affixed and in the future with respect to any bond, undertaking or contract of suretyship to which it is attached. IN WITNESS WHEREOF, COREPOINTE INSURANCE COMPANY and DEVELOPERS SURETY AND INDEMNITY COMPANY have caused these presents to he signed by the Authorized Signor and averted by their Secretary or Assistant Secretary this March 27 M23 '% aarrpUrrrry,r xaepNlrrrry y dw SU �r4� .0 AND y Printed Na e�Sarn"Zma Z: GO T• pj G A'-. 1, F• \2 0•2. Title: President, Surety Underwriting ACKNOWLEDGEMENT: a.. '; '•FtAWPR�'� Y: a,�rr •�* �� eAaae Enpublic or other officer completing this certificate verifies only the f the individual who signed the document to which this certificate is and not the truthfulness, accuracy, or validity of that document. STATE OF California COUNTY OF rrrrrr uaea a 1936 0;..•Cl' fFORNxP�a,0 '.,�� d0 .... • • h� AAA: On this 27 day of March , 2023 , before me. Hoang-Ouven PhL1 Pham , personally appeared Sam Zaza who proved to me on die basis ofsatisfactory evidence to be the person whose name is subscribed to within the instrument and acknowledged to me that they executed the same in their authorized capacity, and that by the signature on the instrument the entities upon behalf which the person acted, executed this instrument. I certify, under penalty, of perjury- under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. gom HOANCiQUYEN P. ►HAMNotary Public - California Signature IxX�C-• �-tOrange County f — ` "d Commission N 2432970 y Comm. Expires Dec 31, 2026 CORPORATE CERTIFICATION The undersigned, the Secretary or Assistant Secretary of COREPOINTE INSURANCE COMPANY and DEVELOPERS SURETY AND INDEMNITY COMPANY, does hereby certify that the provisions of the resolutions of the respective Boards of Directors of said corporations set forth in this Power of Attorney are in force as of the date of this Certification. This Certification is executed in the City of Cleveland. Ohio, this March 19, 2023. ' ( tZaaslgneea by; By: �b/AMW ��St $ Barry W. Moses, Assistant Secretary PDA No. N/A ba6<ta zADEsaec... DoouSignEnvelopelD:3352BFD6-5E9Dr4796-837E-C1E455E6530F _ Ed. 0323 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. STATE OF CALIFORNIA + County of Riverside ft On February 27, 2024 before me, Janelle L. Tuominen , Notary Public, Date Insert Name of Notary exactly as it appears on the official seal personally appeared Susan C. Monteon Name(s) of Signers) JANELLE L. TUT INEN o COMM. UT IN z IX ; s Notary Public • California z z ` Riverside County o M Comm. Expires Feb. 15, 2025 who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the persorl or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. Witness my hand and official seal. Signature oC��q Place Notary Seal Above gn ure of Notary Public OPTIONAL Though the information below is not required by law it may prove valuable to persons relying on the document and could prevent fraudulent removal anc) reattachment of the form to another document. Description of Attached Document Title or Type of Document: Document Date: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: ❑ Individual ❑ Corporate Officer —Title(s): ❑ Partner ❑ Limited ❑ General ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer is Representing: Number of Pages: Signer's Name: ❑ Individual ❑ Corporate Officer —Title(s): _ ❑ Partner ❑ Limited ❑ General ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer is Representing: CALIFORNIA ACKNOWLEDGMENT CIVIL CODE 4 1189 A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California , County of San Bernardino J} On February 28 2024 before me, Date personally appeared Jeff Lisa S. Mora, Notary Public Here Insert Name and Title of the Officer Name(s) of Signer(s) who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature Place Notary Seal and/or Stamp Above Signature of Notary Public Completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. Description of Attached Document Title or Type of Document: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: ❑ Corporate Officer — Title(s): ❑ Partner— ❑ Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer is Representing: _2019 National Notary Association Number of Pages: Signer's Name: ❑ Corporate Officer — Title(s): ❑ Partner— ❑ Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer is Representing: