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AIA Document A310 - Electronic format <br />Bid Bond # 0CD100066 <br />KNOW ALI. MEN BY THESE PRESENTS, that we <br />Service First Contractors Network dba Service First <br />2510 N. Grand Avenue, Ste.110 <br />Santa Ana, CA 92705 ., <br />as Principal, hereinafter called the Principal, and <br />The Ohio Casualty Insurance Company <br />175 Berkeley Street <br />Boston, MA 02116 <br />a corporation duly organized under the laws of the State of lief as Surety, hereinafter called the Surety, are held and firmly <br />bound into <br />City of Santa Ana <br />20 Civic Center Plaza, Room 429 <br />Santa Ana, CA 92702 <br />as Obligee, hereinafter called the Obligee, 1v the seam of Not to exceed five percent of the bid amount****(not to exceed <br />5.00% of the bid amount) for the payment of which sum well and truly to be made, the said Principal and the said Surety, <br />mind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, f nn.ly by these presents. <br />WHEREAS, the Principal bus submitted a bid for <br />Fountain W atenance; REP No.21-102 <br />N(7'4'ir, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a contract with the <br />Obligee in accordance with the terms of such bid, and give such bound or bands m may be specified in the bidding or Contract <br />Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt payment of labor <br />and material furnished in the prosecution thereof, ar In the event of the failure of the Principal to enter such Contract and give <br />such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty hereof between the <br />annount specified in said bid and such larger amount for which the Obligee may in good faith contract with another party to <br />perform the Work covered by said bid, then this obligation shall be null and void, otherwise to remain in full force and effect. <br />Signed and sealed this 28th day of September, 2021, <br />THIS DOCUMENT HAS IMPORTANT LEGAL CONSEQUENCES, CONSULTATION WITH AN ATTORNEY IS <br />ENCOURAGED WITH RESPECT TO ITS COMPLETION OR. MODIFICATION. A.UTI-MIN`I'ICATION OF THIS <br />ELECTRONICALLY DRAFTED AIA DOCUMENT MAY BE MADE BY USING AIA DOCUMENT D401. <br />00400-1 <br />