CALIFORNIA PROFESSIONAL ENGINEERING, INC. (2)

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AIA Document A310T"' - 2010 Bid Bond This dowment 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. CONTRACTOR: (Name, legal status and address) CALIFORNIA PROFESSIONAL ENGINEERING, INC. DBA CALIFORNIA PROFESSIONAL ELECTRICAL ENGINEERING 9'17 OTTERBEIN AVENUE LA PUENTE. CA 91748 SURETY: (Name, legal status and principal p/ace of business) THE HANOVER INSURANCE COMPANY 333 CITY BOULEVARD WEST, t7TH FLOOR ORANGE, CA 92868 OWNER: (Name, legal status and address) CITY OF SANTA ANA PUBLIC WORKS AGENf:Y 20 CIVIC CENTER PLAZA SANTA ANA, CA 92701 BOND AMOUNT: TEN AND 00/100 PERCENT, 10% OF BID AMOUNT. PROJECT: (Name, location or address antl Project number, if any) TRAFFIC SIGNAL SYSTEM UPGRADE PHASE I-IV The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the Contractor and Surety bintl themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, 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 dowments, or within such time period as may be agreed to by the Owner and Contractor, and the Contractor either (?) 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 pertormance of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof; or (2) pays to the Owner the difference, 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 silly (60) days. If 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 term Owner shall be deemed to be Contractor. When this Bond has been furnished 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 13th day of January, ^p011 CALIFORNIA RO SSIONAL ENGI EE NG, INC. THE HANOV IN URANCE COfyl DBA CALIFO I P NAL EC RICAL ENGINEERING (Principe/) (Seal) (Surety) (Tit/e) ^7 ?L( (Tit/e) YUNG T MU CK, aKOmey-i CAUTION: You should sign an original IA Contract Document, on which this text appears in D. An original obscured. thatchangas will nat ba AIA Document A310T"" - 2070. Copyright ©1963, 1970 and 2010 by The American Institute of Ar facts. All rights reserved- WARNING: This AIAO Document is protected by U.S. Copyright Law and International Treaties. Unauthorized reprod ction or distribution of this AIA® Document, or any portion of it, may result in severe civil and criminal penalties, antl will be prosecuted to the maximum extent possible under the law. Purchasers are permitted to reprotluce ten (1 O) copies of this document when completed. To report copyright violations of AIA Contract Documents, a-mail The American Institute of Architects' legal counsel, copyright@aia.org. 06111 O