20A - AA - PED COUNTDOWN HEADS AND PUSH BUTTONS

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Document A310TM -2010 Conforms with The American Institute of Architects AIA Document 310 4�1 M CONTRACTOR: (Nmae, legal stunts and adeliess) Siemens Industry Inc. 2250 Business Way Riverside, CA 92501 OWNER: (Name, legal vanrs and address) City of Santa Ana 20 Civic Center Plaza Santa Ana, CA 92701 Bond Number: 79434433- CHU -15 -22 SURETY: (Name, legal srntas and principal place of business) Federal Insurance Company 15 Mountain View Rd. Warren, NJ 07061 -1615 State of Inc: Indiana BOND AMOUNT: Ten Percent of Amount Bid (10 %) 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. PROJECT: (Name, location or address, and Project number, lfarrv) Pedestrian Countdown Heads and Push Buttons Replacement of Countdown Pedestrian Heads and PPB's City Wide 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, administratm's, successm's and assigns, jointly and severally, as provided herein, The conditions of this Brad 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 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 cony in good faith contract with another party to perform the work covered by said bid, then this obligation shall be unit 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. If this Bond is issued in connection with it subcontractor's bid to a Contractor, the term Contractor in this deemed to be Subcontractor and the term Owner shall be deemed to be Contractor. , When this Bond has been furnished to comply with it statutory or other legal requirement in the locat' any provision in this Bond conflicting with said statutory or legal requirement shall be deemed d A, provisions conforming to such statutory or other legal requirement shall be deemed incopo•aiu ham- furnished, the intent is that this Bond shall be construed as a statutory bond and not as a common la Signed and sealed this 01st rp"o ecem , 2015 _.✓ Siemens (Principal) (Witness- , (W(tnessJ�y L Johnson 20A -20 Sandra L. Ham, Attorney -In -Fact MS