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Finance Committee - Agenda - 8/4/2021 - P93

By dnadmin on Mon, 11/07/2022 - 13:38
Document Date
Fri, 07/30/2021 - 09:42
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 08/04/2021 - 00:00
Page Number
93
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__080420…

BIO BOND

Conforms with The American Institute of
Architects, A.LA. Document No. A-310

KNOW ALL BY THESE PRESENTS, That we, DeFelice Corporation
28 Silva Lane, Dracut, Massachusetts 01826

as Principal, hereinafter called the Principal,

and the Nationwide Mutual Insurance Company :

of ONE WEST NATIONWIDE BLVD., 1-04-701, COLUMBUS, OH 43215-2220 ,a corporation duly organized under
the laws of the State of Ohio , as Surety, hereinafter called the Surety, are held and firmly bound unto
City of Nashua NH, 229 Main Street Nashua, NH 03061 as Obligec, hereinafter called the Obligec,

in the sum of FIVE PERCENT OF AMOUNT BID

Dollars ( 5% OF BID ) , fo r the payment of which sum well and truly to be made, the said Principal and the said
Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.

WHEREAS, the Principal has submitted a bid for Waste Water Pump Station Upgrades Phase 2 CS-330158-32

NOW, THEREFORE, if the Obligcc shall accept the bid of the Principal and the Principal shall enter into a Contract with the Obligec in
accordance with the terms of such bid, and give stich bond or bonds as may be specified in the bidding or Contract Documents with
good and sufficient surety for the faithful performance of such Contract and for the proMpt payment of labor and material furnished in
the prosecution thercof, or in the event of the failure of the Principal to cntcr such Contract and give such bond or bonds, if the Principal
shall pay to the Obligee the difference not to excced the penalty hercof between the amount specified in said bid and such larger amount
for which the Obligee 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 fo remain in full force and effect.

Signed and sealed this 28th day of June_, Lo. . 2021

DeFelice (Seal)
Principal

Witness
Title

e Nationwide scart HN Mesdal
Wh urz_$Vr ,
ra* ; A ;

Witness

Attomey-in-Fact

Page Image
Finance Committee - Agenda - 8/4/2021 - P93

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