180-26 - Exhibit B. AJ Contractors_compressed.pdf

BID BOND KNOW ALL MEN BY THESE PRESENTS, that we, the undersigned, A&J Contractors Group Inc. as Principal, and Bondex Insurance Company as Surety, is hereby held and firmly bound unto the Township of West ‘Orange, in the County of Essex as Owner, in the Ten Percent of the Amount Bid Not to Exceed twenty thousand and Penal Sum of $ —00/100 dors (10% ofthe Amount Bid Not To Exceed $20,000.09) (the penal sum shall ba equal to ten percent (10%) of the Base Bid, but not more than $20,000) for the payment of which, weil and truly to be made, we hereby jointly and severally bind ourselves, successors and assigns, Signed this_23rd__ day of June _, 2026 The condition of the above obiigation Is such that whereas the Principal has submitted to the Township of West Orange, In the County of Essex, New Jersey 8 certain bid, attached hereto and hereby made a pert of hereof, to enter into a contract in writing for the 2025 CDBG ROAD REHABILITATION STANDISH AVENUE AND FREMONT STREET NOW THEREFORE, A) If said bid shall be rejected or in the alternative, B) ifsaid bid shall be accepted end the Principal shall execute and deliver a contract properly completed In accordance with said bid and shall furnish @ bond for his faithful performance of said contract, and for the payment of all persons performing labor or furnishing materials in the connection therewith, and shall In all other respects perform the agreement created by the acceptance of said hid, Then this obligation shall be void, otherwise the same shall remain in full force and effect; it being expressly understood and agreed that the liability of the surety for any and alll claims hereunder shalll, in no event, exceed ‘the penal amount of this obligation as herein stated. The Surety, for value received, hereby stipulates and agrees that the obligations of said Surely and its bond shall be In no way impaired or affected by any extension of the time within which the Owner may accept such bid; and ‘Surety does hereby waive notice of any such extension. IN WITNESS WHEREOF, the Principal and the Surety have hereunto set their hands and seals, and such of them as are corporations have caused their corporate seals to be hereto affixed and these presents to be signed by their proper officers, the day and yeer first set forth above, wh. Ach, Witness Bondex Insurance Company Surety S — ~ “a r ‘Witness Loreen

als to be hereto affixed and these presents to be signed by their proper officers, the day and yeer first set forth above, wh. Ach, Witness Bondex Insurance Company Surety S — ~ “a r ‘Witness Loreen Apohtte, Witness As to Surety Attorney-in-Fact ‘Philip S. Tobey, Attorney-in-Fact p.22