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2008-354
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2008-354
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Last modified
4/18/2016 11:09:25 AM
Creation date
10/1/2015 12:49:29 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
11/04/2008
Control Number
2008-354
Agenda Item Number
8.V.
Entity Name
Sheltra & Son Construction
Subject
12th. St. sidewalk
Area
43rd. Avenue to 27th Avenue
Project Number
0604
Bid Number
2008080
Supplemental fields
SmeadsoftID
7695
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said Work, by contract or otherwise , and any damages , whether direct , indirect , or <br /> consequential , including reasonable attorney's fees ( including appellate proceedings) , which the <br /> County of Indian River may incur as a result of the failure of the Principal to properly execute all <br /> of the provisions of the Contract . <br /> AND , the said Principal and Surety hereby further bind themselves , their successors , executors , <br /> administrators and assigns , jointly and severally , that they will amply and fully protect the <br /> County of Indian River against , and will pay any and all amounts , damages , costs and <br /> judgments which may be recovered against or which the County of Indian River may be called <br /> upon to pay to any person or corporation by reason of any damage arising from the <br /> performance of the said work, repair or maintenance thereof, or the manner of doing the same , <br /> or his agents or his servants , or the infringements of any patent rights by reason of the use of <br /> any material furnished or work done , as aforesaid or otherwise . <br /> AND , the said Surety , for value received , hereby stipulates and agrees that no change , <br /> extension of time , alteration or addition to the terms of the Contract or to the work to <br />be <br /> performed thereunder, or the Specifications or Drawings accompanying the same , shall in any <br /> way affect its obligations on this Bond , and it does hereby waive notice of any such change , <br /> extension of time , alteration or addition to the terms of the Contract or to the Work or to the <br /> Specifications or Drawings . <br /> AND , the said Principal and Surety jointly and severally covenant and agree that this Bond will <br /> remain in full force and effect for a period of one year commencing on the date of Substantial <br /> Completion as established on the Certificate of Substantial Completion as issued by the County <br /> of Indian River. <br /> IN WITNESS VVHEREOF , the above bound parties executed this instrument under their several <br /> seals , this 144*' day of ��ay� � , 20�, the name and corporate seal of <br /> each corporate party being hereto affixed and these presents duly signed by its undersigned <br /> representative , pursuant to authority of its governing body . <br /> [The remainder of this page was left blank intentionally] <br /> 00610 - Performance Bond .doc <br /> 00610 - 2 <br /> C1Documents and Settinpsyoann%Local Settinps%Temporary Internet Files%Content.OutlookM)W4VKPNA\00610 - Performance Bond.doc <br />
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