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2008-356
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2008-356
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Last modified
4/18/2016 11:46:49 AM
Creation date
10/1/2015 1:02:49 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
11/04/2008
Control Number
2008-356
Agenda Item Number
8.X.
Entity Name
Sheltra & Son Construction
Subject
5th Street SW amd 43rd Ave/ Bridge Replacement
Area
5th St.SW amd 43rd Ave/
Project Number
0206
Bid Number
2008075
Supplemental fields
SmeadsoftID
8044
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of the Work provided for in the Contract . <br /> 2 . Florida Statutes Section 255 . 05 (2002 ) , as amended from time to time , together with <br /> all notice and time provisions contained therein , is incorporated herein in its entirety <br /> by this reference . <br /> The Surety , for value received , hereby stipulates and agrees that no charge , extension of time , <br /> alteration of or addition to the terms of the Contract or to the work to be performed thereunder <br /> or to the Specifications applicable thereto , shall in any way affect its obligations on this Bond , <br /> and the Surety hereby waives notice of any such change , extension of time , alterations of or <br /> addition to the terms of the Contract , or to the work or to the Specifications . <br /> The Surety represents and warrants to the County of Indian River that it has a Best' s Key <br /> Rating Guide , General Policyholder' s rating of "A" and Financial Size Category of Class "X" . <br /> The Principal and Surety jointly and severally covenant and agree that this Bond will remain in <br /> full force and effect for a period of one year commencing on the date of Final Completion as <br /> established on the Certificate of Final Completion as issued by the County of Indian River. <br /> The Principal and Surety jointly and severally , agree to pay the County of Indian River <br />all <br /> losses , damages , expenses , costs , and attorney ' s fees , including appellate proceedings , that <br /> the County of Indian River sustains because of a default by the Principal under the Contract . <br /> [The remainder of this page was left blank intentionally] <br /> 00612 - Payment Bond REV 04-07 .doc <br /> 00612 - 2 <br /> C:1Documents and SettingsVoannlLocal Settings\Temporary Internet Files\Content. OutlookM)W4VKPNAWW12 - Payment Bond REV 04-07.doc Rev. 05/01 <br />
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