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SECTION 00610 - Performance Bond
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />BY THIS BOND, we
<br />S.P.S. Contrac
<br />Americana
<br />e #1
<br />Vero Beach, FL 32966 (772) 778-4878 as
<br />(Contractor),
<br />(Insert name, principal business address, and telephone number of PrincipallContmetor)
<br />and
<br />Fidelity & Deposit Company of Maryland
<br />863 Creston Dr. _
<br />Maitland, FL 327516 (407) 629-1955 a corporation, as
<br />Surety,
<br />(Insert name, principal business address, and telephone number of Surety)
<br />are held and firmly bound unto the County of Indian River, Florida, 1800, 27th Street, Vero
<br />Beach, Florida 3V60, 772m567m%)7ourun re T o�andin the sura of ourun rev rc Dollars ($�r�8 , 412,20 ),
<br />amounting to 100% of the total bid price. For the payment of said sum we bind ourselves, our
<br />heirs, executors, administrators and assigns, jointly and severally, for the faithful performance of
<br />a certain written Contract, dated the lqtday of0
<br />entered into between the Principal and the County of Indian R' er, for.
<br />Bond Number
<br />Project Name
<br />County Project Number0522. 0436
<br />e to 32nd Avenue and 10"' Court SW from Oslo
<br />Project Address: 1st Road from 35" Avenu
<br />Road to 7n Street SW
<br />Project Description: The protects consist oa= Davina xisirn9 IMM- ane man-msus w
<br />swales owned and ma' wined b Indian Rive Coun Florida.
<br />A copy of said Contract is incorporated herein by reference and is made a part hereof as if fully
<br />copied herein.
<br />NOW, THEREFORE, THE CONDITIONS OF THIS OBLIGATION ARE SUCH, that if the
<br />Principal shall in all respects comply with the terms and conditions of said Contract and its
<br />obligations thereunder, including all of the Contract Documents therein referred to and made a
<br />part thereof, and such alterations as may be made in the Contract Drawings and Specifications
<br />as therein provided for, and shall indemnify and save harmless the County of Indian River
<br />against and from all expenses, damages, injury or conduct, want of care of skill, negligence or
<br />default, including patent infringement on the part of the Principal, his agents or employees, in the
<br />execution or performance of said Contract, including errors in the Drawings furnished by the
<br />Principal, and further, if the Principal, shall promptly make payments to all who supply him with
<br />labor and/or materials used directly or indirectly by the Principal in the prosecution of the Work
<br />provided for in sold Contract, then this obligation shall be null and void; otherwise, the Principal
<br />and Surety, jointly and severally, agree to pay the County of Indian' River any difference between
<br />00610 - Performance Bond
<br />0081041
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