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SECTION 00610 - Performance Bond
<br /> Bond 08891580
<br /> KNOW ALL MEN BY THESE PRESENTS :
<br /> BY THIS BOND , we
<br /> S . P . S . Contractings Inc .
<br /> 9015 Americana Rd * t Suite # 1
<br /> Vero Beach , FL 32966 ( 772 ) 778 - 4878 as Principal
<br /> (Contractor) ,
<br /> (Insert name, principal business address, and telephone number of Principaxontmetor)
<br /> and
<br /> Fidelity & Deposit Company of Maryland
<br /> 863 Creston Dr .
<br /> Maitland , FL 32751 ( 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 3f60 , 772m567mTM)7ourun re WT o � anin the sura of ourun re v rc & _ 9n / inn
<br /> 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. 08891580
<br /> Project Name : 1 Av
<br /> Ro d from 35'" enue to 32"d Avenue and 10n' Court SW from Oslo Road to
<br /> 7 Street SW
<br /> County Project Number_0522 . 0436
<br /> Project Address: 1st Road from 35" Avenue to 32nd Avenue and 10°1 Court SW from Oslo
<br /> Road to 7n Street SW
<br /> Project Description : The m- ects consist of oavinv xlsting iwo-lane mart-mads with_roadside
<br /> swales owned and ma ' wined b Indian Riyer CountZ 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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