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2008-339
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2008-339
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Last modified
4/14/2016 9:30:00 AM
Creation date
10/1/2015 12:44:06 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
10/21/2008
Control Number
2008-339
Agenda Item Number
8.G.
Entity Name
Timothy Rose Contracting
Subject
Modifications Pump Station
Lift Station No. 2058
Area
37th Street
Project Number
2784
Bid Number
2008063
Supplemental fields
SmeadsoftID
7651
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in the prosecution of the Work provided for in said Contract, then this obligation shall be null and <br /> void ; otherwise , the Principal and Surety, jointly and severally, agree to pay Indian River County any <br /> difference between the sum that Indian River County may be obliged to pay for the completion of <br /> said Work, by contract or otherwise , and any damages , whether direct, indirect , or consequential, <br /> including reasonable attorney's fees (including appellate proceedings) , which the County of Indian <br /> River may incur as a result of the failure of the Principal to properly execute all of the provisions of <br /> 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 County of <br /> Indian River against, and will pay any and all amounts , damages, costs and judgments which may <br /> be recovered against or which the County of Indian River may be called upon to pay to any person <br /> or corporation by reason of any damage arising from the performance of the sold work , repair or <br /> maintenance thereof, or the manner of doing the same , or. his agents or his servants , or <br /> the <br /> infringements of any patent rights by reason of the use of any material furnished or work done, as <br /> aforesaid or otherwise . <br /> AND , the said Surety, for value received, hereby stipulates and agrees that no change, extension of <br /> time, alteration or addition to the terms of the Contract or to the work to be performed thereunder, or <br /> the Specifications or Drawings accompanying the same , shall in any way affect its obligations on this <br /> Bond , and it does hereby waive notice of any such change, extension of time, alteration or addition <br /> to the terms of the Contract or to the Work or to the 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 of <br /> Indian River. <br /> Principal and Surety expressly acknowledge that any and all provisions relating to liquidated <br /> damages contained in the Contract Documents are expressly covered by and made a part of this <br /> Bond . Principal and Surety acknowledge that any such provision lie within their obligations and within <br /> the coverages and limitations of this Bond . <br /> Florida Statutes Section 255.05 (2007 ), as amended from time to time , together with all notice and <br /> time provisions contained in subsection (2) of Florida Statutes Section 255 . 05 (2007)9 is incorporated <br /> herein in its entirety by this reference . <br /> IN WITNESS WHEREOF, the above bound parties executed this instrument under their several <br /> seals , this 27 day of October , 20 08 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 /> ■ ■ r � � � rr � � � � rrrr � . rrr � � � r � rrrr � rrsrr � � � � r � r � � r � � rr � rr � r � � � r � � r � � <br /> � rr � � � r � � � rr � � � r <br /> Attest <br /> e f Timothy Rose Contracting , Inc . <br /> Secretary Name of Corp - ' <br /> 1` ° sir f <br /> P' re 0(Affix Corporate SEAL) . <br /> Printed Name and Official Title tff' �/ `� �' <br /> 00610& ''� <br />
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