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a auacneo statutory cover page forms and becomes part of this bond . <br /> PAYMENT BOND Executed in 2 Counterparts <br /> KNOW ALL MEN BY THESE PRESENTS : <br /> BY THIS BOND , we <br /> Barth Construction , Inc . <br /> 1717 Indian River Blvd , Suite #202A <br /> Vero Beach FL 32960 ( 772 ) 778 -3072 <br /> as Principal <br /> ( Contractor) ( Insert name, principal business address , and telephone number of Principal /Contractor) <br /> and <br /> United Fire & Casualty Company <br /> PO Box 73909 <br /> Cedar Rapids IA 52407 -3909 ( 319 ) 399- 5700 <br /> a corporation , <br /> as Surety , ( Insert name, principal business address , and telephone number of Surety) <br /> are held and firmly bound unto the County of Indian River, Florida , 1800 27 `h Street , Vero Beach , Florida <br /> Six Hundred Forty Seven Thousand , <br /> 32960 , ( 772 ) 567 - 8000 , in the sum of _ Seventy Six and 401100 Dollars ($_ 647 , 076 . 40) , <br /> amounting to 40 % of the total bid price . For the payment of said sum we bind ourselves , <br />our heirs , <br /> executors , administrators and assigns , jointly and severally , for the faithful performance of a certain <br /> written Contract, dated the day of , 20_, entered into between <br /> the Principal and the County of Indian River, for : <br /> Bond Number : 54 - 184730 <br /> Project Name : Indian River County Transit Facility <br /> County Project Number : 2011042 <br /> Project Address : 4385 43rd Avenue , Vero Beach FL 32960 and <br /> 4395 43rd Avenue , Vero Beach FL 32960 <br /> A copy of said Contract is incorporated herein by reference and is made a part hereof as if fully copied <br /> herein . <br /> NOW , THEREFORE , THE CONDITIONS OF THIS OBLIGATION ARE SUCH, that , if the Principal <br /> shall promptly make payments to all claimants , as herein below defined, then this obligation shall be void ; <br /> otherwise , this Bond shall remain in full force and effect, subject to the following terms and conditions : <br /> A . A claimant is defined as any person supplying the Principal with labor, material or supplies , <br /> used directly or indirectly by the Principal or any subcontractor in the prosecution of the <br /> Work provided for in said Contract, and is further defined in Section 713 . 01 of the Florida <br /> Statutes . <br /> B . The provisions of Section 255 . 05 Florida Statutes shall apply <br /> 00301 - 1 <br />