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2009-280
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2009-280
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Last modified
3/7/2022 3:11:30 PM
Creation date
10/5/2015 9:04:39 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
11/06/2009
Control Number
2009-280
Agenda Item Number
8.L.
Entity Name
Masci Corporation
Subject
Potable Water Main 77th. Street
Area
77th St.
Project Number
UCP 3086
Bid Number
2009064
Supplemental fields
SmeadsoftID
8783
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T-HETTAC_H_ED-STA-TU-TOR-Y-COVE-R P-AGE—F-ORMS-AND-BECOMES_P_AR-T_QF THIS BOND. <br />Executed in 3 Counterparts <br />PUBLIC CONSTRUCTION BOND <br />Bond No. 1912421 <br />(enter bond number) <br />BY THIS BOND, We Masci Corporation , as Principal and The Hanover <br />Insurance Company , a corporation, as Surety, are bound to Indian River County, FL herein <br />called Owner, in the sum of $ ----- 83,058.82----- , for payment of which we bind <br />ourselves, our heirs, personal representatives, successors, and assigns, jointly and <br />severally. <br />THE CONDITION OF THIS BOND is that if Principal: <br />1. Performs the contract dated &6V, 3 , Z&v?, between Principal and Owner for <br />construction of Brine Line Conversion to a Potable Water Main - 77th Street , the contract being <br />made a part of this bond by reference, at the times and in the manner prescribed in the <br />contract; and <br />2. Promptly makes payments to all claimants, as defined in Section 255.05(1), Florida <br />Statutes, supplying Principal with labor, materials, or supplies, used directly or indirectly <br />by Principal in the prosecution of the work provided for in the contract; and <br />3. Pays Owner all losses, damages, expenses, costs, and attorney's fees, including <br />appellate proceedings, that Owner sustains because of a default by Principal under the <br />contract; and <br />4. Performs the guarantee of all work and materials furnished under the contract for the <br />time specked in the contract, then this bond is void; otherwise it remains in full force. <br />Any action instituted by a claimant under this bond for payment must be in accordance <br />with the notice and time limitation provisions in Section 255.05(2), Florida Statutes. <br />Any changes in or under the contract documents and compliance or .noncompliance <br />with any formalities connected with the contract or the changes does r� affedt,r6r4tyis. <br />obligation under this bond. w <br />DATED ON bECOM SEe �, = <br />i o <br />Masci Corpor n,o--n-'-.,.-.- _ <br />Na a af. 66ci al <br />(As Attorney in Fact) <br />The Hanover Insurance Company' <br />(Name of SureW.; <br />By' �• • `� ' ' c J <br />Leslie M. Donahue, AttorneOn-Fact and <br />Florida Licensed Resident•Agent <br />(407) 786-7770 <br />Vit: <br />
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