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2008-431
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2008-431
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Last modified
11/16/2017 11:30:22 AM
Creation date
10/5/2015 9:03:52 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
12/23/2008
Control Number
2008-431
Agenda Item Number
8.G.
Entity Name
Pelican Pete Construction Company
Subject
Oslo Road Boat Ramp Repairs
Area
Oslo Road
Project Number
0381
Bid Number
2009024
Supplemental fields
SmeadsoftID
8748
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between the sum that the County of Indian River may be obliged to pay for the completion of <br />said Work, by contract or otherwise, and • any damages, whether direct, indirect, or <br />consequential, including reasonable attorneys fees (including appellate proceedings), which the <br />County of Indian River may incur as a result of the failure of the Principal to properly execute all <br />of the provisions of 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 <br />County of, Indian River against, and will pay any and all amounts, damages, costs and <br />judgments 'which may be recovered against or which the County of Indian River may be called <br />upon to pay to any. person or corporation by reason cif any damage arising from The <br />performance of the said work, repair or maintenance thereof, or the manner of doing the same, <br />or his agents or his servants, or the infringements of any patent rights by reason of the use of <br />any material fumished or work done, as aforesaid or otherwise, <br />AND, the said Surety, for value revived, hereby stipulates and agrees that no change, <br />extension of time, alteration or addition to the terms of the Contract or to the work to be <br />performed thereunder, or the Specifications or Drawings accompanying the same, shall in any <br />way affect its obligations on this Bond, and it does hereby waive notice of any such change, <br />extension of time, alteration or addition to the terms of the Contract or to the Werk or to the <br />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 far a period of one year commenting on the date of Substantial <br />Completion as established on the Certificate of Substantial Completion as issued by the County <br />of Indian River. <br />IN WITNESS WHEREOF, the above bound parties executed -411s instrument under their several <br />seals, this 8th day of January <br />2t)p, 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 />Fite remainder of this page was left blank Intentionally] <br />Oo6'10-2 <br />00610- Performance Bond <br />
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