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2010-139
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2010-139
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Last modified
5/10/2022 1:58:27 PM
Creation date
10/5/2015 9:01:35 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
06/01/2010
Control Number
2010-139
Agenda Item Number
8.R.
Entity Name
SPS Contracting
Subject
8th Street Sidewalk Improvements 18th Court to Old Dixie
Area
8th Street, 18th Court to Old Dixie Highway
Project Number
0455
Bid Number
2010019
Supplemental fields
SmeadsoftID
8564
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JUN-UV-CUiukrmi) i5;ub 5V5 Contracting, Inc <br />(FRX)7727782862 P-005/013 <br />PUBLIC CONSTRUCTION BOND <br />Bond No. 08891689 <br />(enter bond numltgrl <br />BY THIS BOND, We, s.P.s. contracting, Inc , as Principal and Fidelity & Deposit <br />Company of Maryland ' <br />- , a corporation, as Surety, are bound t0 Indian River County <br />herein called Owner, In the sum of $ 61, 900.80 , for payment of which we <br />bind 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 gc9ntr-act dat d Jut 20 to , bCOM— <br />e�i Principal and Owner for <br />Constructlon of Court e x e roe t 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 attorneys 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 specified in the contract, then this bond is vold; 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 2 5A5(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 not affect Surety's <br />obligation under this. bond, <br />DATED ON �t,pso <br />S.P.S. Contracting, Incti;',�:,'.J�_.' <br />Na of P inti al .y. <br />3 <br />BY <br />s A Pact <br />Frdelity & Deposit Company of 'Maryland <br />John S. Harris - Attorney -in -Fact &..,. <br />State Resident Agent". <br />00010-3 <br />00610 - PubRc Construdon Bond,doc <br />F: QWC W6%*NMNE0UNG OMBiON PROJWT8104tf -M 8trsst 8k*Alk tmpro emb kith C W Ole OplalAdfriftld eeeumanlsUM0 • Publc Con*U" <br />Eond.doc <br />
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