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PUBLIC CONSTRUCTION BOND <br /> Bond No. <br /> (enter bond number) <br /> BY THIS BOND, We , as Principal and <br /> a corporation, as Surety, are bound to <br /> herein called Owner, in the sum of$ , 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 contract dated between Principal and Owner for <br /> construction of , 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 specified 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 not affect Surety's <br /> obligation under this bond. <br /> DATED ON , <br /> (Name of Principal) <br /> By <br /> (As Attorney in Fact) <br /> (Name of Surety) <br /> 00610-3 <br /> 00610-Public Construction Bond <br /> F:\Public Works\ENGINEERING DIVISION PROJECTS\1213C IRC Shooting Range Hunter Eduction Classroom\Admin\bid <br /> documents\Master Contract Documents\00610-Public Construction Bond.doc <br />