Laserfiche WebLink
PUBLIC CONSTRUCTION BOND <br />Bond No. 80143684 <br />(enter bond number) <br />BY THIS BOND, We Advanced Roofing, Inc. , as Principal and The Guarantee <br />Company of North America USA , a corporation, as Surety, are bound to Indian River Board of County Commissioners <br />, herein called Owner, in the sum of $ 1,829,671.40 , 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 Ma 22 �, 2017 , between Principal and Owner for <br />Bid No. 2017040 Project ct No. 1705 - Indian River County Administration the contract been <br />construction of rnmyv Llaaynys n R Roof RepiaCemo�f g <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 May 18, 2017 , <br />Advanced R ofin , Inc. <br />Na of Principal) <br />By <br />Fgert P. Ytimhanies, Presidlt <br />The Guarantee Company of North America USA <br />Name of Surety) <br />William Grefe Griffin, Attorney-in-FLt,'. <br />00610-3 <br />00610 - Public Construction Bond.doc <br />F:\Public Works\ENGINEERING DIVISION PROJECTS\1705 Buildings A& B Roof Replacement\1-AdmABId Documents\Master <br />Contract Documents\00610 -Public Construction Bond.doc <br />