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PUBLIC CONSTRUCTION BOND <br />Bond No. OCN-2431 458 <br />(enter bond number) <br />Summit Construction of Vero Beach, LLC <br />BY THIS BOND, We , as Principal and Old Republic <br />Surety Company , a corporation, as Surety, are bound toTndi an Ri vPr County <br />, herein called Owner, in the sum of $ 35 4 , 250.00 , 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 06/13 , 2017 , between Principal and Owner for <br />construction ofIRC Courthouse Judge' s Security Upgradethe 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 6/14 /2017 , <br />Summit Construction of Vero Beach, LLC <br />• <br />t� <br />00610 - 3 <br />(Name of Principal) <br />By <br />(As Attorney in Fact) <br />James E. Dickmeyer <br />Old Republic Surety Company <br />(Name of Surety) '� <br />00610 - Public Construction Bond.doc <br />F:\Public Works\ENGINEERING DIVISION PROJECTS\1621 IRC Courthouse Judges Security Upgrades\1-Admin\Btd <br />Documents\Master Contract Documents\00610 - Public Construction Bond.doc <br />