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PUBLIC CONSTRUCTION BOND <br />Bond NO. 0214656 <br />(enter bond number) <br />BY THIS BOND, We Hinterland Group, Inc. , as Principal and Berkley Insurance company <br />a corporation, as Surety, are bound to Indian River County , herein called Owner, in <br />the sum of $176.000.00, for payment of which we bind ourselves, our heirs, personal <br />representatives, successors, and assigns, jointly and severally. <br />THE CONDITION OF THIS BOND is that if Principal: <br />1. Performs the contract dated February 20, 2018 , between Principal and Owner for <br />construction Of Blue Cypress Lake Road Culvert Reolacement , the contract being made <br />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 February 26, 2018, <br />00610-3 <br />Hinterland Group, Inc. <br />(Name of Principal) <br />By <br />- ttorne i _ac. <br />Berkley Insurance Company <br />(Name of Surety) <br />