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2018-190A
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2018-190A
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Last modified
11/7/2018 11:16:25 AM
Creation date
11/7/2018 11:16:18 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
10/16/2018
Control Number
2018-190A
Agenda Item Number
8.I.
Entity Name
Guettler Brothers Construction
Subject
Victor Hart Sr. Complex Drainage Improvements
Project Number
IRC-1760
Bid Number
2019005
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t <br /> Bid No.2018045/IRC-1523 <br /> PUBLIC CONSTRUCTION BOND <br /> Bond No.21BCSHP1461 <br /> (enter bond number) <br /> BY THIS BOND,We Guettler Brothers Construction, LLC,as Principal and Hartford Fire Insurance Company a <br /> corporation,as Surety,are bound to Indian River County ,herein called Owner, in the sum of a;em, F«Y w oa„ <br /> ars <br /> $591.143.00 , for payment of which we bind ourselves, our heirs, personal representatives, successors, and <br /> assigns,jointly and severally. <br /> THE CONDITION OF THIS BOND is that if Principal: <br /> 1. Performs the contract dated October 162o18, between Principal and Owner for construction of Victor Hart Sr. Complex <br /> Drainage Improvements(IRC-1760), the contract being made a part of this bond by reference, at the times and in <br /> the manner prescribed in the contract;and <br /> 2. Promptly makes payments to all claimants, as defined in Section 255.05(1), Florida Statutes, supplying <br /> Principal with labor, materials, or supplies, used directly or indirectly by Principal in the prosecution of the work <br /> provided for in the contract;and <br /> 3. Pays Owner all losses, damages, expenses, costs, and attorney's fees, including appellate proceedings, that <br /> Owner sustains because of a default by Principal under the contract;and <br /> 4. Performs the guarantee of all work and materials furnished under the contract for the time specified in the <br /> contract,then this bond is void;otherwise it remains in full force. <br /> Any action instituted by a claimant under this bond for payment must be in accordance with the notice and time <br /> limitation provisions in Section 255.05(2),Florida Statutes. <br /> Any changes in or under the contract documents and compliance or noncompliance with any formalities <br /> connected with the contract or the changes does not affect Surety's obligation under this bond. <br /> DATED ON October 18, 2018 , Guettler Brothers Co - . -, LLC <br /> (Name of Principal) <br /> B ifaa .••••�� iau �' <br /> rn <br /> (As Attorney in.Fact c �':. ,'`,, <br /> • c: <br /> Hartford Fire Insuranse$pfnriti ;'6 <br /> jName of Suretv)'!tr •: • <br /> 'l <br /> Page 37 of 39 <br />
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