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BK: 3203 PG: 2175
<br />PUBLIC CONSTRUCTION BOND
<br />Bond No. 9298158
<br />(enter bond number).
<br />BY THIS BOND, We W+J Construction Corporation , as Principal and Fidelity and Deposit
<br />Company of Maryland , a corporation, as Surety, are bound to Indian River County
<br />, herein called Owner, in the sum of $ 1,750,416.00 , 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 April 23, 2019 , between Principal and Owner for
<br />construction Of Indian River County Courthouse Renovation , 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 attomey'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 />t,
<br />ir:
<br />DATED ON April 23rd, 2019 , ,(F; c;; r. t
<br />W+J Construction Co • . oratiii °• C
<br />Sign Here:
<br />(Name of Principal % C
<br />By
<br />(As omen Fact)
<br />'. .
<br />Fidelity and Deposit Compartyb iAff irid,'
<br />(Name of Su etli :'•• ,
<br />• _._
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<br />00610 - Public Construction Bond
<br />00610-3
<br />F:1Public Works\ENGINEERING DMSION PROJECTS11728 IRC Courthouse Renovations Project11-Admin1Bid Douanents Master
<br />Contract Documents100610 - Public Construction Bond.doc
<br />A TRUE COPY
<br />CERTIFICATION ON LAST PAGE
<br />J.R. SMITH, CLERK
<br />
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