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PUBLIC CONSTRUCTION BOND <br />Bond No. giwiR <br />(enter bond number) <br />BY THIS BOND, We proshot concrete, Inc. , as Principal and Fidelity fir Deposit Company <br />nfMaryl2nd a corporation, as Surety, are bound to indian River C'ount� herein <br />called Owner, in the sum of $ 331,375.00 for payment of which we bind <br />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 August 18 �n�n , between Principal and Owner for <br />construction of C.R. 512 Bridge Repairs 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 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 Sure,tytsil <br />obligation under this bond. .�`CnNt��;'%, <br />DATED ON August IS2020 <br />Proshot Concrete, Inc. Co oottE't)l qy�.•� <br />a. SEAL <br />(Name of Princi a AriillonmV-6ug,�e <br />200-5 <br />By <br />A me in Fact Gregg A ;Tatuiri, <br />Fidelity Deposit C omTy n a <br />(Name of Surety) <br />v <br />00610-3 <br />00610 - Public Construction Bond <br />FAP ublie Works\E N G I N E E RI N G DIVISION P ROJ ECTS\1 727 CR -512 EB & WB Bridge (8 8407879) Repairs\1 -Ad min\Bid <br />DocumentsWlaster Contract Documents\00610 - Public Construction Bond.doc <br />