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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;eH�, edF«Y � oaon <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 oaobec 16 201a between Principal and Owner for construction of Victor Hart Sr. Complex <br />Drainage Improvements (IRC -17601 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 />X <br />(Name of Principal) <br />B <br />As Attorne An.Fact c' <br />Hartford Fire Insurani6VP n , <br />S� <br />(Name of Surety3' Lr ;• (`'�,' ` <br />c sC • ass.. , . i,� � %:. <br />• /1' .:: <br />• cz <br />C; <br />Page 37 of 39 <br />