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PUBLIC CONSTRUCTION BOND <br />Bond No. 107196021 <br />(enter bond number) <br />BY THIS BOND, We Dickerson Florida, Inc , as Principal andT-mvelrss <br />Casualty and Suretv Com a iy of America, a corporation, as Surety, are bound to Indian River County, <br />herein called Owner, in the sum of $ 235,410.00 , 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 6 , 2021 , between Principal and Owner for <br />construction Of Round Island Park Emergency and Heavy Eauioment Beach Acces , 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 April 6. 2021 , <br />Dickerson Florida Inc <br />Name ofrinc'i al• <br />Y<:::2' <br />Astorne in Fact <br />Travelers Casualty and Surety Comer yofAmerica <br />N M e of Soret <br />;;Karen Mi,. Beard, Atlor ey-in•Facl a 'd•FI &ciens�e 'Agent' • �' <br />00610-3 <br />00610 - Public Construction Bond <br />F:\PublIc works\ENGINEERING DIVISION PROJECTS\1927 Round Island Beach Access\1-Admin\Bids\Bid Documents\Master <br />Contract Documents\00610 - Public Construction Bond.doc <br />