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PUBLIC CONSTRUCTION BOND <br />Bond No. PB12270900392 <br />(enter bond number) <br />Atlantic Roofing II Philadelphia Indemnity <br />BY THIS BOND, We of Vero Beach, Inc. , as Principal and Insurance Company a <br />corporation, as Surety, are bound to Indian River County , herein called Owner, in the sum of <br />$1,525,630.19 , for payment of which we bind ourselves, our heirs, personal representatives, <br />successors, and assigns, jointly and severally. <br />THE CONDITION OF THIS BOND is that if Principal: <br />1. Performs the contract dated June 8. 2021 , between Principal and Owner for construction of <br />Indian River County Courthouse Roof Replacement, the contract being made a part of this bond by reference, at the <br />times and in the manner prescribed in the contract; and <br />2. Promptly makes payments to all claimants, as defined in Section 255.05(1), Florida Statutes, <br />supplying Principal with labor, materials, or supplies, used directly or indirectly by Principal in the <br />prosecution of the work provided for in the contract; and <br />3. Pays Owner all losses, damages, expenses, costs, and attorney's fees, including appellate <br />proceedings, that 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 <br />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 with the <br />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 with any <br />formalities connected with the contract or the changes does not affect Surety's obligation under <br />this bond. <br />DATED ON June 21, 2021 <br />Philadelphia Indemnity Insurance Company <br />(Name of Surety) <br />By UPI <br />Brett Rosenhaus, Attorney -in -Fact <br />& Florida Licensed Agent , <br />Public Construction Bond - 00610 - 3 <br />FAPublic WorksTNGINEERING DIVISION PROJECTS\1764 IRC Courthouse Roof Replacement\t-Admin\Bids\Bid.Documents\Master Bid Documents\DIV 0 3 Contract <br />Forms - 20210223.docx <br />