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PUBLIC CONSTRUCTION BOND <br />Bond No. 30164018/016237163 <br />(enter bond number) <br />BY THIS BOND, We C.W. Roberts Contracting, Inc. , as Principal and _ <br />Western Surety Company and Liberty Mutual Insurance Company a corporation, as Surety, are bound to Indian River County, aPolitical Subdivision ofthe State ofFlorida <br />, herein called Owner, in the sum of $ 4,989,884.10 , 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 July 12 , 2022 , between Principal and Owner for <br />construction of Indian River Boulevard Resurfacing from 53rd Street to the Merrill Barber Bridge , 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 Surety's <br />obligation under this bond. <br />DATED ON August 2, 2022 <br />00610-4 <br />C.W. Roberts Contracting, Inc. <br />Name of Principal) <br />By <br />(As Attorney in Fact <br />Western Surety Company and Liberty Mutual Insurance Company <br />(Name of Surety) <br />By: ��Q <br />Renee Ellis, Attorney in Fact, License No. D011432 <br />00610 - Public Construction Bond.doc <br />C:\Users\rellis.INTERNAL1AppData\Local\Microsoft\Windows\INetCache\Conlent.Outluok\5U4103BK\00610 - Public Construction <br />Bond.doc <br />