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40 <br />40 <br />i <br />A <br />INDIAN RIVER COUNTY, FLORIDA <br />WABASSO CAUSEWAY PARK <br />BEAUTIFICATION PROJECT <br />COUNTY PROJECT NO, 9623 <br />KNOW ALL MEN BY THESE PRESENTS: <br />That we <br />as Principal, and <br />as Surety, are held and firmly bound <br />unto the County of Indian River in the sum of _ Dollars <br />($ ) amounting to 125% of the total bid price, for the payment of said sum we bind <br />ourselves, our heirs, executors, administrators and assigns, jointly and severally, for the faithful <br />performance of a certain written contract, dated the of , 19_, entered into <br />between the Principal and the County of Indian River, Florida, for: <br />A copy of said Contract is incorporated herein by reference and is made a part hereof as <br />if fully copied herein. <br />NOW, i HEREFURE, THE CONDITIONS OF THIS OBLIGATION ARE. SUCH, that if the <br />Principal shall in all respects comply with the terms and conditions of said Contract and his <br />obligations thereunder, including all of the Contract Documents (that include the Advertisement <br />for or Bids, Instructions to Bidders, Proposal, Bid Bond, Contract, Performance Band, <br />Specifications, Addenda and Drawings), therein referred to and made a part thereof, and such <br />alterations as may be made in said Drawings and Specifications as therein provided for, and shall <br />indemnify and save harmless the County of Indian River against and from all expenses, damages, <br />injury or conduct, want of care of skill, negligence or default, including patent infringement on the <br />part of said Principal, his agents or employees, in the execution or performance of said Contract, <br />including errors in the Drawings furnished by said Principal, and further, if the Principal shall <br />promptly make payments to all who supply him, with labor and/or materials, used directly or <br />indirectly by the Principal in the prosecution of the work provided for in said Contract, then this <br />obligation shall be null and void; otherwise, the Principal and Surety, jointly and severally, agree <br />to pay the County of Indian River any difference between the sum that the County of Indian River <br />may be obliged to pay tar the completion of said work, by Contract or otherwise, and any <br />damages, whether direct, indirect, or consequential, which the County of Indian river may incur <br />as a result of the failure of the said Principal to properly execute all of the provisions of said <br />Contract. <br />AND, the said Principal and Surety hereby further bind themselves, their successors, <br />executors, administrators and assigns, jointly and severally, that they will amply and fully protect <br />the County of Indian River against, and will pay any and all amounts, damages, costz and <br />judgments which may be recovered against or which the Owner may be called upon to pay to any <br />