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CONTRACTOR (Name and Address):
<br />Summit Construction Management, Inc
<br />1 1940 - 58th Avenue, Suite C
<br />Vero $each, FL 32966
<br />I , 561-794-2099
<br />OWNER (Name and Address):
<br />Indian River County Board of County Comttlissioners
<br />I 2625 19th Avenue
<br />Vero Beach, FL 32960
<br />PAYMENT BOND
<br />The American Institute of Architects, AIA Document No. A312
<br />December, 1984 Edition). Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable.
<br />SURETY (Name and Principal Place of Business):
<br />Old Republic Surety Company
<br />P.O. Box 4668
<br />Winter Park, FL 327934668
<br />407-677-0080
<br />t CONSTRUCTION CONTRACT
<br />Date: July, 1999
<br />Amount: 258,349,00
<br />Description (Name and Location):
<br />IRC Bid 9061 Dale Wimbroly Park ImprovementsE
<br />Bond# OCN490138
<br />Date (Not earlier than Construction Contract Date):July 20, 1999Amount: 258,349.00
<br />I Modifications to this Bond: ® None See Page 2
<br />CONTf1AG flR• AS'FtINCIPALi >!t SURETY
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<br />I SignatureJameand Title: willlatn B; Schu'Jr., President Signature:
<br />Name and e: James E. Dickmcycr, Attorney*;
<br />An additional a[ natures ear ona e2. rrt))))i;.,
<br />i FOR INFORMATION ONLY—Name, Address and Telephone) GENT or BROKER: The Diclaneyer Agency OWNER'S REPRESENTATIVE (Architect, Engineer or otheri
<br />607 St Lucie Crescrnt, Stuart, FL 34994 Party);
<br />1 The Contractor and the Surety Jointly and severally, bind them- elves, their heirs, executors, administrators, successors and asst nstheOwnertopayforlabor, materials and equipment furnishedgfor 4,1 Claimants'who are employed by or have a direct contract with theContractorhavegivennotice to the Surety (at the address describedUseIntheperformanceoftheConstruction Contract, which Is Incor- porated herein by reference. In Paragraph 12) and sent a copy, or notice thereof, to the Owner, staling that a claim Is being made under
<br />With respect to the Owner, this obligation shall be null and void if
<br />this Bond and, with sub_ stantial accuracy, the amount of the claim.
<br />Is Contractor:
<br />2.1 Promptly makes payment, directly or Indirectly, 4.2 Claimants who do not have a direct contract with the Contractor: 1 Have furnished written notice to theforallsumsdueClaimants, and Contractor and sent a copy, or notice thereof, to the Owner, within 90 days after having last2.2 De/ends, Indemnifies and holds harmless the Owner fromclaims, demands, liens or sults by any performed labor or last furnished materials or equipment includedtheclaim stating, substantialpersonorentity whoseclaim, demand, Ilan or suit Is for the payment for labor, materials accuracy, the amount of thelclaim and the name of the partyof materials werewhomthedoneorequipment furnished for use In the performance of the Construe- tion Contract, provided the Owner has
<br />anishedorsuppliedorfor whom the labor was done or performed; and ed;
<br />promptly notified the Con• tractor and the Surety (at the address described In Paragraph 12)
<br />of any claims; demands, liens or suite and tendered
<br />a rejection in whole2Haveeither
<br />received in part from tea Con - Con- Tractor, or not received within 30 daysdefenseof
<br />such claims, demands, liens or sults to the Contractor and the
<br />isoffurnishing the above noticeany communication from the Contractor by which the ContractorSurety, and provided there Is no Owner Default. has indicated the claim will be paid directly or Indirectly; andlathrespecttoClaimants, this obligation shall be null and void I/ thethe Contractor promptly makes payment, direct) or Indirect) fory
<br />3 Not having been paid within the above 30 days, have sent a
<br />notice the Surety (at the address described Paragraphgems due.
<br />y all
<br />he
<br />a12) and sent a copy, or notice thereof, to the Owner,, stating thatSurety shall have no obligation to Claimants under this Bond until: s being me under this Bond and enclosing copy ofthelprevaalmliouswrritteonoticefurnishedtothe
<br />Contractors
<br />6WIC 27114 (7-03)
<br />Pagel Of 2
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