Laserfiche WebLink
PUBLIC CONSTRUCTION BOND <br />Bond No. <br />(enter bond number) <br />BY THIS BOND, We , as Principal and , a corporation, as Surety, <br />are bound to herein called COUNTY, in the sum of $ , for payment of <br />which we 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 between Principal and COUNTY for <br />construction of , the contract being made a <br />part of this bond by reference, at the 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, supplying <br />Principal with labor, materials, or supplies, used directly or indirectly by Principal in the prosecution of the <br />work provided for in the contract; and <br />3. Pays COUNTY all losses, damages, expenses, costs, and attorney's fees, including appellate <br />proceedings, that COUNTY 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 specified in <br />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 notice <br />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 formalities <br />connected with the contract or the changes does not affect Surety's obligation under this bond. <br />DATED ON <br />a <br />(Name of Principal) <br />(As Attorney in Fact) <br />(Name of Surety) <br />Agreement - 13 44 <br />