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BK : 2137 PG : 1096
<br /> SECTION 00612
<br /> Bond #08805732 PAYMENT BOND
<br /> KNOW ALL MEN BY THESE PRESENTS,
<br /> BYTHISBOND, We " S . P . S . Contracting , Inc . - 9015 Americana Rd . , Suite # 1
<br /> Vero Beach , FL 32966 C-;72�) 1�78- qpe
<br /> as Principal and "' Fidelity & Deposit Company of Maryland
<br /> 863 Creston Dr . , Maitland , FL 32751 eyQ726a9 - /�6'-S
<br /> " INSERT NAME, PRINCIPAL BUSINESS ADDRESS, AND PHONE NUMBER OF 77fE CONTRACTOR
<br /> ASSERT NAME, P�RIINCIP�AQL BUSINESS ADDRESS, ANDPHONE
<br /> $NUMBER OF THE �
<br /> $" the sum of
<br /> ` de T ,?y.frOyu T rarKP�g �O Uollers }n River,
<br /> 9l2nda, �� amounting to
<br /> Seven un re x y- wo o ars - 275 7
<br /> 100% of the total bid price. For the payment of said sum we bind ourselves, our heirs,
<br /> executors, administrators and assigns, iointly and severally, for the faithful performance of a
<br /> certain written Contract, dated the (o^ day of 1440" eq 2007, entered
<br /> into between the Principal and the County of Indian River, for.
<br /> Project Name: Force Main Construction for the West Wastewater
<br /> Transmission System, Phase 1
<br /> County Project Number: UCP-2628
<br /> County Bid Number: 2007028
<br /> CDBG Contract #: N/A
<br /> Project Location: Intersection of 82nd Avenue and 8th Street to Intersection of
<br /> 58th Avenue and 5th Street SW
<br /> Project Description : Furnish all labor, equipment, and materials necessary to construct
<br /> approximately 24, 113-LF of 24-inch forcemain including, butnot
<br /> necessarily limited to, a total of 3489-LF horizontal directional drill
<br /> at seven (7) locations, all fittings, pipe, appurtenances, clearing ,
<br /> restoration, and all testing as shown on the drawings and as
<br /> depicted In these documents.
<br /> A copy of said Contract including all Contract Documents therein referenced and made a part
<br /> thereof is incorporated herein by reference and Is made a part hereof as If fully copied herein .
<br /> NOW, THEREFORE, THE CONDITIONS OF THIS OBLIGATION ARE SUCH, that, if the
<br /> Principal shall promptly make payments to all claimants, as defined below, then this obligation
<br /> shall be void; otherwise, this Bond shall remain in full force and effect, subject to the following
<br /> terms and conditions:
<br /> 1 . A claimant Is defined as any person supplying the Principal with labor, materials or
<br /> supplies, used directly or indirectly by the Principal in the prosecution of the Work
<br /> provided for in said Contract, and Is further defined in Florida 'Statutes Section
<br /> 713.01 .
<br /> 2, The provisions of Florida Statutes Section 255,05 together with all notice and time
<br /> provisions contained in Florida Statutes Section 256.06(2) shell apply to this Bond.
<br /> 044572015
<br /> 00612 - 1
<br /> A TRUE COPY
<br /> CERTIFICATION ON LAST PAGE
<br /> J . K. BARTON, CLERK
<br />
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