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KNOW ALL MEN BY THESE PRESENTS: <br />BY THIS BOND, We SHELTRA & SON CONSTRUCTION CO., INC. <br />P. 0, -BOX 336o INDIANTOWN, FL RIDA-3180 <br />as Principal and GREAT AMERICAN INSURANCE MPA <br />580 WALNUT STREETs CINCINNATI OHIO 45202 800 331-3379 <br />' INSERT NAME, PRINCIPAL BUSINESS ADDRESS, AND PHONE NUMBER OF THE CONTRACTOR <br />'• <br />INSERT NAME, PRINCIPAL BUSINESS A�hDeDRECSS, AND PHONE NUMBER OF THE SURETY <br />ffRE �HUNDi SftXiY-ftR T9AAND, 7 y la Indian River, Florida, in the sum of <br />.. _..�._, AKIM .I„I1nn ollars t$ 968,328.00 ), amounting to <br />100% of the total bid price. or the payment of said sum we bind ourselves, our heirs, <br />executors, administrators and assigns, jointly and severally, for the faithful performance of a <br />certain written Contract, dated the 20 day of 1J0%&-M41!&� , 200_, entered <br />into between the Principal and the County of Indian River, for: <br />Project Name: Vero Lake Estates Master Planned 12" Water Transmission Main <br />County Project Number: UCP2958 <br />County Bid Number: <br />Project Location: <br />Project Description: <br />2008015 <br />Water Transmission Main <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 />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 255.05(2)(2007) shall apply to this <br />Bond. <br />The Surety, for value received, hereby stipulates and agrees that no charge, extension of time, <br />alteration of or addition to the terms of the Contract or to the work to be performed thereunder <br />or to the Specifications applicable thereto, shall in any way affect its obligations on this Bond, <br />and the Surety hereby waives notice of any such change, extension of time, alterations of or <br />addition to the terms of the Contract, or to the work or to the Specifications. <br />The Surety represents and warrants to the County of Indian River that it has a Best's Key <br />Rating Guide, General Policyholders rating of "A -VII". <br />00612 Payment 9ond.dcc <br />00612-1 <br />1107.0'l!121M WM-V= Lake EvlmestOoelYMN.WepOfl,1tlb01ng ConVe[.1 Spmt:W elons100012 Pay1119n1 Dow 000 Am,Owl <br />