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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 - 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�hDeDRESS, AND PHONE NUMBER OF THE SURETY <br /> ffRE ' HUND SftX1Y - ftR TORAND , 7 County la Indian River, Florida , in the sum of <br /> ollars ($ 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 1Jo %&zn 4ee- 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: 2008015 <br /> Project Location: 22 934 LF + of 12" water main along the following route From <br /> CR512 south on 104 Avenue then east on 93'0 Street then <br /> south on 103' Court then west on 890 Street then south on 104 <br /> ul <br /> Avenue then east on 79 ' Street then northon 9161 Avenue then <br /> east on 85"' Place . to CR 510_ <br /> Project Description: 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 /> 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 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 Bond.dcc <br /> 00612 . 1 <br /> 1107. 12 IM, WM - V= Lake EvlmestOadYMN.Wepafl,ltlbtling conVeq sp cif ionsv=12 Peynwnt oaw.A Am, owl <br />