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This bond voids and replaces SECTION 00612 Bond No . 3344409
<br /> one issued on 10/16/2008 PAYMENT BOND Executed in 2 Counterparts
<br /> THIS IS AN INSTRUCTION , NOT PART OF THE BOND The bond must state on its front page
<br /> the name , principal business address , and phone number of the contractor, the surety, the
<br /> owner of the property being improved , and , if different from the owner, - the contracting public
<br /> entity ; the contract number assigned by the contracting public entity ; and a description of the
<br /> project sufficient to identify it , such as a legal description or the street address of the property
<br /> being improved , and a general description ' of the improvement , and the bond number.
<br /> Derrico Construction Corporation, 101 West Brevard Drive , Melbourne, FL 32935-1177 (321 ) 254-2291
<br /> Great American Insurance Company, 580 Walnut Street, Cincinnati, OH 45202 (513) 369-5000
<br /> Four Hundred Ninety Seven Thousand Two Hundred Twenty Nine and No/100ths
<br /> KNOW ALL MEN BY THESE PRESENTS:
<br /> BY THIS BOND , we * See Above * , as Principal , and `* See Above ** a
<br /> corporation , as Surety, are held and firmly bound unto the County of Indian River Florida , in the
<br /> sum of *** See Above *** Dollars ($ 497,_ 22s.oq , amounting to 100% of the
<br /> total bid price. For the payment of said sum we bind ourselves , our heirs , executors ,
<br /> administrators and assigns , jointly and severally , for the faithful performance of a certain written
<br /> Contract , dated the 14th day of October , 20 os , entered into between
<br /> the Principal and the County of Indian River, for: Owner Address: 1800 27th Street, Building B
<br /> Vero Beach , FL 32960-3365
<br /> (772) 567-8000
<br /> Project Name : San Sebastian_ Springs Subdivision Water
<br /> As_sment arolect
<br /> County Project Bid Number: 20_
<br /> County UCP Number: 3014
<br /> Project Address , San_ Sebastian Springs Subdivision , Sebastia .:l FL
<br /> Project Description : -�-
<br /> A. CONTRACTOR shall coMplete all work as specified or indicated in the Contract Documents .
<br /> The work is generally de,jcribed as follows which shall include , but is not necessarily limited
<br /> to the following :
<br /> Furnish and install about 12,000 LF of 6" PVC water main , 1 , 500 LF of 4" PVC water
<br /> main , 1 , 500 LF of . 2" PE water main , 16 fire hydrants , 131 water services and
<br /> restoration .
<br /> A copy of said Contract is incorporated herein by reference and is made a part hereof as if fully
<br /> 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 herein below defined , then this
<br /> oblt!Iation shall be void; 'Otherwise , this Bond shall remain in full force and effect , subject to the
<br /> following 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 /> 00612 - 1
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