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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 NinetySeven 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:
<br />County Project Bid Number:
<br />County UCP Number:
<br />Project Address,
<br />Project Description:
<br />Assessment arolect
<br />20_
<br />3014
<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 voA; '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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