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2003-270
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2003-270
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mum period of limitation available to sureties as a de- of the Contractor to furnish labor, materials <br /> or <br /> fense in the jurisdiction of the suit shall be applicable . equipment for use in the performance of the Con- <br /> 12 Notice to the Surety , the Owner or the Contractor tract. The intent of this Bond shall be to <br /> include <br /> shall be mailed or delivered to the address shown on the without limitation in the terms "labor, materials or <br /> signature page. Actual receipt of notice by Surety, the equipment" that part of water, gas , power, light, <br /> Owner or the Contractor, however accomplished , shall heat, oil, gasoline, telephone service or rental <br /> be sufficient compliance as of the date received at the equipment used in the Construction Contract, archi- <br /> address shown on the signature page. tectural and engineering services required for per- <br /> formance of the work of the Contractor and the Con- <br /> 13 When this Bond has been furnished to comply with a tractor's subcontractors, and all other items for which <br /> statutory or other legal requirement in the location where a mechanic's lien may be asserted in the jurisdiction <br /> the construction was to be performed , any provision in where the labor, materials or equipment were fur- <br /> this Bond conflicting with said statutory or legal require- nished . <br /> ment shall be deemed deleted herefrom and provisions 15.2 Construction Contract: The agreement between <br /> conforming to such statutory or other legal requirement the Owner and the Contractor identified on the sig- <br /> shall be deemed incorporated herein . The intent is that nature page, including all Contract Documents and <br /> this Bond shall be construed as a statutory bond and not changes thereto. <br /> as a common law bond . <br /> 14 Upon request by any person or entity appearing to be 15.3 Owner Default: Failure of the Owner, which has <br /> a potential beneficiary of this Bond , the Contractor shall neither been remedied nor waived , to pay the con- <br /> promptly furnish a copy of this Bond or shall permit a tractor as required by the Construction Contract or to <br /> copy to be made . perform and complete or comply with the other terms <br /> thereof. <br /> 15 DEFINITIONS <br /> 15.1 Claimant: An individual or entity having a direct <br /> contract with the Contractor or with a subcontractor <br /> MODIFICATIONS TO THIS BOND ARE AS FOLLOWS : <br /> (Space is provided below for additional signatures of added parties, other than those appearing on the cover page. ) <br /> CONTRACTOR AS PRINCIPAL SURETY <br /> Company: ( Corporate Seal) Company: ( Corporate Seal) <br /> Signature: Signature: <br /> Name and Title : Name and Title : <br /> Address: Address: <br /> Printed in cooperation with the American Institute of Architects (AIA) by the Old Dominion Insurance Company. The language in this <br /> document conforms exactly to the language used in AIA Document A312, December 1984 edition , third printing, March, 1987. <br /> 68-5301 (7/96) Page 6 of 6 <br /> A TRUE Copy <br /> CERTIFICATION ON LAST PAGE <br /> J . K . BARTON , CLERK <br />
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