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PERFORMANCE BOND
<br /> Bond No.: S011663
<br /> The City of Everett has awarded to Road Construction Northwest, Inc. (Prin cipal), a contract for the construction of
<br /> the project designated as Watermain Replacement "U", Project No. UP3698 in Everett, Washington (Contract),
<br /> and said Principal is required to furnish a bond for performance of all obligations under the Contract.
<br /> The Principal, and Employers Mutual Casualty Company (Surety), a corporation organized under the
<br /> laws of the State of Iowa and licensed to do business in the State of Washington as surety
<br /> and named in the current list of"Surety Companies Acceptable in Federal Bonds" as published in the Federal
<br /> Register by the Audit Staff Bureau of Accounts, U.S. Treasury Dept., are jointly and severally held and firmly bound
<br /> to the City of Everett in the sum of One Million Six Hundred Ninety Eight Thousand Six Hundred'US Dollars
<br /> ($ 1,698,632.90 , Total Contract Amoun t, subject to the provisions herein. *Thirty Two and 90/100THS
<br /> This statutory performance bond shall become null and void, if and when the Principal, its heirs, executors,
<br /> administrators, successors, or assigns shall well and faithfully perform all of the Principal's obligations under the
<br /> Contract and fulfill all the terms and conditions of all duly authorized modifications, additions, and changes to said
<br /> Contract that may hereafter be made, at the time and in the manner therein specified; and if such performance
<br /> obligations have not been fulfilled, this bond shall remain in full force and effect.
<br /> The Surety for value received agrees that no change, extension of time, alteration or addition to theiitrlP31b1'tMd4e1
<br /> Contract , the specifications accompanying the Contract, or to the work to be performed under the tteditailAitcin 10..,
<br /> any way affect its obligation on this bond, and waives notice of any change, extension of time, Ote qn•0 • ifip `if `'.,
<br /> to the terms of the Contract or the work performed. The Surety agrees that modifications and qj1 60 •����'�
<br /> and conditions of the Contract that increase the total amount to be paid the Principal shall auib tit;all increas • `n
<br /> P . �. y t
<br /> the obligation of the Surety on this bond and notice to Surety is not required for such increasf d�tlligaSi • ;
<br /> EAI, •• r
<br /> This bond may be executed in two (2) original counterparts, and shall be signed by the partie��dul4uthorized •: 1
<br /> officers. This bond will only be accepted if it is accompanied by a fully executed and original pkve4•a taaaty t ,•Ir
<br /> the officer executing on behalf of the surety. December 12,2019 +�.•'9S 0�••,�
<br /> PRI CIRC .dad onstfuction Northwest, Inc. SURETY Em loyers Mutual Cas alty Company
<br /> , "''`ilile,�,`
<br /> P4ted Na JEPVii E'( Ni. KANYER Printed Name: Heather L.Allen
<br /> Title: PRESIDENT Title: Attorney-in-Fact
<br /> Name, address, and telephone number of local office/agent of Surety is:
<br /> Propel Insurance
<br /> PO Box 2940,Tacoma,WA 98401-2940
<br /> (253)759-2200
<br /> PERFORMANCE BOND APPROVED
<br /> BYATTEST: APPROVED AS TO FORM:
<br /> CITY OF EVERET1 , •SHINGTON Office of the City Attorney
<br /> c / APPROVED AS TO FORM
<br /> 0 �// I. David C.Hall,City Attorney
<br /> By . . . . W6
<br /> assie Fj an lin, Mayor Sharon Fuller, City Cle David C. Hall, City Attorney
<br /> Date: �2 3/t h Date: /a),/ ;�/ / eJ/l Date: i 2. . Z 7. t 1
<br /> Watermain Replacement"U" Division C-CONTRACT October 1,2019
<br /> WO No. UP3698 SP-37
<br /> Provided to Builders Exchange of WA, Inc. For usage Conditions Agreement see www.bxwa.com - Always Verify Scal
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