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I
<br /> IPERFORMANCE BOND
<br /> Bond No.: 107276535
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<br /> The City of Everett has awarded to Interwest Construction, Inc. (Principal), a contract for the construction of
<br /> the project designated as Sewer 0 Utility Upgrades, Project No. UP3691, in Everett, Washington (Contract), and
<br /> said Principal is required to furnish a bond for performance of all obligations under the Contract.
<br /> The Principal, and Tr velers casualty and Surety Company of.E t )a a corporation organized under the
<br /> laws of the State of Connecticut 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 /> I
<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 ** US Dollars
<br /> ($ 4,234,567.89 )Total Contract Amount, subject to the provisions herein.
<br /> I **Four Million Two Hundred Thirty-Four Thousand Five Hundred Sixty-Seven Dollars and 89/100
<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 /> I 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 /> I The Surety for value received agrees that no change, extension of time, alteration or addition to the terms of the
<br /> Contract, the specifications accompanying the Contract, or to the work to be performed under the Contract shall in
<br /> any way affect its obligation on this bond, and waives notice of any change, extension of time, alteration or addition
<br /> to the terms of the Contract or the work performed. The Surety agrees that modifications and changes to the terms
<br /> I and conditions of the Contract that increase the total amount to be paid the Principal shall automatically increase
<br /> the obligation of the Surety on this bond and notice to Surety is not required for such increased obligation.
<br /> This bond may be executed in two (2) original counterparts, and shall be signed by the parties' duly authorized
<br /> I ` `\�,,�fi +Kail This bond will only be accepted if it is accompanied by a fully executed and original power of attorney for
<br /> • 5gt `l$ �A9Secuting on behalf of the surety.
<br /> �--,,01 n; f,,0. 1nterwe t onstructio ,Inc. SURETY Travelers Casualty and Surety Company of America
<br /> ; \ilkit)/: �
<br /> SEAL = 67.11 LeCiAls--
<br /> II�, '�44 7�Fa®t"�;�7 m4 �T.ben Twaddle Printed Name: Theresa A. Lamb
<br /> �`'1.� , Q ® _ President Title: Attorney-in-Fact
<br /> IName, address, and telephone number of local office/agent of Surety is:
<br /> HUB International NW, LLC
<br /> P. O. Box 3018 Bothell,WA 98011-3018
<br /> I (425) 489-4500
<br /> PERFORMANCE BOND APPROVED
<br /> I
<br /> BY ATTEST: APPROVED AS TO FORM:
<br /> CITY OF EVER WASHIN M
<br /> ' /By: �� 3 l,QCI
<br /> I Cassie Fra lin, Mayor :17-ept 14 -? r, City Clerk David C. Hall, City Attorney
<br /> Date: //�7 12 7- Date: 1 2_L 17( 2 0 Date: '7, I if. 2.43
<br /> I
<br /> ' Sewer 0 Division C -CONTRACT April,2020
<br /> WO No.-UP3691 SP-43
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