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Transblue LLC 7/13/2020
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Transblue LLC 7/13/2020
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Entry Properties
Last modified
7/29/2020 11:08:53 AM
Creation date
7/29/2020 11:08:25 AM
Metadata
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Template:
Contracts
Contractor's Name
Transblue LLC
Approval Date
7/13/2020
Department
Purchasing
Department Project Manager
Trevor Kyllingmark
Subject / Project Title
High Security Fence - Smith Street
Public Works WO Number
SWR IFQ 2020-036
Tracking Number
0002368
Total Compensation
$64,810.27
Contract Type
Agreement
Retention Period
6 Years Then Destroy
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cavil Copy <br /> PERFORMANCE BOND <br /> Bond No.: 609203060 <br /> The City of Everett has awarded to Transblue LLC (Principal),a contract for the construction of the project <br /> designated as High Security Fence—Smith Street,Project No.2020-036,in Everett,Washington(Contract),and said <br /> Principal is required to furnish a bond for performance of all obligations under the Contract. <br /> The Principal,and The Ohio Casualty Insurance Company (Surety),a corporation organized under the laws of the <br /> State of New Hampshire and licensed to do business in the State of Washington as surety and named in the <br /> current list of"Surety Companies Acceptable in Federal Bonds"as published in the Federal Register by the Audit Staff <br /> Bureau of Accounts,U.S.Treasury Dept,are jointly and severally held and firmly bound to the City of Everett in the sum of <br /> Sixty Four Thousand Eight Hundred Ten and 27/100 US Dollars($ 64,810.27— )Total Contract Amount,subject <br /> to the provisions herein. <br /> This statutory performance bond shall become null and void,if and when the Principal,its heirs,executors,administrators, <br /> successors,or assigns shall well and faithfully perform all of the Principal's obligations under the Contract and fulfill all the <br /> terms and conditions of all duly authorized modifications,additions,and changes to said Contract that may hereafter be <br /> made,at the time and in the manner therein specified;and if such performance obligations have not been fulfilled,this <br /> 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 the terms of the Contract, <br /> the specifications accompanying the Contract,or to the work to be performed under the Contract shall in any way affect its <br /> obligation on this bond,and waives notice of any change,extension of time,alteration or addition to the terms of the <br /> Contract or the work performed.The Surety agrees that modifications and changes to the terms and conditions of the <br /> Contract that increase the total amount to be paid the Principal shall automatically increase the obligation of the Surety on <br /> 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 officers.This <br /> bond will only be accepted if it is accompanied by a fully executed and original power of attorney for the officer executing <br /> on behalf of the surety. <br /> PRINCIPAL nsblue LLC SUR The hlo ualty Insurance Company <br /> f/?JZeiZ6 <br /> Printed Name: r/, L/ t`�f Printed Name: Alec Kleiner • <br /> Title: V, 6,(1 a,N,4o4 S Title: Attorney-In-Fact <br /> Name,address,and telephone number of local office/agent of Surety is: <br /> Bonding Solutions <br /> Agent:Alec Kleiner <br /> 2855 E.Brown Road,Suite 9 <br /> Mesa,AZ 85213 <br /> 480.835.6745 <br />
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