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City of Everett 006113 - 3
<br /> 2021 Biosolids and Backwash Solids Removal UT 3752-1 / 20
<br /> PAYMENT BOND
<br /> Bond No. 800078618
<br /> The City of Everett has awarded to Merrell Bros., Inc. (Principal), a contract for the construction of
<br /> the project designated as 2021 Biosolids and Backwash Solids Removal, UT 3752-1 /20, in Everett, Washington
<br /> (Contract), and said Principal is required under the terms of that Contract to furnish a payment bond in accord
<br /> with Title 39.08 Revised Code of Washington (RCW) and (where applicable) 60.28 ROW.
<br /> The Principal, and Atlantic Specialty Insurance Company (Surety), a corporation organized under the
<br /> laws of the State of New York 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
<br /> bound to the City of Everett in the sum of One Million,Thirty-eight Thousand,Seven Hundred Ninety-two&30/100 US Dollars
<br /> ($ 1,038,792.30 )Total Contract Amount, subject to the provisions herein.
<br /> This statutory payment bond shall become null and void, if and when the Principal, its heirs, executors,
<br /> administrators, successors, or assigns shall pay all persons in accordance with RCW Titles 39.08 and 39.12
<br /> including all workers, laborers, mechanics, subcontractors, and material suppliers, and all persons who shall
<br /> supply such contractor or subcontractor with provisions and supplies for the carrying on of such work and shall
<br /> pay the taxes, increases, and penalties incurred on the project; and if such payment obligations have not been
<br /> 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 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, except as provided herein, and waives notice of any change, extension
<br /> of time, alteration or addition to the terms of the Contract or the work performed. The Surety agrees that
<br /> modifications and changes to the terms and conditions of the Contract that increase the total amount to be paid
<br /> the Principal shall automatically increase the obligation of the Surety on this bond and notice to Surety is not
<br /> 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 /> officers. This bond will only be accepted if it is accompanied by a fully executed and original power of attorney for
<br /> the officer executing on behalf of the surety.
<br /> PRINCIPAL SURETY
<br /> Merrell Bros., Inc. Atlantic Specialty Insurance Company
<br /> Printed Name:• bus-r Printed Name: du1/4/T,,,AlrA
<br /> Title: ,e()1
<br /> c.s.o.o Title: Jennifer L. Salm, Attorney-in-Fact
<br /> Name, address, and telephone number of local office/agent of Surety is:
<br /> Marsh & McLennan Agency LLC
<br /> P.O. Box 37, Dayton, Ohio 45401
<br /> 937-228-4135
<br /> PAYMENT BO PROVED BY _
<br /> CITY OF E ETT, ASHINGTON ATTE : AP tf4 'Q, f Rby:
<br /> �._ APPROVED AS TO FORM
<br /> David C.Bali,City ktornFeli
<br /> By:
<br /> Cassie Franklin, Mayor Sharon Fuller, City Clerk David Hall, City Attorney
<br /> Date: — 2I Date: � ( J-61 31 Date: C• 3 ( - 2
<br /> 00 6113 - 3 PERFORMANCE BOND AND PAYMENT BOND
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