Great Floors LLC 9/10/2021 - Laserfiche WebLink

PERFORMANCE BOND Bond No.: 0240136 The City of Everett has awarded to Great Floors,LLC (Principal),a contract for the construction of the project designated as Forest Park Administration Building Re-Carpet Project,in Everett,Washington(Contract), and said Principal is required to furnish a bond for performance of all obligations under the Contract. The Principal,and Berkley Insurance Company (Surety),a corporation organized under the laws of the State of Delaware _and licensed to do business in the State of Washington as surety and named in the current list of"Surety Companies Acceptable in Federal Bonds"as published in the Federal Register by the Audit Staff Bureau of Accounts,U.S.Treasury Dept., are jointly and severally held and firmly bound to the City of Everett in the sum of Thirty-six thousand two hundred forty-seven and 73/100 US Dollars($ 36,247.73 )Total Contract Amount,subject to the provisions herein. This statutory performance bond shall become null and void,if and when the Principal,its heirs,executors,administrators, successors,or assigns shall well and faithfully perform all of the Principal's obligations under the Contract and fulfill all the terms and conditions of all duly authorized modifications,additions,and changes to said Contract that may hereafter be made,at the time and in the manner therein specified;and if such performance obligations have not been fulfilled,this bond shall remain in full force and effect. The Surety for value received agrees that no change,extension of time,alteration or addition to the terms of the Contract, the specifications accompanying the Contract,or to the work to be performed under the Contract shall in any way affect its obligation on this bond,and waives notice of any change,extension of time,alteration or addition to the terms of the Contract or the work performed.The Surety agrees that modifications and changes to the terms and conditions of the Contract that increase the total amount to be paid the Principal shall automatically increase the obligation of the Surety on this bond and notice to Surety is not required for such increased obligation. This bond may be executed in two(2)original counterparts,and shall be signed by the parties'duly authorized officers.This bond will only be accepted if it is accompanied by a fully executed and original power of attorney for the officer executing on behalf of the surety. PRINCIPA Great F ors,LLC SURETY Berkley Insurance Company l .�' ,7 Printed Name: <.J,// AifirnC Printed Name: Alexis Apostolidis Title: 4'(t ?Alie44/ /}107/1 Title: Attorney-in-Fact Name, address,and telephone number of local l office/agent of Surety is: Willis Towers Watson One Union Square,600 University St,Suite 3100 Seattle,WA 98101 (205)868-0296 PERFORMANCE BOND APPROVED BY CITY OF EVERETT,WASH TON ATTEST: APPROVED AS TO FORM: Office of the City Attorney ! AAPRoovf AS TO rt�RM David C.Hall,City Attorney Cassie Franklin, ay•r SharonAuller,City Clerk City Attorney., Date: p ?� Date: `9 10�,9'D 2-/ Date: �- .'L