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• <br /> PERFORMANCE BOND <br /> Bond No.:0238246 <br /> The City of Everett has awarded to Burton Construction Inc. (Principal),a contract for the construction of the <br /> project designated as Job Order Contracting for General Construction Services, Project No. 2021-022,in Everett, <br /> Washington(Contract),and said Principal is required to furnish a bond for performance of all obligations under the <br /> Contract. <br /> The Principal,and Berkley Insurance Company(Surety),a corporation organized under the laws of the State of <br /> Delaware and licensed to do business in the State of Washington as surety and named in the current list of"Surety <br /> Companies Acceptable in Federal Bonds"as published in the Federal Register by the Audit Staff Bureau of <br /> Accounts,U.S.Treasury Dept.,are jointly and severally held and firmly bound to the City of Everett in the sum of <br /> ***Two Million and 00/100 US Dollars** ($2,000,000.00)Total Contract Amount,subject to the provisions herein. <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 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 <br /> addition to the terms of the Contract or the work performed.The Surety agrees that modifications and changes to <br /> the terms and conditions of the Contract that increase the total amount to be paid the Principal shall automatically <br /> increase the obligation of the Surety on this bond and notice to Surety is not required for such increased <br /> 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 /> PRINCI L - Burton Con txEM.fion Inc. SURETY - Berkley Ins nce Company <br /> Printed Name<ys Printed Name: Shelly Donovan 0. • <br /> lor <br /> Title:\ Title: Attorney In Fact <br /> Name,address,and telephone number of local office/agent of Surety is: <br /> George C.Schroeder,Alliant Insurance Services, Inc. <br /> 818 W. Riverside Ave.,Ste. 800,Spokane,WA 99201, <br /> (509) 325-3024 <br /> `\ GO RUCT✓P <br /> :c., F; — <br /> cei <br /> SEAL <br /> V <br /> STq........ <br /> E OF <br />