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PERFORMANCE BOND <br /> Bond No.: 107464480 <br /> BALLARD MARINE CONSTRUCTION,LLC <br /> The City of Everett has awarded to (Principal),a contract for the construction of the project <br /> designated as On-Call Commercial Diving Services, Bid No.2021-052,in Everett,Washington(Contract),and said Principal is required <br /> to furnish a bond for performance of all obligations under the Contract. <br /> TRAVELERS CASUALTY AND SURETY <br /> The Principal,and COMPANY OF AMERICA (Surety),a corporation organized under the laws of the State of <br /> Connecticut 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 Accounts, U.S.Treasury <br /> Dept.,are jointly and severally held and firmly bound to the City of Everett in the sum of One Hundred Seven Thousand Three- <br /> Hundred Seventy five&62/100 US Dollars($ 107,375.62 ),which is the Required Bond Amount, <br /> subject 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 terms and <br /> conditions of all duly authorized modifications,additions,and changes to said Contract that may hereafter be made,at the time and <br /> in the manner therein specified;and if such performance obligations have not been fulfilled,this bond shall remain in full force and <br /> effect. <br /> The Surety for value received agrees that no change,extension of time,alteration or addition to the terms of the Contract,the <br /> specifications accompanying the Contract,or to the work to be performed under the Contract shall in any way affect its obligation <br /> on this bond,and waives notice of any change,extension of time,alteration or addition to the terms of the Contract or the work <br /> performed.The Surety agrees that modifications and changes to the terms and conditions of the Contract that increase the total <br /> amount to be paid 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 officers.This bond <br /> 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 <br /> surety. Dated this (`4°°day of 1Li4 ,20,2L. <br /> PRINCIPAL; BALLARD MARINE CONSTRUCTION,LLC SURETY.TRAV RS CASUALTY Ar SURE OMPANY OF AMERICA <br /> • <br /> Printed Name: Printed Name: Salena Wood <br /> • <br /> Title:. .,1"t t)t&e.1 I C2.0 Title: Attorney-In-Fact <br /> Name,address,and telephone number of local office/agent of Surety is: <br /> Aon Risk Services Central,Inc. <br /> 4220 Duncan Avenue,Suite 401 <br /> St. Louis,MO 63110 <br /> 314-719-3854 <br /> PERFORMANCE BOND APPROVED BY <br /> CITY OF EVERETT,WASHINGTON ATTES . APPROVED AS TO FORM: <br /> By: '.,. <br /> Cassie rrankl77 ( <br /> ,Mayor Sharon Fuller,City Clerk City Attorney <br /> Date: /1 /l Date: //—/f• --�� / Date: //' /7 30.3.1 <br />