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Ci of Everett <br /> in <br /> III , ,ty 006113 1 <br /> , . 2022 Tulalip Water Pipeline Mortar Repair UT 3774 <br /> III <br /> SECTION 00 6113 - PERFORMANCE BOND AND PAYMENT BOND <br /> %`_. Bond No.: <br /> 09392086 PERFORMANCE BOND <br /> inri <br /> pi The City of Everett has awarded to Reece Construction Company (Principal), a contract for the construction of <br /> the project designated as 2020 Trickling Filter Media Replacement Project, UP 3742-2, in Everett, Washington <br /> (Contract), and said Principal is required to furnish a bond for performance of all obligations under the Contract. <br /> The Principal, and Fidelity and Deposit Company of Maryland (Surety), a corporation organized under the <br /> laws of the State of Illinois 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 /> z. bound to the City of Everett in the SUM of One Million Fifty-Four Thousand Five Hundred Nineteen and*US Dollars <br /> ($1,054,519.20 )Total Contract Amount, subject to the provisions herein. *2o/1o0 <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 /> II 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. Dated 1/26/2022 <br /> PRINCIPAL SURETY <br /> Reece Construction pany /j _ Fidelity and D positan aryls <br /> Printed Name:AV Att9 K. O ell Printed Name: Heather L. Allen <br /> .t" Title: ! Attorney-in-Fact <br /> Title: Y- <br /> Name, address, and telephone number of local office/agent of Surety is: <br /> 1 <br /> HUB International Northwest,LLC <br /> P.O.Box 3018 <br /> Bothell,WA 98041-3018 <br /> 425-489-4500 <br /> PERFORMANCE BOND APPROVED <br /> BY CITY OF EVE , WASHINGTON ATTEST: STANDARD DOCUMENT <br /> f APPROVED AS TO FORM: <br /> --- 1) 4 <br /> BY: I w OFFICE OF THE CITY <br /> assie ran yor , City lerk ATTORNEY <br /> Date: ?j/ f Date: 2 Z� (10.22.21) <br /> 00 6113 - 1 PERFORMANCE BOND AND PAYMENT BOND <br />