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ICity of Everett 00 61 13 - 3
<br /> Water Filter Plant Emergency Generator Replacement WO# 3587
<br /> IBond No. 9406516 PAYMENT BOND
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<br /> The City of Everett has awarded to IMCO General Construction, Inc. (Principal), a contract for the construction of
<br /> the project designated as Water Filter Plant Emergency Generator Replacement. WO#3587, in Everett,
<br /> Washington(Contract), and said Principal is required under the terms of that Contract to furnish a payment bond
<br /> in accord with Title 39.08 Revised Code of Washington (RCVV) and(where applicable) 60.28 RCW.
<br /> IThe 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 Federa!
<br /> I
<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 Four Million Eight Hundred Seventy Four Thousand* US Dollars
<br /> ($4,874,905 ,Total Contract Amount, subject to the provisions herein.
<br /> *Nine Hundred Five and 00/100
<br /> I 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 /> I 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 /> I 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
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<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 /> I 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 /> `,.% v.: executing on behalf of the surety.
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<br /> �r QG N �C ' 1�,� 0 General Construction, Inc. SURETY Fidelity and Deposit Company of Maryland ,D` ,ail7
<br /> 1 • �+� 't G
<br /> • �4i) - Na, ' i YVA I Printed Name. Katharine J. Snider 1
<br /> "S% -N P . J=- i Title. Attorney-in-Fact • •"
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<br /> I '1�k�Q -- ess, and telephone number of local o"iceia9ent of Surety is ®�1,,,N
<br /> Propel Insurance
<br /> I 601 Union Street, Suite 3400
<br /> Seattle, WA 98101
<br /> (206) 676-4200
<br /> I PAYMENT BOND- PROV D
<br /> CITY OF E� TT.WAS TON ATTEST: STANDARD DOCUMENT
<br /> I i APPROVED AS TO FORM:
<br /> I
<br /> By.
<br /> ,ice%
<br /> �' OFFICE OF THE CITY
<br /> assie ranklin, Mayor ,h l ty Clerk ATTORNEY
<br /> Date: 4l2i �ra 7. Date: •i_ 1 - (10.22,21)
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<br /> 00 61 13 - 3 PERFORMANCE BOND AND PAYMENT BOND
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