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Bidding Documents and Contract Documents, and evidence of insurance required by the <br /> Bidding Documents and Contract Documents, or <br /> 3.2. All bids are rejected by City, or <br /> 4. Payment under this Bond will be due and payable upon default of Bidder and within thirty <br /> (30) calendar days after receipt by Bidder and Surety of written notice of default from the City, <br /> which notice will be given with reasonable promptness, identifying this Bond and the Project <br /> and including a statement of the amount due. <br /> 5. Surety waives notice of any and all defenses based on or arising out of any time <br /> extension to issue notice of award agreed to in writing by City and Bidder, provided that the <br /> time for issuing notice of award including extensions shall not in the aggregate exceed one <br /> hundred twenty(120) days from Bid Due Date without Surety's written consent. <br /> 6. No suit or action shall be commenced under this Bond prior to thirty (30) calendar days <br /> after the notice of default required in paragraph 4 above is received by Bidder and Surety.Any <br /> suit or action under this bond must be instituted within the time period provided by applicable <br /> law. <br /> 7. The laws of the State of Washington shall apply to the determination of the rights and <br /> obligations of the parties hereunder. Venue for any dispute or claim hereunder shall be the <br /> state courts of Washington in Snohomish County, Washington. <br /> 8. Notice required hereunder shall be in writing sent to Bidder and Surety at their respective <br /> addresses shown on the face of this Bond. Such notices may be sent by personal delivery, <br /> commercial courier or United States Registered or Certified Mail, return receipt requested, <br /> postage prepaid, and shall be deemed to be effective upon receipt by the party concerned. I <br /> 9. Surety shall cause to be attached to this Bond current and effective Power of Attorney <br /> evidencing authority of the officer, agent or representative to execute this Bond on behalf of <br /> Surety to execute and deliver such Bond and bind the Surety thereby. I <br /> 10. This Bond is intended to conform to all applicable statutory requirements.Any applicable <br /> requirement of any applicable statute that has been omitted from this Bond shall be deemed <br /> to be included herein as if set forth at length. If any provision of the Bond conflicts with any <br /> applicable provision of any applicable statue,then the provision of said statue shall govern and <br /> the remainder of this Bond that is not in conflict therewith shall continue in full force and effect. <br /> 11. The term "bid" as used herein includes a bid, offer or proposal as applicable. <br /> BIDDER SURETY <br /> Travelers Casualty and Surety <br /> HM Pacific Northwest, Inc. (seal) Company of America (seal) <br /> Bidder's Name and rporate Seal Surety's Name and Corporate Seal • <br /> 111 <br /> By: _ ('1r 11-IA By: sj, <br /> Signature, , and Date Signature, Title, and Date 3/27/2023 <br /> _ AnnMarie Keane, Attorney-in-Fact <br /> Address: g -( ��� '° Ale- Nu Address: One Tower Square <br /> V—ealvvo c e. 2-- Hartford, CT 06183 <br /> Atte • ,/ Attest: <br /> ArAlig►/.LTAO I <br /> 2023 FEDERAL OVERLAY <br /> FEDERAL AIDS STBGt1L-2715(011) <br /> WO143788 March 2,2023 124 <br /> Provided to Builders Exchange of WA, Inc. For usage Conditions Agreement see www.bxwa.com - Always Verify Scal <br />