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PHRFORMANCF BOND
<br />Bond No.: 4468593
<br />I-heCityof[Veretthasawardedto$t|vaC(}n$t|ilcllt)n.l.L
<br />designated as (arl6ipsan CrnterlVailand Window Repair, Project No. 2023-091,rn [veretl, Washiix6ton {Contract}, and said
<br />Prinrip:al is required to furnish ;r bond for perfornrance r:f all r:L:ligations unc'ler the Ccntract.
<br />',l he Principal, un4 'SrtreTec in1ula1ce C]olqanv {Surety}, a corporalion organized under the laws of the State of
<br />l exas and licensed to do business in the State of Washingtor'! as surety and narned in tire current list 'rf "Surety
<br />Title I Altorley:in:F act
<br />r-ocal Office/ n!*nt ot {uletv
<br />iri;rrl'::,P*arker $r!)illl& feeh _
<br />AcJdress: ?233 112ti1 Avc NL, B?llgYYe vtn s8004
<br />Phone Numbe r" {4?5) 70S-36{10
<br />Ernail: PsfsuretY@Ps{inc com
<br />Conrpanies Acceptable in Federal Bonds" as published in the Federal Register by the ALrdit Slafl'Bureau cJ Accounts, U.5. Treasury
<br />Dept., afe jointly and severaily held and firnrly bound to the City of [verett in the sum of
<br />Fo'1y-S(xon Tho-y.s3l! Tr,lo-Hundred 11r:rt',r Frv* tll! jlti ].-!-t U5 Dollars i$ 171235 02
<br />the provisions hereirr-
<br />), which is the Cr:rrrlract Price, :ubjecl to
<br />'l.his statutclry performance bond shali become null and void if and when the Principal, lts heirs, executors, administrators,
<br />surcessors, or assigns shail well and faithfuiiy perforrn all of tlre Frincipal's obiigatianr, under the Contract and fulfill all the terms and
<br />conditions of all duly authorized rrodi{ir:ations, additions, ond changes to said Contraci that may hereafter be made, at the time and
<br />jn the manne r therein specified; ancl it such perfclrmance obligations liave not ber:n fulfilled, this bond shall remaitr in full force and
<br />effect.
<br />The Sulety agrees to indenrnify, defend, and protect the City of [verett against any clainr of direct or indirect loss resulting from the
<br />failure of the Principal, its heirs, executci15, administrators, successors, or assigns (or any ol the employees, subcontractors, or lower-
<br />tier subcontractors of the Principal) to faithfully perlofm the Contract.
<br />The Surety for value received agree$ that no change, extension of time, alteraiion, or addition to the ternis of th€ Contfact, the
<br />speci{ications accornpanying the Contract, or to the wr:rh tn he perforrrred under the Cor}tfact shall in any way af iect its r:bligation
<br />on this bond, and waives notice of any change, extension of tinre, alteration or addition to the ternls of the Contract or the work
<br />perfornred. The Sur"ety agrees that modifications arid changes to the terrrrs and conditions of the Contrutt that increase the total
<br />an]ount ta be paid the Frincipal shall autonratically increase the obligation of the Stlrety on this bond, ,]nd notic* to SilretY is not
<br />required for such increased obligation.
<br />This borid may be executed in two {2) original counterpart$ and shall be signed by the parties'duly authori:ed <lfficerr;. This bond will
<br />only be accepted if it is accampanied by a f ully executed ancl original pr:wer of attorney for the officer execrting on behalf of the
<br />surety. The Surety agrees to be bound by the laitrs of the state of Washington and subjected to the jurisdicticln nf the state of
<br />Washington.
<br />SURfTY SurcTec lnsurance ComPanY
<br />- .,r .*"_. .S;..- , ."**-
<br />Printed Name: KaielYn ()ooPet
<br />**:**t:!:-:i l.:-.--..-"..-
<br />.srArutr,ifi0 90No F9RM
<br />OTFIC{ O{ TTIT CITY ArTCRN|{
<br />APPRAVFD AS TO FCRM
<br />APPI?0V60AS f A CITY CttARTEft I4.1
<br />Printed
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