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I. <br /> • <br /> f <br /> itCITY OF EVERETT PUBLIC WORKS DOCUMENT 00'61 13.13 <br /> SPECIAL PROVISIONS PERFORMANCE BOND <br /> 1 <br /> DOCUMENT 00 61 13.13--PERFORMANCE BOND <br /> I . Bond No.: 106515483 <br /> IThe City of Everett has awarded to McClure and Sons,Inc. (Principal),a contract for the construction of <br /> I <br /> the project designated as P506 Reroute, Project No. UP3583, in Everett,Washington(Contract), and said <br /> 1 Principal is required to furnish a bond for performance of all obligations under the Contract. <br /> The Principal, and Travelers Casualty and Surety Company of America (Surety),a corporation organized under the <br /> I <br /> laws of the State of Connecticut and licensed to do business in the State of Washington as surety <br /> arid named in the current fist 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 /> bound to the City of Everett in the sum of Eight.Hundred Twenty Thousand Three Hundred Forty Four US Dollars <br /> I <br /> ($ 820,344.00 )Total Contract Amount,subject to the provisions herein. <br /> 1 This statutory performance band 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 /> I <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 /> officers.This bond will only be accepted if it Is accompanied by a fully executed and original power of attorney for <br /> I <br /> the officer xecuting on behalf of the surety. <br /> 1PRINC cClure.•. %ns,Inc. SU fTraveelers C . ty d Stir Company of America <br /> ' 7/12/2016 `(� (G (.'7 G �j(/7/12/2016 <br /> I <br /> Les McClureDiana R.Williams I <br /> it <br /> Printed Name: Printed Name: <br /> PresidentAttorne in Fact <br /> I <br /> Title; . Tide: Y- <br /> • <br /> Name,address,and telephone number of local office/agent of Surety is: <br /> BK-JET Group,LLC <br /> 999 W.Riverside Avenue,Suite 510 • <br /> I <br /> Spokane,WA 99201 <br /> ir (509)319-2901 <br /> i <br /> I PERFORMANCE BOND APPROVED <br /> [ BY ATTEST: APPROVED AS TO FORM: <br /> CITY OF EVERETT,WASHINGTON <br /> t • <br /> I I. BY: 0.J. i w...ilk ? ,)w n hti iGA._ 6,._i 1 /.2 <br /> R-2••ephan,n, Mayor frlSharon Fuller,City Clerk James D. Is.. <br /> .. i, ` '- ney <br /> 4 . Date: . ..._ o i ) Date: 7- - /' • rit• . _• <br /> IEND OP DOCUMENT 00 61 13.13 K <br /> 1 <br /> IPSO6 REROUTE 006113A3 - 1 <br /> WO NO.—UP3583 MAY 2016 <br /> f <br /> t <br />