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CITY OF EVERETT PUBLIC WORKS • <br /> SPECIAL PROVISIONS <br /> • <br /> DOCUMENT 006113.16—PAYMENT BOND <br /> Bond No. 106651506 <br /> The City of Everett has awarded to Kassel&Associates,Inc. (Principal),a contract for the construction of <br /> the project designated as WFP Operations Building Seismic Retrofit-Rebid, Project No. UP3600,In Monroe, <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(RCW)and(where applicable)60.28 RCW. <br /> The Principal,and Travelers Casualty and Surety Company of Americ(�urety),a corporation organized under the <br /> laws of the State of CT 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 /> bound to the City of Everett in the sum ofSeven Hundred Fifty Six Thousand Nine Hundred Forty Two*US Dollars <br /> ($ 756,942.00 )Total Contract Amount,subject to the provisions herein. *and no/100 <br /> 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 /> supply such contractor or subcontractor with provisions and supplies for the carrying on of such work;and shall <br /> pay the taxes,fees,and penalties incurred on the project; and if such payment obligations have not been fulfilled, <br /> 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,except as provided herein,and waives notice of any change,extension <br /> of time,alteration or addition to the terms of the Contract or the work performed.The Surety agrees that <br /> modifications and changes to the terms and conditions of the Contract that increase the total amount to be paid <br /> • the Principal shall automatically increase the obligation of the Surety on this bond and notice to Surety is not <br /> required for such increased 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 /> the officer executing on behalf of the surety. <br /> PRINCIPAL Kassel&Associates,Inc. SURETY Travelers Casualty and Surety Company of America <br /> __—_(;;;),`"'. z r.4.4,,,.......Printed Name: Matt Vernon Printed Name: Jim S.Kuich <br /> Title: President Title: Attorney-in-fact <br /> Name,address,and telephone number of local office/agent of Surety is: <br /> ! <br /> HUB Northwest <br /> PO Box 3018,Bothell,WA 98041-3018 <br /> (425)489-4500 <br /> PAYMENT BOND APPROVED BY <br /> CITY OF EVERETT,WASHINGTON ATTE : APPROVED AS TO FORM: • <br /> By: il.i ii AtA 0 .. <br /> tep an n Mayor Sh tron6 04' Clerk James D. Iles it <br /> Date: � �� Date:. �� JO l � <br /> END OF DOCUMENT 006113.16 <br /> WFP Operations Building Seismic Retrofit January 6,2017 <br /> WO#UP3600 • 006113.16-1 <br />