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Bond Nos.: 106670508 Travelers
<br /> 82451783 Federal
<br /> III30008453 CNA
<br /> PERFORMANCE BOND
<br /> to City of Everett,WA
<br /> e
<br /> IBond No. See above
<br /> The City of Everett, Washington, (City) has awarded to Granite Construction Company(Principal), a contract for the
<br /> construction of the project designated as Hot Mix Asphalt Overlay 2017, Project No. PW 3642, in Everett, Washington
<br /> I (Contract), and said 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 laws of the
<br /> IState of Connecticut and licensed to do business in the State of Washington as surety and named in the
<br /> current list of "Surety Companies Acceptable in Federal Bonds" as published in the Federal Register by the Audit Staff
<br /> Bureau of Accounts, U.S. Treasury Dept., are jointly and severally held and firmly bound to the City of Everett, in the sum
<br /> of Three Million Nine Hundred Thirty-Eight Thousand Three Hundred Ninety-Eight Dollars and Sixty-Five Cents
<br /> I ($ '1 933 398.65 ) r uiar c.cmuact/Amount, suolect to the provisions nerein.
<br /> This statutory performance bond shall become null and void, if and when the Principal, its heirs, executors, admin'istrat,wrs,
<br /> successors, or assigns shall well and faithfully perform all of the Principal's obligations under the Contract and fulfill all
<br /> I the terms and conditions of all duly authorized modifications, additions, and changes to said Contract that may hereafter
<br /> be made, at the time and in the manner therein specified; and if such performance obligations have not been fulfilled, this
<br /> 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 Contract,
<br /> the specifications accompanying the Contract, or to the work to be performed under the Contract shall in any way affect its
<br /> obligation on this bond, and waives notice of any change, extension of time, alteration or addition to the terms of the
<br /> I
<br /> Contract or the work performed, The Surety agrees that modifications and changes to the terms and conditions of the
<br /> Contract that increase the total amount to be paid the Principal shall automatically increase the obligation of the Surety on
<br /> this bond and notice to Surety is not required for such increased obligation.
<br /> I
<br /> This bond may be executed in two (2) original counterparts, and shall be signed by the parties' duly authorized officers.
<br /> This bond will only be accepted if it is accompanied by a fully executed and original power of attorney for the officer
<br /> executing on behalf of the surety.
<br /> IPRINC 'AL G nite struction Company SURETY Travelers Casualty and Surety Company of America*
<br /> By / 'f 5/17/2017 By ( .__..#& 5/17/2017
<br /> Prin�Signature Date Surety Signature Date
<br /> IJigisha Desai Ashley Stinson
<br /> Printed Name Printed Name
<br /> I
<br /> Vice President Attorney-in-Fact
<br /> Title Title
<br /> Name, address,and telephone of local office/agent of Surety Company is:
<br /> I . Alliant Insurance Services,Inc. `` VtI t 1 r r A,iiia *Federal Insurance Company
<br /> 100 Pine Street, 11th Floor .`eN,C�MA '" The Continental Insurance Company
<br /> San Francisco, CA 94111 �\s�E •�.,-42�7Stintly and Severally Liable
<br /> Approved anioniw1 = CC . 1 o
<br /> PLA i 1 FA . 4.AAAJIAII41.1.:11 . 1 9..4° .%'s
<br /> Signature ItI �I/I itla` Date
<br /> AP RO 65'A5!'O FORM AiST,
<br /> DOT Form 272-002A EF � ^2 ,' _ __.
<br /> 08/2012 ty 1 it �. , .,
<br /> JAMES D.IIES,City Attorney ' s .r; a• ,
<br /> City lerk
<br /> •
<br /> •
<br /> I HOT MIX ASPHALT OVERLAY 2017 PAGE 5 of 6 MARCH 2017
<br /> WORK ORDER# PW 3642
<br /> DIVISION C
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