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r <br /> ICITY OF EVERETT PUBLIC WORKS 00 61 13.16 <br /> SPECIAL PROVISIONS PAYMENT BOND <br /> I <br /> DOCUMENT 00 61 13.16-PAYMENT BOND <br /> IBond No. 023207492 <br /> I The City of Everett has awarded to Stellar J Corporation (Principal), a contract for the construction of <br /> the project designated as Process Water Pump Station, Project No.WO-3647, in Snohomish,Washington <br /> (Contract),and said Principal is required under the terms of that Contract to furnish a payment bond in accord <br /> with Title 39.08 Revised Code of Washington(RCW)and(where applicable)60.28 RCW. <br /> The Principal,and Liberty Mutual Insurance Company (Surety), a corporation organized under the <br /> laws of the State of Massachusetts 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 /> I bound to the City of Everett in the SUM of Nine Hundred Eight Thousand Ninety Five Dollars and 50/100 US Dollars <br /> ($ 908,095.50 )Total Contract Amount, subject to the provisions herein. <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 /> I 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 /> I 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 arty change, extension <br /> of time, alteration or addition to the terms of the Contract or the work performed.The Surety agrees that <br /> I 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 /> I 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— SURETY <br /> IStelf J C ref n LibertylMutual Insurance Company <br /> Printed Name: h' •E .L ,v,d <br /> korn Printed Name: Deanna M.French <br /> ITitle: erI d0r%4 Title: Attorney-in-Fact <br /> Name, address, and telephone number of local office/agent of Surety is: <br /> I f Parker,Smith&Feek, Inc. <br /> 2233 112th Ave. N.E., Bellevue,WA 98004 <br /> (425)709-3600 <br /> IPAYMENT BOND APPROVED BY <br /> CITY OF EVER 0 I r' ` INGTON •,' - . APPROVED AS TO FORM: <br /> l <br /> IP 9 <br /> ''•' ' li XQ5 haron Fuller, City Clerk ..ames D. •rney <br /> Date: b �r Pl 65 Date: -/ IA <br /> IEND OF DOCUMENT 00 61 13.16 <br /> PROCESS WATER PUMP STATION 02/27/2018 <br /> WO-3647 00 61 13.16-1 <br />