Laserfiche WebLink
I <br /> I <br /> 1 furnished sites. The Contractor shall bear all risks for any work begun outside such <br /> 2 areas and for any materials ordered before the contract is executed by the Contracting <br /> 3 Agency. <br /> I 4 <br /> 5 If the bidder experiences circumstances beyond their control that prevents return of the <br /> 6 contract documents within the calendar days after the award date stated above, the <br /> 7 Contracting Agency may grant up to a maximum of 20 additional calendar days <br /> 8 for return of the documents, provided the Contracting Agency deems the circumstances <br /> 9 warrant it. <br /> 111 <br /> 10 <br /> 11 <br /> 12 I-03r I-03 4.RF <br /> III 13 1-03.4 Contract Bond <br /> 14 (July 23, 2015 APWA GSP) <br /> 15 <br /> 16 Delete the first paragraph and replace it with the following: <br /> I <br /> 17 <br /> 18 The successful bidder shall provide executed payment and performance bond(s) for the <br /> 19 full contract amount. The bond may be a combined payment and performance bond; or <br /> I <br /> 20 be separate payment and performance bonds. In the case of separate payment and <br /> 21 performance bonds, each shall be for the full contract amount. The bond(s) shall: <br /> 22 1. Be on Contracting Agency-furnished form(s); <br /> I <br /> 23 2. Be signed by an approved surety (or sureties) that: <br /> 24 a. Is registered with the Washington State Insurance Commissioner, and <br /> 25 b. Appears on the current Authorized Insurance List in the State of Washington <br /> I <br /> 26 published by the Office of the Insurance Commissioner, <br /> 27 3. Guarantee that the Contractor will perform and comply with all obligations, duties, <br /> 28 and conditions under the Contract, including but not limited to the duty and obligation <br /> 29 to indemnify, defend, and protect the Contracting Agency against all losses and <br /> 30 claims related directly or indirectly from any failure: <br /> 31 a. Of the Contractor (or any of the employees, subcontractors, or lower tier <br /> 32 subcontractors of the Contractor) to faithfully perform and comply with all contract <br /> 33 obligations, conditions, and duties, or <br /> 34 b. Of the Contractor (or the subcontractors or lower tier subcontractors of the <br /> I <br /> 35 Contractor) to pay all laborers, mechanics, subcontractors, lower tier <br /> 36 subcontractors, material person, or any other person who provides supplies or <br /> 37 provisions for carrying out the work; <br /> I <br /> 38 4. Be conditioned upon the payment of taxes, increases, and penalties incurred on the <br /> 39 project under titles 50, 51, and 82 RCW; and <br /> 40 5. Be accompanied by a power of attorney for the Surety's officer empowered to sign <br /> I 41 the bond; and <br /> 42 6. Be signed by an officer of the Contractor empowered to sign official statements (sole <br /> 43 proprietor or partner). If the Contractor is a corporation, the bond(s) must be signed <br /> 44 by the president or vice president, unless accompanied by written proof of the <br /> 45 authority of the individual signing the bond(s) to bind the corporation (i.e., corporate <br /> 46 resolution, power of attorney, or a letter to such effect signed by the president or vice <br /> Il 47 president). <br /> 48 <br /> I <br /> N. BROADWAY TRANSIT IMPROVEMENT PROJECT <br /> I <br /> STATE FUND#GCB2316; COE WO#3644 11 August 8, 2018 <br />