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<br /> PAYMENT BOND
<br /> Bond No. 107000150
<br /> The City of Everett has awarded to Interwest Construction,Inc. (Principal), a contract for the construction of
<br /> I the project designated as Watermain Replacement"T", Project No.UP3684, in Everett,Washington(Contract),
<br /> and said Principal is required under the terms of that Contract to furnish a payment bond in accord with Title
<br /> 39.08 Revised Code of Washington(RCW)and (where applicable)60,28 RCW.
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<br /> The Principal,and Travelers Casualty and Surety Company of America
<br /> laws of the State of Connecticut (Surety), a corporation organized under the
<br /> 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
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<br /> Register by the Audit Staff Bureau of Acco t e u Dept are f'ointw an se�(er II held and firmly
<br /> bound to the City of Everett in the sum of � '�°�°eu�red5iz'I7iouSand 9evenundre� Y
<br /> ($ 2,106,730.68 Th' Dollars and 68400) US Dollars
<br /> Total Contract Amount, subject to the provisions herein.
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<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
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<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
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<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
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<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}b ' TCO ++r+
<br /> � 4(, and shall be signed by the parties'duly authorized
<br /> Iofficers.This bond will only be acct y
<br /> the officer executing on behalf of fie'-. "P 02'7*ay a fully executed and original power of attorney for
<br /> PRINCIP , 1 terwest stru tion#h�`. • % �, Travelers Casualty and Surety Company of America
<br /> 's, '1r,'<',,,� 87 '1 Lk (..��. �la ,`�/
<br /> Eben Twadc�7� y ''�����•••���N
<br /> Printed Name: i;'r1�1QTO .,tsiinted Name: Theresa A.Lamb
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<br /> +iltll� �`
<br /> Title: President Title: Attorney-in-Fact
<br /> Name,address, and telephone number of local office/agent of Surety is:
<br /> I HUB International NW,LLC
<br /> P.0.Box 3018
<br /> i Bothell,WA 98041-3018
<br /> _ (425)489-4500
<br /> IPAYMENT BOND APPROVED BY
<br /> CITY OF EVER n'SHINGTON ST: APPROVED AS TO FORM:
<br /> By: �
<br /> in, Mayer Sharon Fttjle, Cit C James D. Iles,CityA_#tomey
<br /> Date: Date: p(
<br /> ! a 18 Date: !2• Z ce.l Y •
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<br /> I Watermain Replacement"T" Division C-CONTRACT
<br /> WO No.-UP3684 SP—37 October 10,2018
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