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I
<br /> I
<br /> PERFORMANCE BOND
<br /> IBond 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 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
<br /> I laws of the State of Connecticut 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 of1Acc t�ts,�J SRTr�a�tc, esit. �'R�,ointly and severally held and firmly bound
<br /> wo i ion ne un a us�n en
<br /> to the City of Everett in the sum of US Dollars
<br /> II dyed r Dollar,and 68/100
<br /> I ($ 2,106,730.68 )Total Contrac Amount,subject to the provisions herein.
<br /> This statutory performance bond shall become null and void, if and when the Principal, its heirs,executors,
<br /> administrators,successors,or assigns shall well and faithfully perform all of the Principal's obligations under the
<br /> I Contract and fulfill all the terms and conditions of all duly authorized modifications,additions,and changes to said
<br /> Contract that may hereafter be made,at the time and in the manner therein specified;and if such performance
<br /> obligations have not been fulfilled,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, and waives notice of any change,extension of time,alteration or addition
<br /> to the terms of the Contract or the work performed.The Surety agrees that modifications and changes to the terms
<br /> I and conditions of the Contract that increase the total amount to be paid the Principal shall automatically increase
<br /> the obligation of the Surety on this bond and notice to Surety is not required for such increased obligation.
<br /> This bond may be executed in two(2)original get�gterparts,and shall be signed by the parties'duly authorized
<br /> I officers.This bond will only be accepted�lt;�it`1�
<br /> NIP �q�ed by a fully executed and original power of attorney for
<br /> the officer executing on behalf of the _`\\¢P,O�1'RGc�Q,'��'/
<br /> PRINCIPA nterwes = 2 _ 0 'Q �'�,,��41�( Travelers Casualty and Surety Company of America
<br /> I Co t:f4•, • , = s V '� s �...1 S z l
<br /> Inc. 5 s, Sr .,,,r.s (.a` ,_ ._• L_
<br /> Printed Name: Eben wadeG ///b/198 7 Prized Name: Theresa A.Lamb
<br /> I Title: President
<br /> /, #.6.,
<br /> �/N O-j 0v,Atle: Attorney-in-Fact
<br /> i't l l tiil�� \�\Sz•S`
<br /> Name, address,and telephone number of local office/agent of Surety is:
<br /> HUB International NW,LLC
<br /> I P.O.Box 3018
<br /> Bothell,WA 98041-3018
<br /> (426)489-4600
<br /> IPERFORMANCE BOND APPROVED
<br /> BY ATT ST: APPROVED AS TO FORM:
<br /> CITY OF EVERE 'SHINGTON
<br /> oPiiimilifilligir Z.A_11......4.,_.." ri:::4---i-'9( 4 i k,
<br /> -' ' ay -baron Fu11�r Cit Irk James D. Iles,City Attorney
<br /> Date: 17-- 7., --- � Date: 4'�a�r --��0/g Date: 12 ,I
<br /> 111 /-'—
<br /> ' Watermain Replacement"T"
<br /> P Division C CONTRACT October 10,2018
<br /> WO No.-UP3684 SP—39
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