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• <br /> I <br /> IPERFORMANCE BOND <br /> Bond No.: 107000173 <br /> I <br /> The City of Everett has awarded to Interwest Construction, Inc. (Principal),a contract for the construction <br /> of the project designated as Cleveland Avenue Sewer System Replacement and Storm Water Separation, <br /> Project No. UP3398,in Everett, Washington (Contract), and said Principal is required to furnish a bond for <br /> performance of all obligations ravelersucasualty and�surety <br /> Ui <br /> The Principal,and Company of America (Surety),a corporation organized under the <br /> laws of the State of Connecticut and licensed to do business in the State of Washington as <br /> surety and named in the current list of"Surety Companies Acceptable in Federal Bonds"as published in the <br /> I Federal Register by the Audit Staff Bureau of Accounts, U.S.Treasury Dept.,are jointly and severally held and <br /> firmly bound to the City of Everett in the sum of ** US Dollars <br /> ($ 6,016.496.54 )Total Contract Amount, subject to the provisions herein. <br /> **Six Million Sixteen Thousand Four Hundred Ninety-Six Dollars and 54/100 <br /> I 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 /> Contract and fulfill all the terms and conditions of all duly authorized modifications, additions,and changes to <br /> said Contract that may hereafter be made,at the time and in the manner therein specified;and if such <br /> U <br /> performance obligations have not been fulfilled,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 <br /> Contract,the specifications accompanying the Contract,or to the work to be performed under the Contract shall <br /> I in any way affect its obligation on this bond, and waives notice of any change,extension of time,alteration or <br /> addition to the terms of the Contract or the work performed.The Surety agrees that modifications and changes <br /> to the terms and conditions of the Contract that increase the total amount to be paid the Principal shall <br /> automatically increase the obligation of the Surety on this bond and notice to Surety is not required for such <br /> Iincreased obligation. <br /> 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 <br /> „>\\..\\\\\\\far the officer exec ting on behalf of the surety. <br /> S1 CONgrii, �irrr <br /> �c6 <br /> P O P {$,AL q,�,`� j� SUR TYTravelers Ca ualty a SuretyCompany of America <br /> 0 i = mi. D1i�s' Construction,Inc. ' <br /> • <br /> SEAErintd Nine: a ©r(a e— Printed Name: Theresa A. Lamb • <br /> LL�'''m'�9 87, 1 ...-7 6. 51/�'It �-- Pres i d Q-wt Title: Attorney-in-Fact <br /> ��rrrris�OIVG � address,and telephone number of local office/agent <br /> ili1444y0 p 9 of Surety is: <br /> HUB International Northwest <br /> I P. 0. Box 3018 <br /> Bothell,WA 98041-3018 <br /> I PAYMENT BOND APPROVED BY <br /> CITY OF EVERETT,WASHINGTON ATT 4.T: APPROVED AS TO FORM: <br /> By: /I, a .moi. diPP• ,1,!!/N 1• .I l <br /> I ". e'Fran lin, Mayor S aron FJ ll it Cl- James D. Ile i • Corney <br /> Date: Date: O - <br /> Cleveland Avenue Division C—CONTRACT November 2018 <br /> Sewer System Replacement and <br /> I • Storm Water Separation <br /> WO No. UP3398 SP-66 <br />