HomeMy WebLinkAboutZoser-Chaudhry LLC Construction Group Performance Bond -2000 06 28Hs>rl X166479
;~..i`~1 in 4 CJar~~rts
SECTION tJCJti18
PERFORMANCE BOND FORM
THIS INSTRUMENT WITNESSETH; That we (1) _ 7r~s ~~' I.I.C Os~tirn ~~' a
(Z) ~~'ati.rxi _organized under the laws of the State of F]rrich and regularly
authorized to do business in the State of Florida as Principal, and we (3) I~t'h Arrerican ~ a (2)
_ _. atiaz and regularly authorized to do business in the State of Florida as Surety,
are held and firmly bound unto ~y ~f t.,~~irY,~ , hereinafter called the Owner in accordance
with a Contract hereinafter referred to, in the penal sum of (4) 'Ihitty Fj,ve '»~arzi. '11~, Iii- n~ s~,xty,,..t~ine &40/100
Dollars (S 35,369.40 )lawful money of the United States, well and truly to be paid unto the said Owner,
for the payment of which we bind ourselves, our heirs, executors, administrators, successors and assignees,
jointly and severally, firmly by these presents; *I~~arrx ~zy
WHEREAS, the said Principal has entered into a written contract with the Owner doted ~. ~r~1c~ ?oofl for the
work designated as wLQ #1__Rz~r; tn~ill ~ **located in 4vtirif.~e' ~.rxts FL _ in conformity with Contract
Documents hereby referred to and made a part hereof, the same to all intents and purposes as if written at length
herein, in which Contract the said Principal has contracted to perform the work specified in said Contract in
accordance with the terms thereof; d ~~007_Op~
NOW, THEREFORE, the condition of this obligation is such that if the Principal shall faithfully perform the
Contract on his (its) part, and satisfy all covenants, terms, conditions and agreements Incurred by the Principal in
the performance of said Contract, during the original term thereof, and any extensions thereof which may be
granted by the Owner, with or without notice to the Surety, and shall satisfy all claims and demands arising
thereunder, and shall fully indemnify and save harmless the Owner from all cost and damage which the Owner
might suffer by reason of the failure of the Principal to do so, and shall fully reimburse and repay to the Owner all
costs, damages, and expenses which the Owner may incur in making good any default by the Principal, including
any default based upon failure of the Principal, to fulfill his obligation to furnish maintenance, repairs, or
replacements for any period of time after the work is completed, if provided for in said Contract, then this
obligation shall be null and void, otherwise it shall remain in full force and effect.
IN ADDITION, the Principal and Surety, jointly and severally, expressly guarantee that all materials furnished and
workmanship performed under the Contract and in the construction of the work shall fulfill all requirements of the
Contract and the Contract Documents with respect to them. This bond shall remain in effect for a period of one
year (LIBRARY NOTE: IF A CITY OF SANFORD JOB, THEY REQUIRE TWO YEARS, AND SHOULD SO
REVISED) Irom the date of final acceptance,
IT IS HEREBY t3TIPULATED AND AGREED that any suit based upon any default of the Principal in fulfilling his
obligations to furnish maintenance, repairs, or replacements for any period of lima after the Work Is completed, if
provided (or in the Contract, may be brought at any time up to six months alter the expiration of the time specified
in the Contract during which the Contractor has agreed to furnish such maintenance or make such repairs or
replacemenis.
THE SAID SURETY, for value received, hereby stipulates and agrees that no change, extension of time,
alteration cr addition to the terms of the Contract or to the Work to be performed thereunder or the Contract
Documents accompanying the same shat) in any way affect its obligations on this Bond, and it does hereby waive
notice of any such change, extension of time, alteration or addition to the terms of the Contract or to the Work or
to the Contract Documents.
PROVIDED, FURTHER, that no final settlement between the Owner and the Contractor shat! abridge the right of
any beneficiary hereunder, whose claim maybe unsatisfied.
(1) Contractor
(2) Sole Proprietor, Partnership, or Corporation
(3) Surety
(4) 110 percent of the Contract
1N WITNESS WHEREOF, this instrument is executed in several counterparts, each one of which shalt be deemed
an original. this the day of , 20_
It;ltt
18
(SEAL) (t) 7~ ~~ ~ Qz~ts.~tirn C-~u~
B , ~ G~ _
Y• _/'-
Title; v~L~rD~17~1f.S ~ ~~ Gi 4 ~______.~ _~,..
O--
(SEAL) (2) I~-th ~z/ca~n Salty Irene ~~'
gy, _ / ~ /~I~ ~/ .
Title; Kun E. Niv - Attras~y in Fact & FL, Liar~d F~,,ic~t Pr}~zt
(Attorney in Fact) Ir~iries: (407) 786-7770 '~ ~~~~
(1) Contractor
(2) Surety
END OF SECTION
19
Public «'ork
BOND NO.:
CONTRACTOR NA.4IE:
CONTRACTOR ADDRESS:
CONTRACTOR PHONE NO.:
StiRETY CO~iP_ANY:
OWNER NAJIE:
O~'~'NER ADDRESS:
OV~'NER PHONE NO.:
OBLIGEE \'A11'IE: (If contracting
entity is different from the o~+~ner,
the contracting public entih•)
OBLIGEE ADDRESS:
OBLIGEE PHONE 1\'O.:
BOn~ AMOUl~'T:
CONTRACT NO.: (If applicable)
DESCRIPTION OF R'ORK:
PROJECT LOCATION:
LEGAL DESCRIPTION:
(If applicable)
F.S. Chapter 2~~.(l~ (1}(a)
Co~~er Page
166479
Zoser Chaudlu-~~ LLC Construction Group
2281 Lee Road, Suite 204
~~'intPr Park FT 'i~7R9
(4071 644-0911
North :~merican Specialt<~ Insurance Compan}~
650 Elm Street, ?~Zanchester, NH 03101-2524
~~) 644-6600
Cite of «~inter Springs
1126 East SR 434
«'inter Sprin>;s FL 32708-2799
(40713 7-1800
535,639.40/35,639.40
Bid #ITB-007-00-GE
WTP #1 Boundary «'all -New Construction around WTP #1
851 Northern ~'Vay
Winter Springs FL 32708
THIS BOND HEREBY IS AMENDED SO THAT THE PROVISIONS AND LIMITATIONS OF
SECTION 255.05 OR SECTION 713.23, FLORIDA STATUTES, WHICHEVER ARE
APPLICABLE, ARE INCORPORATED HEREIN BY REFERENCE.
FRONT PAGE
All other bond page(s) are deemed subsequent to this page regardless of any page number(s) that maybe printed thereon.