HomeMy WebLinkAboutCurry Controls Company Labor and Materials Payment Bond Form -2000 11 03<:_.
~Ban`d '# 92135267 ~ SECTION 00620 •
LABOR AND MATERIALS PAYMENT BOND FORM
Curry Controls Company, Inc.
THIS INSTRUMENT WITNESSETN: That we f1) a (zl _ Corporation
organized under the laws of the State of Florida and regularly authorized to do business in
the State of (3) Florida as Principal, and we (4) Continental Casual~~) Corporation
organized under the laws of the State ofI 11 ino ~'nd regularly authorized to do b iness in the State of (3)
F 1 o r i da as Surety, are held and firmly bound unto (5) ~ City o f W in t e>~er~~'n~~f~~~alled the Owner
i accordance with a Contract hereinafter referred to, in the penal sum.of (6n'hree Hundred-Seventy Three
Thir~~ollars i~ 37 0 4awful money of the United States, well and truly tv be paid unto the said Owner, forThousand
Four-
che payment of which we bind ourselves, our heirs, executors, administrators, successors and assignees,
jointly and severally. firmly by theyy presents. WHEREAS, the said principal has entered into a written contract
with the Owner dated ff/ZS/~ for work designated aDesi~n/Build SCADA System
located in Winter Sprin~formity 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;
NOW, THEREFORE, the condition of this obligation is such that if the Principal shall faithfully satisfy all claims
and demands incurred by the Principal of said Contract, and shall pay all obligations 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, and shall
promptly make payment of prevailing wages to all persons supplying labor, equipment or materials for use in
the prosecution of the work, -whether by subcontractor or otherwise, and including all insurance premiums on
said work as provided for in such 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 the Owner will be held
harmless from any liens, claims, demands or obligations in conjunction with materials or services provided with
respect to this Contract. This bond shall"remain in effect for a period of one year from the date of final
acceptance. The Owner may sue on this bond, and any person furnishing material or performing labor. either
as an individual yr as a Subcontractor, shall have the right to 'sue on this Bond in the name of the Owner for
his use and benefit. The said Surety, for value received, hereby stipulates and agrees that no change, extension
of time, alteration or addition to the terms of the Contract or to the Work to be performed thereunder or the
Contract Documents accompanying the same shall 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 shall abridge the right
of any beneficiary hereunder, whose claim may be unsatisfied.
(1) Contractor
(2) Sole Proprietor, Partnership or Corporation
(3) State in which project is located
(4) Surety
(5) Owner
(6) 100 percent of the Contract
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NOV-14-2000 15~[~Jb P.02
-,
111 WITNESS WHEREOF, instrument is executed in several co rparts, each one of which shall be
deemed an original, this t~„~,~ day of November , 2(D0~
(SEAL) (1) Curr C ntr is Com an Inc
By:
Title: D EL L. CURRY -CORPORATE SECRETARY
(SEAL) (2) C ental Casualt -Com an
Title: Daniel F. Wagner
(Attorney in Fact) .
(1) Convactor
(2) Surety
END OF SECTION
00620-2