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GJN4501 4528 4561 Wildish Contract 2009-00026
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GJN4501 4528 4561 Wildish Contract 2009-00026
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Last modified
10/19/2011 10:31:38 AM
Creation date
6/24/2009 11:11:55 AM
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PW_Capital
PW_Document_Type_Capital
Contracts
PW_Active
No
External_View
No
GJN
004501
GL_Project_Number
985034
COE_Contract_Number
2009-00026
Retention_Destruction_Date
8/31/2020
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~ PAYMENT BOND <br /> Contract #2009-00026 <br /> Jab #4501, 4528 &.4561 <br /> KNOW ALLMEN BYTHESE PRESENTS, that we Wildish Construction Co. <br /> as principal, and Liberty Mutual Insurance Company as surety, are jointly <br /> and severally held and bound unto the CITY OF EUGENE, in Lane County in the sum of: $878,656.55 <br /> (Eight Hundred Seventy Eight Thousand Six Hundred Sixty Five and 55/100----- ) for thepayment ofwhich <br /> we jointly and severally bind ourselves, our heirs, executors, administrators and assigns or successors and assigns, <br /> <br /> I <br /> firmly by these presents. <br /> THE CONDITION OFTHIS BOND IS SUCH that, whereas the said principal herein has made and entered into a <br /> certain contract, a copy of which is attached hereto, with the CITY OF EUGENE which contract, together with the <br /> applicable plans, Standard Specifications, Special Specifications, and schedule of contract prices, is by this reference <br /> made a part hereof, whereby the said principal agrees to do in accordance with the certain terms, conditions, <br /> requirements, plans and specifications which set out in said contract and all authorized modifications of the contract <br /> which increase the amount of the work and the amount of contract. Notice to the surety of any of the immediately <br /> foregoing are waived. <br /> NOW, THEREFORE, if the principal herein shall make payment promptly, as due to all subcontractors and to all <br /> persons supplying to the Contractor or his subcontractors, equipment, supplies, labor or materials for the prosecution <br /> of the work, or any part thereof, provided for in said contract, and shall pay all contribution of amounts due its <br /> workers compensation carrier and the State Unemployment Compensation Trust Fund from such Contractor or <br /> .Subcontractors incurred in the performance of said contract, and pay all sums of money withheld from Contractor's <br /> employees and payable to the Revenue Department; and shall pay all other just debts, dues and demands incurred in <br /> the performance of the said contract and shall pay the CITY OF EUGENE such damages as may accnze to the City <br /> under said contract, then this obligation is to be void, otherwise to remain in full force and effect. <br /> Nonpayment of the bond premium will not invalidate this bond nor shall the CITY OF EUGENE be obligated for the <br /> payment thereof. <br /> WITNESS our hands this 8th day of June ZOOg <br /> Wildish Construction Co. <br /> Principal Principal <br /> By B <br /> Y <br /> Authorized Official Signature Authorized Official Signature <br /> By BY <br /> Authorized Official Signature Authorized Official Signature <br /> Surety Liberty Mutual Insurance Company By <br /> - Attorney-i ~ -Fac argaret Huffman <br /> BY - <br /> Steven J. Hanson ~ Agent ~ <br /> (A Power of Attorney for <br /> the Attorney-in-Fact must <br /> be attached to this Bond) <br /> Surety's Seal must be AflSxed <br /> <br />
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