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GJN4602 KSH Construction 2009-00029
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GJN4602 KSH Construction 2009-00029
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Entry Properties
Last modified
10/19/2011 12:04:21 PM
Creation date
7/6/2009 12:18:00 PM
Metadata
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Template:
PW_Capital
PW_Document_Type_Capital
Contracts
PW_Active
No
External_View
No
GJN
004602
GL_Project_Number
995814
COE_Contract_Number
2009-00029
Retention_Destruction_Date
1/13/2020
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PERFORMANCE BOND <br /> Contract #2009-00029 <br /> BOND NO. iosi2s636 Job #4602 <br /> KNOW ALL MEN BY THESE PRESENTS, That we KSH CONSTRUCTION COMPANY <br /> as principal, and TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA as surety, axe jointly and <br /> severally held and bound unto the CITY OF EUGENE, in Lane County in the sum of: $366,366.00******* <br /> THREE HUNDRED SIXTY-SIX THOUSAND, THREE HUNDRED SIXTY-SIX AND ZERO CENTS****** <br /> for the payment of which we Jointly and severally bind ourselves, our heirs, executors, administrators and assigns or <br /> successors and assigns, firmly by these presents. <br /> THE CONDITION OF THIS 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 suret of an of the immed' <br /> iatel <br /> Y <br /> Y <br /> y <br /> foregoing are waived. <br /> NOW, THEREFORE, if the principal herein shall faithfully and truly observe and comply with the terms, conditions <br /> and provisions of the said contract, in all respects, and shall well and truly and fully do and perform ail matters and <br /> things by him undertaken to be performed under said contract, upon the terms set forth therein, and within the time <br /> prescribed, therein, or as extended as provided in the contract, and shall indemnify and save harmless the CITY OF <br /> EUGENE, its officers, employees, and agents, against any direct or indirect damages of every kind and description <br /> that. shall be suffered or claimed to be suffered in connection with or arising out of the performance of the said <br /> contract by the said Contractor or his Subcontracts and shall in all respects perform said contract according to law, <br /> 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 /> <br /> payment thereof. <br /> WITNESS our hands this 22ND day of JUNE 20 09 <br /> KSH CONSTRUCTION COMPANY <br /> Principal Principal <br /> By BY <br /> Aut orized ffi i Sign re ~ Authorized Official Signature <br /> By BY <br /> Authorized Official Signature Authorized Official Signature <br /> TRAVELERS CASUALTY AND <br /> Surety SURETY COMPANY OF AMERICA $y <br /> AttO ey-in-Fact, COLE J. WEDMORE <br /> By <br /> Agent <br /> (A Power of Attorney for <br /> file Attorney-lri-Fact must <br /> be attached to this Bond) <br /> Surety's Seal must be Affixed <br /> <br />
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