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GJN4513 Brown Contracting
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GJN4513 Brown Contracting
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Entry Properties
Last modified
10/19/2011 12:20:09 PM
Creation date
4/20/2010 4:39:16 PM
Metadata
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Template:
PW_Capital
PW_Document_Type_Capital
Contracts
PW_Active
No
External_View
No
GJN
004513
GL_Project_Number
985324
COE_Contract_Number
2010-00018
Retention_Destruction_Date
11/12/2020
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PERFORMANCE BOND <br />Contract 2010-00018 <br />BOND NO. 105366434 Job #4513 <br />KNOW ALL MEN BY THESE PRESENTS, That we BROWN CONTRACTING, INC. <br />as principal, and TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA , as surety, are jointlyand <br />severally held and bound unto the CITY OF EUGENE, in Lane County in the sum of $ 553,004.89****** <br />-(FIVE HUNDRED FIFTY THREE THOUSAND FOUR 89/100'S************************'************************************ ) <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 certainterms, 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 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 all 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 />payment thereof. <br />WITNESS our hands this 2ND day of APRIL , 2010 <br />BROWN CONTRACTING, INC. BROWN CONTRAC NC. <br />Principal Princip <br />By t/t~ (Lysie By ✓~e-P~~tca~ <br />Authorized Official Signature Auth razed Official Signature <br />By <br />Authorized Official Signature <br />TRAVELERS CASUALTY AND SURETY <br />Surety COMPANY OF AMERICA <br />By KPD INSURANCE <br />Agent <br />By <br />Authorized icial Sign tore <br />By AID <br />Attorney-in-Fact KEITH YAM <br />{A Power of Attorney for <br />the Attorney-in-Pact must <br />be attached to this Bond} <br />Surety's Seal must be Affixed <br />v~ <br />
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