S Purchasing - Bordeaux Construction Inc Justice Facility Expansion

Browse Search

• • 8-and #104904142 FORM OF PERFORMANCE BOND Date of Contract: May 24, 2007 Date of Execution: May 24, 2007 Name of Principal Bordeaux Conshxtbn Company, Inc. (Contractor) Name of Surety: Travelers Casualty and Surety Company of America Name of Contracting Orange County, Nonfi Carolina Body: Ten million seventy -six thousand eight hundred ftty -eight dollars Amount of Bond: ($10,076,8ss) Project Orange Couny Justice Expansion Public Public Market House and River Park KNOW ALL MEN BY THESE PRESENTS, that we, the principal and surety above named, are held and firmly bound unto the above named contracting body, hereinafter called the contracting body, in the penal sum of the amount stated above for the payment of which sum well and truly to be made, we bind, ourselves, our heirs, executors, administrators, and successors, jointly and severally, firmly by these presents. THE CONDITION OF THIS OBLIGATION 1S SUCH, that whereas the principal entered into a certain contract with the contracting body, identified as shown above and hereto attached: NOW, THEREFORE, if the principal shall well and truly perform and fulfill all the undertakings, covenants, terms, conditions and agreements of said contract during the original term of said contract and any extensions thereof that may be granted by the contracting body, with or without notice to the surety, and during the life of any guaranty required under the contract, and shall also well and truly perform and fulfill at( the undertakings, covenants, terms, conditions and agreements of any and all duly authorized modifications of said contract that may hereafter be made, notice of which modifications to the surety being hereby waived, then, this obligation to be void; otherwise to remain In full force and virtue. IN WITNESS WHEREOF, the above - bounden parties have executed this Instrument under their several seals on the date indicated above, the name and corporate seal of each corporate party being hereto affixed and these presents duly signed by its undersigned representative, pursuant to authority of its governing body. Executed in six (6) counterparts .