2011-291 AMS - J. F. Wilkerson Contracting Company for contract work for Efland Sewer

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1 THE AMERICAN INSTITUTE OF ARCHITECTS Bond No. 6419167 AIA Document A311 Labor and Material Payment Bond THIS BOND IS ISSUED 31 MULTANEOUSLY WITH PERFORMANCE BOND IN FAVOR OF THE OWNER CONDITIONED ON THE FULL.AND FAITHFUL PERFORMANCE OF THE CONTRACT KNOW ALL MEN BY THESE PRESENTS:that J. F.Wilkerson Contracting Co., Inc. (Hero Insert full name and address or legal We of Conhaetor) P.O. Box 183 Morrisville, NC 27560 as Principal, hereinafter called Principal,and, Great American Insurance Company (Here Insert futl name and address or legal We of Surer 301 East Fourth Street, Cincinnati, OH 45202 as Surety, hereinafter called Surety,are held and firmly bound unto Orange County (Hero insert IIA namo and address or legal We of Owner) P.O. Box 8181 Hillsborough, NC 27278 as Obligee, hereinafter called Owner, for the use and benefit of claimants as hereinbelow defined, In the amount of Two Million Nine Hundred Forty Two Thousand Nine Hundred Fifty Four Dollars and 46/100 (Here inset a sum equal to at bast orwhalr of the contract price) Dollars($2,942,954.46 for the payment whereof Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns,jointly and severally,firmly by these presents. WHEREAS, Principal has by written agreement dated ,entered into a contract with Owner for (Here Insert futi=a%address and description of project' Sanitary Sewer Improvements for Buckhom Area North of 1-85 Central Efland-Contract No.2007-1 In accordance with Drawings and Specifications prepared by (Hero insert and aama and address or legal We of Architect) which contract is by reference made a part hereof,and Is hereinafter referred to as the Contract. AIA DOCUMENT A311 • PERFORMANCE BOND AND LABOR AND MATERIAL PAYMENT BOND • AIA FEBRUARY 1970 EO. • THE AMERICAN INSTITUTE OFARCHITECTS,1736 N.Y.AVE,N.W,WASHINGTON,D.C.20006 1