Orange County NC Website
Browse       Search
Bond shall be construed as a statutory bond and not as a Construction Contract, architectural and engineering <br /> common law bond. services required for performance of the work of the <br /> Contractor and the Contractor's subcontractors, and <br /> 14 Upon request by any person or entity appearing to be a all other items for which a mechanic's lien may be <br /> potential beneficiary of this Bond, the Contractor shall asserted in the jurisdiction where the labor, materials <br /> promptly furnish a copy of this Bond or shall permit a copy or equipment were furnished. <br /> to be made. <br /> 15.2 Construction Contract:The agreement between <br /> 15 DEFINITIONS the Owner and the Contractor identified on the sig- <br /> 15.1 Claimant: An individual or entity having a direct nature page, including all Contract Documents and <br /> contract with the Contractor or with a subcontractor of changes thereto. <br /> the Contractor to furnish labor, materials or equip- 15.3 Owner Default: Failure of the Owner,which has <br /> ment for use in the performance of the Contract. The neither been remedied nor waived, to pay the Con- <br /> intent of this Bond shall be to include without limita- tractor as required by the Construction Contract or to <br /> tion in the terms"labor,materials or equipment"that perform and complete or comply with the other terms <br /> part of water, gas, power, light, heat, oil, gasoline, thereof. <br /> telephone service or rental equipment used in the <br /> MODIFICATIONS TO THIS BOND ARE AS FOLLOWS: <br /> (Space is provided below for additional signatures of added parties, other than those appearing on the cover page.) <br /> CONTRACTOR AS PRINCIPAL SURETY <br /> Company: (Corporate Seal) Company: (Corporate Seal) <br /> Signature: Signature: <br /> Name and Title: Name and Title: <br /> Address: Address: <br /> Printed in cooperation with the American Institute of ARchitects (AIA) by the <br /> National GrM �rin a Mutual Insurance Company. The language in this document <br /> c8n[Orms gl to the lAnpugge �1 d in AIA Document A312 December 1984 <br /> ting, a c 1� . <br />