Orange County NC Website
Form OC-10 <br /> SECTION 308 FORM OF PAYMENT BOND <br /> Date of Contract: June 25, 1996 <br /> Date of Execution: July 8, 1996 <br /> Name of Principal: Comfort Engineers <br /> (Contractor) Durham, NC , <br /> Name of Surety: Fidelity and Deposit Company of Maryland <br /> Name of Contracting Body: County of Orange, North Carolina <br /> Amount of Bond: $449,437.00 <br /> Project: Orange County Southern Human Services Center, Chapel Hill, NC <br /> KNOW ALL MEN BY THESE PRESENTS, that we, the principal and surety above <br /> named, are held and firmly bound unto the above named contracting body, hereinafter called <br /> the contracting body, in the penal sum of the amount stated above for the payment of which <br /> sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, and <br /> successors,jointly and severally, firmly by these presents. <br /> THE CONDITION OF THIS OBLIGATION IS SUCH, that whereas the principal <br /> entered into a certain contract with the contracting body identified as shown above and hereto <br /> attached: <br /> NOW, THEREFORE, if the principal shall promptly make payment to all persons <br /> supplyingg labor/material in the prosecution of the work provided for in said contract, and any <br /> and all dul authorized modifications of said contract that may hereafter be made, notice of <br /> which modifications to the surety being hereby waived, then this obligation to be void; <br /> otherwise to remain in full force and virtue. <br /> IN WITNESS WHEREOF, the above-bounden parties have executed this instrument <br /> under their several seals on the date indicated above, the name and corporate seal of each <br /> corporate party being hereto affixed and these presents duly signed by its undersigned <br /> representative, pursuant to authority of its governing body. <br /> Executed in six counterparts. <br /> Witness: _ Comfort Engineers _ <br /> Contractor: (Trade or Corporate <br /> Name) <br /> (Proprietorship or Partnership <br /> Attest: (Corporation) Title: ��QCS olzt"i-I- <br /> 139 <br />