1995 S Purchasing - Sparrow and Sons, Inc. $76,759

Browse Search

THE AMERICAN INSTITUTE OF ARCHITECTS AIA Document A311 Labor and Material Payment Bond THIS BOND IS ISSUED SIMULTANEOUSLY 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 Sparrow & Sons, Inc. (Here insert full name and address or legal title of Contractor) 305 Weaver Street, Carrboro, N. C. 27510 as Principal, hereinafter called Principal, and, Great American Insurance Company (Here insert full name and address or legal title of Surety) P. 0. Box 957, Cincinnati, Ohio as Surety, hereinafter called Surety, are held and firmly bound unto The County of Orange (Here insert full name and address or legal title of Owner) 116 E. Margaret Lane Hillsborough, N. C. 27278 as Obligee, hereinafter called Owner, for the use and benefit of claimants as hereinbelow defined, in the Seventy Six Thousand, Seven Hundred Fifty Nine and no/100 amount of CC (Here insert a sum equal to at least one-half of the contract price) Dollars ($76 759.00 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 February 27, 19 95 , entered into a contract with Owner for (Here insert full name, address and description of pro)ect) Orange County Public Works — New Vehicle Maintenance Facility, Hillsborough, N. C. in accordance with Drawings and Specifications prepared by (Here insert full name and address or legal tale of Architeco 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 • A!A i FEBRUARY 1970 ED •THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 N.Y.AVE., N W.,WASHINGTON, D. C. 20006 3 WARNING: Unlicensed photocopying violates U.S.trademark laws and is subject to legal prosecution.