Orange County NC Website
Orange County West Campus Office Building -HVAC <br />PDC Project 23020 Payment Bond 00 90 00.02 - 1 <br />Section 00 90 00.02 -Payment Bond <br />Date of Contract: ____________________________________________________________________ <br />Date of Execution: <br /> ___________________________________________________________________ <br />Name of Principal: <br /> ___________________________________________________________________ <br />(Contractor): <br /> ________________________________________________________________________ <br />Name of Surety: <br /> _____________________________________________________________________ <br />County: _________________________________________________________________ <br />Amount of Bond: <br /> ____________________________________________________________________ <br />Project: <br /> ___________________________________________________________________________ <br />KNOW ALL MEN BY THESE PRESENTS,that we,the principal and surety above named,are held <br />and firmly bound unto the above named contracting body,hereinafter called the contracting body,in <br />the penal sum of the amount stated above for the payment of which sum well and truly to be made,we <br />bind ourselves,our heirs,executors,administrators,and successors,jointly and severally,firmly by <br />these presents. <br />THE CONDITION OF THIS OBLIGATION IS SUCH,that whereas the principal entered into a certain <br />contract with the contracting body,identified as shown above and hereto attached: <br />NOW,THEREFORE,if the principal shall promptly make payment to all persons supplying <br />labor/material in the prosecution of the work provided for in said contract,and any and all duly <br />authorized modifications of said contract that may hereafter be made,notice of which modifications to <br />the surety being hereby waived,then this obligation to be void;otherwise to remain in full force and <br />virtue. <br />Docusign Envelope ID: 8DED1454-68D2-4E36-9FC6-E56FF2124E5D