2008-091 Purchasing- Clancy & Theys Construction Manager at Risk Services Animal Services Facility

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THE AMERICAN INSTITUTE OF ARCHITECTS Bond No 105072507 AlA 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 Clancy & Theys Construction Company (Hero insert M namo and address or legal We of Contractor) 516 West Cabarrus Street Raleigh, NC 27603 as Principal, hereinafter called Principal, and, Travelers Casualty and Surety Company of America (Hero insert fuU name and address or legal We of Surety) One Tower Square, Hartford, CT 06183 as Surety, hereinafter called Surety, are held and firmly bound unto Orange County (Hero assert Na namo and address or legal Lido 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 One Million Three Hundred Eight Thousand Seven Hundred Thirty Three Dollars and 00/100 (Here insert a sun equal to at least one-half of the contract price) Dollars($ 1,308,733 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 19, 2008 , entered into a contract with Owner for (Hen insert fsrfl name,address and description of project) Orange County Animal Services Facility Site Construction, Chapel Hill, North Carolina in accordance with Drawings and Specifications prepared by (Hero insert futl name and address or legal We of Architect) which contract is by reference made a part hereof, and is hereinafter referred to as the Contract. ILA DOCUMENT A311 PERFORMANCE BONO AND LABOR AND MATERIAL PAYMENT BONO • AIA FEBRUARY 1970 E0. THE AMERICAN INSTITUTE OFARCHITECTS,1736 N.Y.AVE,N.W.WASHINGTON,D.C.20000 1