|
The Contra,^.tut und thc Surecy_ ;ois~tiy snd severatlp. hind
<br />ih~mselves, their h~irs, r~c:utors, adrninis~rztorx, sucressors
<br />and as.igns to thc OM~r•cr io pay for labor. m::tcrial~ and
<br />couipmcnc furni~ted for use in ih: perfurma~cr af the
<br />Con~~:uction Contract. ~~hirh i: incerporatc<i herein b~
<br />ceFcr~~nce.
<br />w'ith res~ri to thc O~ncr, thi. o`~tigation shnll be null and vcid
<br />it thc Contr,~i~c:
<br />2.1 Prompliy rnakes pa~m•:nt. dirccily or in~imctly, for all
<br />ti~a~; d:~ Clax:~a~~s_ xnd
<br />2.2 D`±end~, indemnif:r~ ~~d tiotds harrnless Ihr. Owner frqm
<br />cta:ms, demands. lien~ u- wits by any pcrsor, or ctttity
<br />R'hUSE rlairn, d-m.ind. licn ar suit is fu~ ttk payrnent fi~r
<br />lab:~r. matrrrats or e~uip:nr~t furniihed fi~c usr irt t:7e
<br />~estinrnt•anc~ 05 thr Cexjstn~ction Ce~~trxi. p^ovid~d tilx
<br />U~•ner lias Qromat}~ notifiui the C oolractor ~nd tfx
<br />Surct~ (at Qie adcirr,. S_;cri!~d ii Para~:::+ph i~s of :~r.y
<br />cla:ms. ~Iema~d;. I~in. c~r ~uit. aixi tendemd deSrnu nf
<br />~1l'}I CI11fY1S, AtR7:IR~~. !~en~ ar ~uits 1o tfie C'on:r,ic~nr and
<br />the Surety. an~ pro~ ided thzre i+ no Ou~acr Ikfault.
<br />14'ith respccr tn Ciaiinani~. L'~i~ oblic~:ion ti1~a11 tx~ r-uU a~d ~ oid
<br />i~ thr Comraetur prumptl~ m~}:e~ paymen~. directl~ <.r
<br />indinctlq, fnr al[ ~ums duc-
<br />! "(T~e Sure(~ Sha3f ha~•e r«~ o~iigat:on to C'iaimantti ui~der ih+.
<br />Boid uniil:
<br />~.l Ciairriars~ti anu zrt ~mF1o~~d r,~• cr ha~4 a ~;rect c.~r.tr.~~~
<br />wi[h ehe Cuni:acto: ha~c _i~rn noiice io the Surrt~ rat
<br />the addretii descrihcd i-~ Y1rc,gr~ph 12) ~nd scr.t :: cc ~~y.
<br />or uotirr thxreof. ~o t:~e OW n^r, stalin(~ tTrat a ciaiin i,
<br />bcinc made lndrr th~s Bo~d .~nd. wi~h suhstantia~
<br />accur:~ry. :he:~mount o: thc .lsim.
<br />~1.2 Cla:;n4n,~ wh:~ do nai ha.e a d~rect cun~ra:t with ihc
<br />CantracWr:
<br />.1 Have furrtished a•ritten noFUC to the <.'onlractu:
<br />;~nd sen[ a cop~. or nc>tice ttf rcaf, t~ thr C>wner.
<br />wi~hin txl da~~s afler havicg last perf~rtacc labor ar
<br />'.ast fumished rrutrsiai~ or cquiprrxrn :nc;lude~l in
<br />ific claim stating, uith substantial uccuracy, the
<br />~mount of t}~e rlaim and the name o`. the party to
<br />whom the materi:~ls r4err furnished nr supplicd o!
<br />for who:tt th~ labor wa; cionc or perfornted; and
<br />.2 Have eiiher rtcriF~a1 a rejectio:e in whol~ o: in pan
<br />from the Co~tractnr, or not recci~•ed w-ithin 30
<br />days uf furnishing ~h~ above noiice .:ny
<br />communication ftam the Contra~to> by whirh thc
<br />Contractor h:~s indicaled thc c:aim will b~ prid
<br />dirertty or irulircctly: arxi
<br />.3 ~ol ha~in~ t,~en pai~t within the atx~ve :~0 dlys,
<br />have seiat r w-rittcn nu:ice t<~ thc Surecy (at the
<br />aGdress dc-seritstu in Paragraph 12) ancl sent a
<br />cc~y. ur n:~;~ce tt,errnf, to the (h..ner. ~tat:nF ttut a
<br />claim is txirtg m:,~!t uader this Bvrtd a~d c:~closing
<br />a copy i~t thr pre~•ihus wrltten rtt~tice fumished to
<br />,be Ci~ntr.kt~~r.
<br />S If s ~crtice 2yu~md b~• Paragraph 4 is given by the Owner u, ihe
<br />t'antraclar or lu the Sare~.. chat i. sufti-_rerti enmplianc•e.
<br />6 \~'hen ~h° C'laim:u,t ha. :~ti:,tle~ !!~c con~iti~r.s af Paragraph 4,
<br />the SuretS~ ~~all pro«~;xl~ and ac dx Surcty's eaE,cnse ~alcc :ik-
<br />futlowing :~rtions:
<br />b.l Send ~n anc~~er tn tlic Claim.inc, with a copy to thc
<br />Uwnrr, µithin 3S da~. ~fttr rc~~ipt uf [hc cl2itn, +taiing
<br />thr antount> ih~l ate undi,putcd and tl~c basi. fut
<br />ch.alCrR¢in~ ar.~ am~~unt, that are ditip:~ted.
<br />6.2 Yay ~~r arry~ge fu: pa~ ~~ent of any undi,p~r.ed amo~nn-
<br />7 ?'hc S•rrr.t~'s tntal otiG~a:ion ,t~all n-: cxrred lhr aawunt uf this
<br />Har.ci, and thc :~n~:wnt of thi. A„n~ ~hall be rrccli~°~i for ::ny
<br />payrtxns nradt in g~ti~d laeth b~ thr S~rety.
<br />S Amuunt. uNC.~I t»- ihr Oxnrr to th:~ Cuntrartur ui~der Ihe
<br />Cu~suur~iur Cu~~r,ci c!,aJl tk li;zci "- t:~e }xrfor.narx•r uf ~hr
<br />Co~~struct'so:l Con1r2c1 ai~d to s~ts~fy clai~ns, if any, un~er any
<br />Consuttclion Perfortnance Hund. F3y the Cun?racior fumishing
<br />;:nd tbe Owner accepting this Bond. tt~ey agree that all funds
<br />carned by the Cunir: ctor in the prrPonnarite of th.°. C'olstructicm
<br />Co~tract ~rr Jrdicated to iatisfy oblig2tior~s of ttx Cor.lr::rtur
<br />tinti the Surety 4~ider this Aond, ~ubjzet to lhe Orcnc;r's }>riority
<br />to use thr funds for the co~~plction of the wark.
<br />9 Thc 5urety ~haf1 nut t~ liable to the Uwner. Cfairnarns or others
<br />for obligations of the C:nrstracror tbxt arG unrclated to the
<br />Constrnction Contr:;c:_ 1'hc t)wner shatl not be iiable fur
<br />paymertt of Lny costs or expemcs af ai~p Claimatn undr~ ttiis
<br />Hond, and shall have unckr thi~ Bond m c~b:igatiun~ to make
<br />payments to, givc natiCrs on behall~ ol', or othcrwise have
<br />ahligations tu Cluimanls undrr tt:is Hi~;td.
<br />i0 "fhe Susrly i:ertby waivcs nutice uf any cfisttgc, irtcluding
<br />changts of time, tu ehe Constiurtion Ccmtract or to reJateu
<br />~JbCUft1f3015, (lUichus~ ord~rs and olherci51ig2tians.
<br />1 t ~Jo sui! cx . aicro s1~aH hc ca:nrncnccd by a C~aimant uader this
<br />Bond other thaa in a cvurt ~f cornprtent jnrisdiction i^ tti~
<br />!:>~a:ion in whicb thc work or pan o: the work i, locatecl ar a(ter
<br />thc ex.piratiaa uf one }'ear }rom thc uate ( I) on whirh the
<br />CSaimant g~ve tht notice reyaircd by Scbp.~ragr2p#~ Q.l or
<br />Clau~e 4.2.3, or (2) vn which tbe last labor or srtvice w::s
<br />p:rfonneei b} sr.yoFle or thc la~t materralc or eyuipme~t w•ere
<br />furnished hy anynr.c under Ihe ('onstructic~n Contrart,
<br />whichtver of cl) c~r (~) first ~xcars If thc p:uvisions iif this
<br />Pa'agraph arc ~•oi~ ar prohih;ted by law, tt;e m:nirr.um perio~ nf
<br />li'Ritation available t~ sure~ics a:; a defcn,e in t}~e juri,dicti~n <,f
<br />ihe suit shait tx. up~licatitc.
<br />i2 \ntice ia the Surcty. the Owocr o: thr Contru.ior shall hc
<br />n~ailtd nr delivere~ to the sddre>s ,ho~rn nn the signaturc pa~t.
<br />.Actual receipt u~ r.otice by Suroty, the (lwn°r o; the Cons~a,~tor,
<br />h~wever accc~nt~lisi~eJ. ~haU b~ suffi_~en1 com,~lian:•r as of the
<br />d~u :e:cei~ed at the ad~iress shoa'n on the signature ~~age.
<br />1~ Wh:n this Bond ha.a heen turnisheG to romplp with F sc:.tutory
<br />or o:her legai ceq~ement in :h-~ l.x:etic~r. ahere th: constructioa
<br />was tc~ be perfomtcd. aoy p*o~ision iir this Bond conlliC~ing
<br />with uid sta:utory c~r Eegal requirerrun aball bz dcemed deltted
<br />herefrom arxl p:ovis~ons cnnfarming ta such statuto:y or other
<br />Icgai requircment shall t~t deemeei incorpxated h.rein. The
<br />inten: is thut tf~is $onA shali bt con+trutd as a s[atWU.ry 6and
<br />and not as a comr~oa l.aw bund.
<br />L~ l;}~on -~cquest bp ~ny Qersun vr entity aQQe:;rieg :o be a pntentixi
<br />lxoefi.iary af ttiis t3ond, thc Cantractos shx11 prc~mpUy furnish a
<br />ropy ol' Ulis t~ond or sh•rl l pe.nnit :: co{~y t:~ bc rnade.
<br />15 DFI~iNIT[U\`5
<br />15.1 Claim:uu: An individual orentity having a dircct cmtracy
<br />witd thr Contcac~or or wich a subcontru~ins oi ~he
<br />Co:itractor to ttsmish lab~x, matcrials or eyuipmeat f~c
<br />use in the performance o` the Contracc. 7'he imecx of tbis
<br />Bond chaU b~ n> inch:dc with:wt lin:itatiort in the tsrms
<br />..labor. ma:enal~ ar ex~uip~ne~~" tt~a~ pan c~f water, ga~,
<br />p:~wCr, light, hcs~i, oi4, gasoline, telep:~one ssrvicc or
<br />rentsl cyuipment uscd i~t the Constrvctinn Contr~ct.
<br />architrctu~sl ::od enginecring service~ required (nr
<br />performance of thr work of the Contr::crc~r and the
<br />Conleacinr's wbccvi.ractors, ancl alti other i[im; for which
<br />~ mec::tiurtir's iicn may bc as.crted in thc jurisdictian
<br />wherc the +.::hnr, ~nateriafx or e~uipment wete furnixhed.
<br />15.2 Constractinrt C'ontract: The agreemenl between ~he
<br />Uwner and th~ Coatr:,acr. i:iuuifird on the signature
<br />page, including atl Concra.~;t Ua:urnrms srtd changc5
<br />thereto.
<br />i5 ~Owner Drlault: Failurc oE d~: (>wner. which has neith:r
<br />been ~er~edicci nor waivcd. ta p~~• the Cornractor a,
<br />, eyuired by tlie Co~stmc!i~xi Contraei o: to ~ rform and
<br />c:,mp~te or rornply wiih thr utticr tetmc thereot:
<br />
|