Change Order No 1-PCA - Fellows Street Raised Crosswalk Proj No 117-086 - Rieth Riley Construction Co

Home Browse Search

MAINTENANCE Travelers Casualty and Surety Company of America BOND Hartford, CT 06183 Bond No.: 106949464 KNOWN ALL BY THESE PRESENTS. That we RI'ETH-RILEY CONSTRUCTION CO., INC. as Principal, and Travelers Castial!l-and.SairetyComi)anxofAmerica , a corporation organized and existing under the Laws of the State of connectigit —, as Surety, are held and firmly bound unto CITY OF SOUTH BEND BOARD OF PUBLIC WORKS _, as Obligee, in the total SUM Of Ten Thousand Six Hundred Fortv Three and 86/100 U.S. Dollars (s 10,643.86 ) for the payment whereof said Principal and Surety bind themselves, jointly and severally, as provided herein. WHEREAS:, the Principal entered into a contract with the Obligee dated 11/114/201'7 Fellows Street Raised Crosswalk 117-086 for ("Work"). NOW, THEREFOREJHE CONDITION OF THIS OBLIGATION IS SUCH, that if the Principal shall maintain and remedy said Work free from defects in materials and workmanship for a period of 3 year(s) commencing on 7/21/18 — (the "Maintenance Period"), then this obligation shall be void; otherwise it shall remain in full force and effect, PROVIDED, HOWEVER, that any suit under this bond shall be commenced no later than one (1) year from the expiration date of the Maintenance Period; provided, however, that if this limitation is prohibited by any law controlling the construction hereof, such limitation shall be deemed to be amended so as to be equal to the minimum period of limitation permitted by such law, and said period of limitation shall be deemed to have accrued and shall commence to run on the expiration date of the Maintenance Period. SIGNED this 9th day of August 2018 — (Principal) RIETH-RILEY CONSTRUCTION CO., INC By, JOWA Travelers Casualty and Surety Company of America By: Sandra M. Nowak , Attorney -in -Fact