Change Order No 1 & PCA - 2019 Community Crossings Round 2 Proj No. 119-065 - Rieth-Riley Construction Co., Inc.

Home Browse Search

MAINTENANCE Travelers Casualty and Surety Company of America BOND Hartford, CT 06183 Bond No.: 107281114 KNOWN ALL BY THESE PRESENTS: That we RIETH-RILEY CONSTRUCTION CO,, INC, i as Principal, and Tr -Illy of America a corporation avelers Casualty and Surety Comp I organized and existing under the Laws of the State of as Surety, are held and firmly bound unto CITY of SouTH SENc r1EPARTMENT OF PUBLIC WORKS , as Obligee, in the total sum of seventy seven Thousand Three Hundred Principal and Surety bind U.S. Dollars ($ 77,398.20 ) for the payment whereof said themselves, jointly and severally, as provided herein. WHEREAS, the Principal entered into a contract with the Obligee dated 12/10/2019 for City of South Send -Community Crossings Round 2 - Project No. 119-065 ("Work"). NOW, THEREFORE, THE 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 8/26/2020 (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 31 st day of August - 1 2020 (Principal) RIETH-RILEY CONSTRUCTION CO., INC. Travelers Casualt and Surety Company of Atrica By: DebWJ. Doyle , Attorney-irl-Faet,