Laserfiche WebLink
MAINTENANCE BOND <br />Bond No. MNTzazozas <br />KNOW ALL MEN BY THESE PRESENTS: <br />Premium <br />Concrete Services, Inc., 712 Richmond S[, Elkhart, IN a6s16 <br />as Principal, hereinafter call Contractor, and Old Republic Insurance Con <br />Brookfield, WI <br />as Surety, hereinafter call Surety, <br />are held and firmly bound unto <br />City of South Bend <br />Board of Public Works as Obligee, <br />hereinafter called Owner, in the <br />penal sum of <br />for the payment whereof Contractor and Surety bind themselves, their heirs, executors, <br />administrators, successors, and assigns, tly and severally, firmly by these presents. <br />WHEREAS, Contractor has by written agreement, dated August 22, 2019 <br />entered into a contract with Owner for Walnut Grove and North Riverside Traffic Calming , <br />in accordance with the General Conditions, the Drawings and Specifications, which contract is by reference incorporated herein, <br />and made a part hereof, and is referred to as the Contract. <br />NOW, THEREFORE, the condition of this obligation is such that, 'd Contractor shall remedy any defects due to faulty materials or <br />workmanship, and pay for any damage to other work resulting therefrom, which shall appear within a period of three (2 year(s) <br />from the date of substantial completion of the work provided for in the Contract, then this obligation to be void; otherwise to <br />remain in full force and effect. <br />Bond shall be effective from September 10, 2020 to September 10, 2023. <br />PROVIDED, HOWEVER, that Owner shall give Contractor and Surety notice of observed defects with reasonable promptness. <br />SIGNED and sealed this 1 lth day of September 2020 <br />Premium Concrete Services, Inc. <br />Principal <br />By � (Seal) <br />Old Republic Insurance Company <br />(Seal) <br />Vfifer L. asznia <br />