PCA - South Well Field Backwash Line Relocation Proj No. 117-059C - HRP Construction Inc.

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Bond No. MNT9412023 KNOW ALL MEN BY THESE PRESENTS: That HRP Construction Inc. PO Box 266 5777 Cleveland Rd South Bend, IN 46624-0266 as Principal, hereinafter call Contractor, and Fidelity and Deposit Company of Maryland Chicago, IL 60606 , as Surety, hereinafter call Surety, are held and firmly bound unto City of South Bend Board of Public Works_, as Obligee, hereinafter called Owner, in the penal sum of $ $23,359.00 , for the payment whereof Contractor and Surety bind themselves, their heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents. WHEREAS, Contractor has by written agreement, dated September 13, 2022 1 entered into a contract with Owner forfl;ntith Well RPM R:;nkw;;qh I 4np Rpinnafinn, Pwig-rt Un 117-n-5qC I in accordance with the General Conditions, the Drawings and Specifications, which contract is by reference incorporated herein, and made a part hereof, and is referred to as the Contract. NOW, THEREFORE, the condition of this obligation is such that, if Contractor shall remedy any defects due to faulty materials or workmanship, and pay for any damage to other work resulting therefrom, which shall appear within a period of three (3) year(s) from the date of substantial completion of the work provided for in the Contract, then this obligation to be void; otherwise to remain in full force and effect. Bond shall be effective from December 14, 2022 to December 14, 2025. PROVIDED, HOWEVER, that Owner shall give Contractor and Surety notice of observed defects with reasonable promptness. SIGNED and sealed this 12th day of December .2022 HRP Construction Inc. Principal By L (Seal) Matthew D. Cain,- P-r- ident Fidelity and Deposit Company of Maryland wcom SEAL i fi ifer L K/asznia,Attorney-in-Fact