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HomeMy WebLinkAboutPre-Attachment 3Attachment "A" B-50717 PERFORMANCE AND PAYMENT BOND Bond No. 532783P BY THIS BOND, We Envirowaste Services Group, Inc. , as Principal, hereinafter called CONTRACTOR, and Developers Surety and Indemnity Company as Surety, are bound to the City of Miami, Florida, , hereinafter called CITY, and Miami -Dade County, Florida as Joint Obligees, hereinafter jointly referred to as OBLIGEES, hereinafter called CITY, in the amount of One Hundred Fourty Nine Thousand Eight :Hundred Five and XX/100 Dollars ($149, 805. 00 ) for the payment whereof CONTRACTOR and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally. WHEREAS, CONTRACTOR has by written agreement entered into a Contract, Bid/Contract No.: B-50717 , awarded the day of , 20 , with CITY which Contract Documents are by reference incorporated herein and made a part hereof, and specifically include provision for liquidated damages, and other damages identified, and for the purposes of this Bond are hereafter referred to as the "Contract"; THE CONDITION OF THIS BOND is that if CONTRACTOR: 1. Performs the Contract between CONTRACTOR and CITY for construction of Citywide Storm Sewer Inlet Cleaning Project , the Contract being made a part of this Bond by reference, at the times and in the manner prescribed in the Contract; and 2. Pays CITY all losses, liquidated damages, expenses, costs and attorney's fees including appellate proceedings, that CITY sustains as a result of default by CONTRACTOR under the Contract; and 3. Promptly makes payments to all claimants as defined by Florida Statute. 255.05(1) for all labor, materials and supplies used directly or indirectly by CONTRACTOR in the performance of the Contract; THEN CONTRACTOR'S OBLIGATION SHALL BE VOID; OTHERWISE, IT SHALL REMAIN IN FULL FORCE AND EFFECT SUBJECT, HOWEVER, TO THE FOLLOWING CONDITIONS: Page 1 of 3 I U1111.10 LV I./0:1Y U Ii—r 1diJOI. VI 4LJI I IIJ14LI41 I I4JJ LI 14 1JHICAI Iv4 Uri 1.11v •►•.wv• Attachment "A" B-50717 to CONTRACTOR under the Contract and any amendments thereto, less the amount properly paid by CITY to CONTRACTOR. No right of action shall accrue on this bond to or for the use of any person or corporation other than CITY named herein. The Surety hereby waives notice of and agrees that any changes in or under the Contract Documents and compliance or noncompliance with any formalities connected with the Contract or the changes does not affect Surety's obligation under this Bond. Signed and sealed this 6 day of WITNESSES/ATTE T: 4, Secretary (CORPORATE SEAL) IN THE PRESENCE OF: Page 3 of 3 B Deve By: 4160 e. ,e e 2Q 5 CONTRACTOR: Envirowaste Services Grou , Inc. (Name of Contract r) (Print Name and Title) INSURANCE COMPANY: Indemnity Company Agent an Attorney -in -Fact Michael Bonet Address: 150 S. Pine Island Road Ste. 115 (Set) Plantation, FL 33324 {City/State/Zip Code) Telephone No.: 954-693--0270