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:
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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:
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By:
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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