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HomeMy WebLinkAboutPUBLIC CONSTRUCTION BONDy JOSE_.-=. SMITH, CLERK OF THE CIRCUIT COURT SAINT LUCIE COUNTY FILES 414617001/040016a199:30AM OR BOOK 3823 PAGE 519-573 DwType: BOND RECORDING: $4_ 4.06 Exhibit F (sample) Public Construction Bond SC[V/VED St. LuBy cie Countv BOND NUMBER 285052040 BONDAMOUNT $1224000 CONTRACT AMOUNT $8 967 201 00 CONTRACTOR'S NAME:. Motorola Solution Inc.. Attn: Mike Bunting CONTRACTOR'S ADDRESS: 8900 West. Sunrise Blvd. Plantation PI 33322 CONTRACTOR'S PHONE: 954-410-6614 SURETY COMPANY: Liberty Mutual Insurance Compan SURETY'S ADDRESS: 175 Berkeley Street Boston, MA 02116 SURETY'S, PHONE: 312-454-7750' OWNER'S NAME: ST. LUCIE COUNTY BOARD OF COUNTY COMMISSIONERS OWNER'S ADDRESS: 2300 Virginia Avenue; Ft. Pierce, FL 34982 OWNER'S PHONE: L—) PROJECT NAME: PROJECT 25RADIO SYSTEM UPGRADE PROJECT NUMBER: DESCRIPTION OF WORK: Furnish, Install, and maintain a Proiect 25 Radio System Upgrade PROJECT LOCATION: St. Lucie County LEGAL DESCRIPTION: Furnish and install a Proiect25 Radio System Upgrade This Bond isassued in favor.of the County conditioned on the full and faithful performance of the Contract KNOW ALL MEN BY THESE PRESENTS: that Contractor and Surety, are held and firmly bound unto St. Lucie County Board of County Commissioners 2300 Virgi,niaAvenue Ft. Pierce; Florida 33401 as Obligee m called County; for the use and benefit of claimant as herein below defined, in the amount,o S 1 221000 for the payment whereof Principal and Surety bind themselves, their heirs, personal represen at es, executors, administrators, successors and assigns, jointly and severally, firmly by these, presents. WHEREAS, Principal has by written agreement entered into a contract with the County for Project Name: Project 25 RADIO SYSTEM UPGRADE Project No.: THE CONDITION OF THIS BOND is that if Principal; 1. Performs the contract between Principal and County for the construction of Project 25 Radio System Upgrade; the contract being made a part of this bond by reference; at the times and in the manner prescribed in the contract; and. 2. Promptly makes payments to 'all claimants„ as defined in Section 255.05; Florida Statutes, supplying Principal with labor, materials, or supplies, used directly or indirectly by Principal in, the prosecution of the work provided for in the contract; -and 3. Pays County all losses, damages (including liquidated damages), expenses, costs, and attorneys' fees, including appellate proceedings, that County sustains because of a default by Principal under the contract; and 4. Performs the guarantee of all work and materials furnished under the contract for the time specifiedin-the-contract, then this bond,is void; otherwise it remains in full force. 5: Any changes in or undeif the contract documents and compliance or, noncompliance with any formalities -connected with the contract or the changes -does not affecf Surety's obligation under this bond and Surety waives notice of such changes. 6: The -amount of this bond shall be reduced by and to the extent of any payment or payments made imgood faith hereunder, inclusive of the payment by Surety of construction liens which may be filed of record against said improvement, whether or not claim for the amount of such lien be presented under and against the bond. 7. Principal and Surety expressly acknowledge that any and all provisions relating to consequential, delay and liquidated damages • contained in the contract are expressly"covered by and made a part of this Performance, labor and Material Payment Bond. Principal and Surety CSA v.12-15-2015 Motorola Contract/Apttus No. 141095 Page acknowledge that any such provisions lie within their obligations and within the policy coverages and limitations of this instrument. Section 255.05, Florida Statutes; as amended, together with all notice. and time provisions. contained therein, is' ncorporated herein, by reference, in its entirety. Any action instituted by a claimantunder this bond for payment must be in accordance with the notice and time limitation provisions in Section 255t05(2), Florida Statutes. This instrument regardless of its form, shall be construed and deemed a statutory bond issued inaccordance with Section 255.05, Florida Statutes. Any action brought underthis instrument shall be brought in the court of competent jurisdiction in St. Lucie County and not elsewhere. Motorola Solutions, Inc. Signed and seated this 23rd day of December, 2015. Principal (Seal) Title 2 Lpeity utuallnsurance Company Sure (Seal) OAIAI 4t rintN.ame SandraM. Winded, Attorney -in -Fact Wi NY-ltaxI CSAv.12-15-2015 Motorola Contrael/Aptius No. 1410g5 .Page