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CITY OF SANTA ANA Bond No. 024249594 **Premium included on BONDS Performance bond** PROJECT NO.: 14-6802,18-6424, & 20-6618 Project: Warner Ave. and Storm Drain Improvement (Main St. to Oak St.) KNOW ALL MEN BY THESE PRESENTS that Lonerock Inc as CONTRACTOR and The Ohio Casi laItLinsurance CoMpany a corporation, organized and existing under the laws of the State, and duly authorized to transact business under the laws of the State of California, as SURETY, are held and firmly bound unto the City of Santa Ana, as AGENCY, in the penal sum of Nine million four hundred eighty-six thousand five hundred twenty-five & 00/100--- -- Dollars which is 100 percent of the total contract amount for the above stated project, for the payment of which sum, CONTRACTOR and SURETY agree to be bound, jointly and severally, firmly by these presents. THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas CONTRACTOR has been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated March 16, 2021 for Furnish and Install Water Main and Storm Drain if CONTRACTOR or any subcontractor fails to pay for any labor or material of any kind used in the performance of the Work of Improvement to be done under said Contract Agreement, or fails to submit amounts due under the State Unemployment Insurance Act with respect to said labor, SURETY .will pay for the same in an amount not exceeding the sum set forth above, which amount shall insure to the benefit of all persons entitled to file claims under the State Code of Civil Procedures; provided that any alterations in the work to be done, materials to be furnished, or time for completion made pursuant to the terms of the contract documents shall not in any way release either CONTRACTOR or SURETY, and notice of said alterations is hereby waived by SURETY. IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and sealII>r`.Jy 25th day of March 2021 TOR* Lonerock I� - � r Qr rrlAT�l*TL.. 11L: !� _u _ _-_••... `•"'• Subscribed and sworn to before me, 20 Signature: Notary Public in and for the County of Rate of premium on this bond is $ _ Total amount of premium charge is $ State of this day of - er thousand. To be filled in by Surety *Provide CONTRACTOR /ADMITTED SURETY name, address, and telephone number and the name, title, address, and telephone number of authorized representative. 2 of 3