THE FINAL PREMIUM IS This bond was issued in two (2)
<br />PREDICATED ON THE CITY OF SANTA ANA originai counterparts
<br />FINAL CONTRACT AMOUNT BONDS Bond No. 7673615
<br />PROJECT NO.: 25-6711
<br />CIVIC CENTER REHABILITATION
<br />PAYMENT BOND (LABOR AND MATERIALS).
<br />WHEREAS, the City of Santa Ana (hereinafter designated as the "City"), has awarded to
<br />Haa;[y& Hamer. Inc. _ (hereinafter designated as the "Principal") an agreement for
<br />Contract No. (hereinafter referred to as the "Project");
<br />*Project No.: 25-6711, Civic Center Rehabilitation
<br />WHEREAS, the work to be performed by the Principal is more particularly set forth in the Contract
<br />Documents for the Project dated Mardi 18th, 2025 , (hereinafter referred to as "Contract
<br />Documents"), the terms and conditions of which are expressly incorporated herein by reference;
<br />and
<br />WHEREAS, said Principal is required to furnish a bond in connection with said contract; providing
<br />that if said Principal or any of its subcontractors shall fail to pay for any materials, provisions,
<br />provender, equipment, or other supplies used in, upon, for or about the performance of the work
<br />contracted to be done, or for any work or labor done thereon of any kind, or for amounts due
<br />under the Unemployment Insurance Code or for any amounts required to be deducted, withheld,
<br />and paid over to the Employment Development Department from the wages of employees of said
<br />Principal and its subcontractors with respect to such work or labor the Surety on this bond will pay
<br />for the same to the extent hereinafter set forth.
<br />NOW THEREFORE, we, the Principal and Fidelity and Deposit company afmwyiana_, as Surety, are held
<br />and firmly bound unto the City in the penal sum of ** Dollars ($915,000.00 )
<br />lawful money of the United States of America, for the payment of which sum well and truly to be
<br />made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly
<br />and severally, firmly by these presents.
<br />**Nine Hundred Fifteen Thousand and 00/100
<br />THE CONDITION OF THIS OBLIGATION IS SUCH that if said Principal, his or its subcontractors,
<br />heirs, executors, administrators, successors or assigns, shall fail to pay any of the persons named
<br />in Civil Code section 9100, fail to pay for any materials, provisions or other supplies, used in,
<br />upon, for or about the performance of the work contracted to be done, or for any work or labor
<br />thereon of any kind, or amounts due under the Unemployment Insurance Code with respect to
<br />work or labor performed under the contract, or for any amounts required to be deducted, withheld,
<br />and paid over to the Employment Development Department or Franchise Tax Board from the
<br />wages of employees of the contractor and his subcontractors pursuant to Revenue and Taxation
<br />Code Section 18663, with respect to such work and labor the Surety or Sureties will pay for the
<br />same, in an amount not exceeding the sum herein above specified, and also, in case suit is
<br />brought upon this bond, all litigation expenses incurred by the City in such suit, including
<br />reasonable attorneys' fees, court costs, expert witness fees and investigation expenses.
<br />This bond shall inure to the benefit of any of the persons named in Civil Code Section 9100 so as
<br />to give a right of action to such persons or their assigns in any suit brought upon this bond.
<br />It is further stipulated and agreed that the Surety on this bond shall not be exonerated or released
<br />from the obligation of this bond by any change, extension of time for performance, addition,
<br />alteration or modification in, to, or of any contract, plans, specifications, or agreement pertaining
<br />or relating to any scheme or work of improvement herein above described, or pertaining or relating
<br />to the furnishing of labor, materials, or equipment therefore, nor by any change or modification of
<br />any terms of payment or extension of the time for any payment pertaining or relating to any
<br />scheme or work of improvement herein above described, nor by any rescission or attempted
<br />rescission or attempted rescission of the contract, agreement or bond, nor by any conditions
<br />precedent or subsequent in the bond attempting to limit the right of recovery of claimants
<br />1 of 5
<br />
|