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<br />I <br /> <br />1. The Contractor and the Surety, jointly and severally, bind <br />themselves, their heirs, executors, administrators, successors and <br />assigns to the Owner for the performance of the Construction Contract, <br />which is incorporated herein by reference. <br />2. With respect to the Owner, this obligation shall be null and void if the <br />Contractor: <br />2.1, Promptly makes payment, directly or indirectly, for all sums due <br />Claimants, and <br />2.2, Defends, indemnifies and holds harmless the Owner from all <br />claims, demands, liens or suits by any person or entity who <br />furnished labor, materials or equipment for use in the <br />performance of the Construction Contract, provided the Owner <br />has promptly notified the Contractor and the Surety (at the <br />address described in Paragraph 12) of any claims, demands, <br />liens or suits and tendered defense of such claims, demands, <br />liens or suits to the Contractor and the Surety, and provided <br />there is no Owner Default. <br />3. With respect to Claimants, this obligation shall be null and void if the <br />Contractor promptly makes payment, directly or indirectly, for all sums <br />due. <br />4. The Surety shall have no obligation to Claimants under this Bond <br />until: <br />4.1, <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />Claimants who are employed by or have a direct contract with <br />the Contractor have given notice to the Surety (at the address <br />described in Paragraph 12) and sent a copy, or notice thereof, <br />to the Owner, stating that a claim is being made under this <br />Bond and, with substantial accuracy, the amount of the claim. <br />4.2, Claimants who do not have a direct contract with the <br />Contractor: <br />1. Have furnished written notice to the Contractor and sent a <br />copy, or notice thereof, to the Owner, within 90 days after <br />having last performed labor or last furnished materials or <br />equipment included in the claim stating, with substantial <br />accuracy, the amount of the claim and the name of the <br />party to whom the materials were furnished or supplied or <br />for whom the labor was done or performed: and <br />2. Have either received a rejection in whole or in part from <br />the Contractor, or not received within 30 days of furnishing <br />the above notice any communication from the Contractor <br />by which the Contractor has indicated the claim will be <br />paid directly or indirectly: and <br />3. Not having been paid within the above 30 days, have sent <br />a written notice to the Surety (at the address described in <br />paragraph 12) and sent a copy, or notice thereof, to the <br />Owner, stating that a claim is being made under this Bond <br />and enclosing a copy of the previous written notice <br />furnished to the Contractor. <br />5, If a notice required by Paragraph 4 is given by the Owner to the <br />Contractor or to the Surety, that is sufficient compliance. <br />6. When the Claimant has satisfied the conditions of Paragraph 4, the <br />I Surety shall promptly and at the Surety's expense take the following <br />actions: <br />6.1. <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />Send an answer to the Claimant, with a copy to the Owner, <br />within 45 days after receipt of the claim, stating the amounts <br />that are undisputed and the basis for challenging any amounts <br />that are disputed, <br />6.2, Payor arrange for payment of any undisputed amounts. <br />7, The Surety's total obligation shall not exceed the amount of this <br />Bond, and the amount of this Bond shall be credited for any payments <br />I made in good faith by the Surety. <br />8. Amounts owned by the Owner to the Contractor under the <br />Construction Contract shall be used for the performance of the <br /> <br />I <br /> <br />I <br /> <br />Construction Contract and to satisfy claims, if any, under any <br />Construction Performance Bond. By the Contractor furnishing and the <br />Owner accepting this Bond, they agree that all funds earned by the <br />Contractor in the performance of the Construction Contract are dedicated <br />to satisfy obligations of the Contractor and the Surety under this Bond, <br />subject to the Owner's priority to use the funds for the completion of the <br />work. <br />9, The Surety shall not be liable to the Owner, Claimants or others for <br />obligations of the Contractor that are unrelated to the Construction <br />Contract. The Owner shall not be liable for payment of any costs or <br />expenses of any Claimant under this Bond, and shall have under this <br />Bond no obligations to make payments to, give notices on behalf of, or <br />otherwise have obligations to Claimants under this Bond, <br />10. The Surety hereby waives notice of any change, including changes <br />of time, to the Construction Contract or to relate subcontracts, purchase <br />orders and other obligations, <br />11, No suit or action shall be commenced by a Claimant under this Bond <br />other than in a court of competent jurisdiction in the location in which the <br />work or part of the work is located or after the expiration of one year from <br />the date (1) on which the Claimant gave the notice required by <br />Subparagraph 4.1 or Clause 4.2 (iii), or (2) on which the last labor or <br />service was performed by anyone or the last materials or equipment were <br />furnished by anyone under the construction Contract, whichever of (1) or <br />(2) first occurs. If the provisions of this Paragraph are void or prohibited <br />by law, the minimum period of limitation available to sureties as a <br />defense in the jurisdiction of the suit shall be acceptable. <br />12, Notice to the Surety, the Owner or the Contractor shall be mailed or <br />delivered to the address shown on the signature page, Actual receipt of <br />notice by Surety, the Owner or the Contractor, however accomplished, <br />shall be sufficient compliance as of the date received at the address <br />shown on the signature page, <br />13, When this Bond has been furnished to comply with a statutory or <br />other legal requirement in the location where the construction was to be <br />performed, any provision in this Bond conflicting with said statutory or <br />legal requirement shall be deemed deleted herefrom and provisions <br />conforming to such statutory or other legal requirement shall be deemed <br />incorporated herein. The intent is, that this Bond shall be construed as a <br />statutory bond and not as a common law bond. <br />14. Upon request by any person or entity appearing to be a potential <br />beneficiary of this Bond, the Contractor shall promptly furnish a copy of <br />this Bond or shall permit a copy to be made. <br />15, DEFINITIONS <br />15.1,Claimant: An individual or entity having a direct contract with <br />the Contractor or with a subcontractor of the Contractor to <br />furnish labor, materials or equipment for use in the <br />performance of the Contract. The intent of this Bond shall be <br />to include without limitation in the terms "labor, materials or <br />equipment" that part of water, gas, power, light, heat, oil, <br />gasoline, telephone service or rental equipment used in the <br />Construction Contract, architectural and engineering services <br />required for performance of the work of the Contractor and the <br />Contractor's subcontractors, and all other items for which a <br />mechanic's lien may be asserted in the jurisdiction where the <br />labor, materials or equipment were furnished. <br />15,2.Construction Contract: The agreement between the Owner <br />and the Contractor identified on the signature page, including <br />all Contract Documents and changes thereto. <br />15.3.0wner Default: Failure of the Owner, which has neither been <br />remedied nor waived, to pay the Contractor as required by the <br />Construction Contract or to perform and complete or comply <br />with the other terms thereof. <br /> <br />(FOR INFORMATION ONLY-Name, Address and Telephone) <br />I AGENT or BROKER: OWNER'S REPRESENTATIVE (Architect, Engineer or other party): <br /> <br />I <br /> <br />I Final Version 6/07 <br />EJCDC No. 191O-28B (1984 Edition) <br />Prepared through the joint efforts of the Surety Association of America, Engineers' Joint Contract Documents Committee, The Associated <br />I General Contractors of America, American Institute of Architects, American Subcontractors Association, and the Associated Specialty <br />Contractors, <br /> <br />00600-2 <br /> <br />03-4197 <br />