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<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,
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<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.
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<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
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<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.
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<br />(FOR INFORMATION ONLY-Name, Address and Telephone)
<br />I AGENT or BROKER: OWNER'S REPRESENTATIVE (Architect, Engineer or other party):
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<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,
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<br />00600-2
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<br />03-4197
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