Unimark EC3000 Series Spezifikationen Seite 263

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Exhibit N
00720. FORM OF PAYMENT BOND
BY THIS BOND, We _______________________________________, as Principal,
hereinafter called Contractor, and _______________________________, as Surety, are bound
to the Board of County Commissioners of Broward County, Florida, as Obligee, hereinafter
called County, in the amount of ______________________________ Dollars ($____________)
for the payment whereof Contractor and Surety bind themselves, their heirs, executors,
administrators, successors and assigns, jointly and severally.
WHEREAS, Contractor has by written agreement entered into a Contract, Bid/Contract
No.: _____________, awarded the _______ day of __________________, 20____, with
County which Contract Documents are by reference incorporated herein and made a part
hereof, and specifically include provision for liquidated damages, and other damages identified,
and for the purposes of this Bond are hereafter referred to as the "Contract";
THE CONDITION OF THIS BOND is that if Contractor:
1) Pays County all losses, liquidated damages, expenses, costs and attorney’s fees
including appellate proceedings, that County sustains because of default by Contractor
under the Contract; and
2) Promptly makes payments to all claimants as defined by Florida Statute 255.05(1) for all
labor, materials and supplies used directly or indirectly by Contractor in the performance
of the Contract;
THEN CONTRACTOR'S OBLIGATION SHALL BE VOID; OTHERWISE, IT SHALL
REMAIN IN FULL FORCE AND EFFECT SUBJECT, HOWEVER, TO THE
FOLLOWING CONDITIONS:
a) A claimant, except a laborer, who is not in privity with Contractor and who has
not received payment for its labor, materials, or supplies shall, within forty-five
(45) calendar days after beginning to furnish labor, materials, or supplies for the
prosecution of the work, furnish to Contractor a notice that he intends to look to
the bond for protection.
b) A claimant who is not in privity with Contractor and who has not received
payment for its labor, materials, or supplies shall, within ninety (90) calendar
days after performance of the labor or after complete delivery of the materials or
supplies, deliver to Contractor and to the Surety, written notice of the
performance of the labor or delivery of the materials or supplies and of the
nonpayment.
Exhibit 3
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