e. Contract approval - Laserfiche WebLink

Cass County Highway Department Contract Bond Bond No. 190-015-932 Project No. CH0607 KNOW ALL MEN BY THESE PRESENTS, that we Roadwav Services. PO Box 1452. Farqo, NO 58107. NAME AND ADDRESS OF CONTRACTOR 'IS rrincipal. and Liberty Mutual Insurance Company NAME AND ADDRESS OF SURETY Interchange Corporate Center, 450 Plymouth Road, Suite 400, Plymouth Meeting, PA 19462 as surety, are held and firmly bound unto Cass County, North Dakota, as owner in the penal sum of One Hundred Three Thousand Eiqht Hundred Ninety and 80/100.($103,890.80) for lhe use of the owner and also for the use of any person having any lawful claim against the principal or any subcontractor on account of labor or supplies or materials as set forth in the conditions hereof; for the payment of which well and truly to be made we jointly and severally bind ourselves. and each of our heirs, executors, administrators. and successors, firmly by these presents. WHEREAS, said principal has entered into a wrilten contract with the owner for: CH0607 Crack, Clean, and Seal on Various Cass County Hiqhwavs In Cass County, North Dakota. which contract and incorporated plans and specifications are by this reference made a part hereof, and are hereinafter referred to as the contract. NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS THAT if Ihe principal shall: (1) perform all the terll1~. covenants and condilions of said contract; (2) protect the owner againsl any loss or damage from any cause arising out of said contract: (3) payor cause to be paid all bills and claims against the pnncipal or any subcontractor on Rccount of labor or services performed and all materials, equipment or supplies furnished, whether direclly or indirectly arising out of the performance of said contract; (4) pay all insurance premiums and all items for which payment under the terms of the contract is to be made or guaranteed by the principal; (5) have made or will make, prior 10 the commencement of any work by the principal or any subcontractor under such contract, full and true report 10 lhe Worker's Compensation Bureau of the payroll expenditures for the employees to be engaged in such work, and that the principal has paid, or will pay, the premium thereon prior to Ihe commencement of such work; (6) payor cause to be paid all contributions due to the Unemployment Compensation Division; and (7) payor cause to be paid any and all taxes that may be assessed or levied or to be a charge against such contraclor or any subcontractor under such contract by the state or any of its subdivisions; then this obligation shall be null and void; otherwise it will remain in full force and effect. And the said surety hereby stipulates and agrees that any change, extension. alteration, deduction or addilion, wilh or without notice 10 the surety, in or to Ihe terms of said contract or the plans or the specifications accompanying the same as provided for therein, shall not in anywise affect the obligation and liability of said surety on this bond. 1 vf 3