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Bid Package 08 North Well Field - Garney Construction

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00 61 13.13 Performance Bond<br />

Contractor as Principal<br />

Surety<br />

Name: . Name:<br />

Mailing address (principal place of business):<br />

Mailing address (principal place of business):<br />

Owner<br />

Name:<br />

Mailing address (principal place of business):<br />

Contract<br />

Project name and location:<br />

Effective Date of the Agreement:<br />

Contract Amount:<br />

Bond<br />

Date of Bond<br />

(Date of Bond cannot be earlier than Effective Date of<br />

Agreement)<br />

Bond Amount:<br />

Physical address(principal place of business):<br />

Surety is a corporation organized and existing under<br />

the laws of the state of: _______________<br />

By submitting this bond, Surety affirms their authority<br />

to do business in the State of Texas and their license<br />

to execute bonds in the State of Texas.<br />

Telephone (main number):<br />

Telephone (for notice of claim):<br />

Local Agent for Surety<br />

Name:<br />

Address:<br />

Telephone:<br />

The address of the surety company to which any notice<br />

of claim should be sent may be obtained from the<br />

Texas Department of Insurance by calling the<br />

following toll-free telephone number: 1-800-252-3439<br />

Surety and Contractor, intending to be legally bound and obligated to Owner do each cause this Performance Bond<br />

to be duly executed on its behalf by its authorized officer, agent or representative. The Principal and Surety bind<br />

themselves, and their heirs, administrators, executors, successors and assigns, jointly and severally to this bond.<br />

The condition of this obligation is such that if the Contractor as Principal faithfully performs the work required by<br />

the Contract then this obligation shall be null and void; otherwise the obligation is to remain in full force and effect.<br />

Provisions of the bond shall be pursuant to the terms and provisions of Chapter 2253 of the Texas Government Code<br />

as amended and all liabilities on this bond shall be determined in accordance with the provisions of said Chapter to<br />

the same extent as if it were copied at length herein. Venue shall lie exclusively in Howard County, Texas for any<br />

legal action.<br />

Contractor as Principal<br />

Signature:<br />

Name and<br />

Title:<br />

Surety<br />

Signature:<br />

Name and<br />

Title:<br />

(Attach Power of Attorney)<br />

Performance Bond - <strong>Bid</strong> <strong>Package</strong> #8 00 61 13.13-1<br />

Colorado River Municipal Water District<br />

Ward County Water Supply Expansion Project – <strong>North</strong> <strong>Well</strong> <strong>Field</strong><br />

5/24/2012

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