EXHIBIT K FORM OF WARRANTY BOND - CRRMA
EXHIBIT K FORM OF WARRANTY BOND - CRRMA
EXHIBIT K FORM OF WARRANTY BOND - CRRMA
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work; anda. the responsibilities of the Principal for correction of defectiveb. actual damages, including additional legal, design professional anddelay costs resulting from Principal’s default, and resulting from the actions or failure to act ofSurety under Paragraph 5.c. Liquidated Damages under the Agreement.7. No alteration, modification or supplement to the Warranty provisions ofthe Contract Documents or the nature of the work to be performed thereunder, including withoutlimitation any extension of time for performance, shall in any way affect the obligations ofSurety under this bond. Surety waives notice of any alteration, modification, supplement orextension of time.8. Initially capitalized terms not otherwise defined herein shall have thedefinitions set forth in Exhibit A of the Agreement.IN WITNESS WHERE<strong>OF</strong>, Principal and Surety have caused this bond to beexecuted and delivered as of ________________, 2010.Principal:____________________________________By:_________________________________Its: _________________________________(Seal)Surety:____________________________________By:_________________________________Its: _________________________________(Seal)[ADD APPROPRIATE ACKNOWLEDGMENTS]CAMINO REAL REGIONAL MOBILITY AUTHORITYAMERICAS INTERCHANGE PROJECT428094v.4 0053870/00002PAGE 3DESIGN/BUILD AGREEMENT<strong>EXHIBIT</strong> KADDENDUM NO. 2JANUARY ___, 2010
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