WARRANTY/MAINTENANCE BOND

Document Sample
WARRANTY/MAINTENANCE BOND Powered By Docstoc
					                                                                                                                                        (02-1-10)
                                                 WARRANTY/MAINTENANCE BOND
                        (Standard Specifications Section 932-2.2 Bridge Structures-Elastomeric Bearing Pads)
                                                                  Furnished by Contractor

                                                                                                         Bond No.______________
Know All Men By These Presents,

That we,    _______________________________________________________, hereinafter called Principal/Contractor, and                    ________(Name and
Address)____________________________________________________________________, hereinafter called the Surety, are held and firmly bound
unto the State Of Florida Department Of Transportation, hereinafter called the Obligee, in the full and just sum of
______________ _____________________ Dollars ($________________), current money of the United States, for the payment whereof we hereby
bind ourselves and each of us and each of our heirs, executors, administrators, successors and assigns, jointly and severally, this _________ day of
________________________, 20______________.

WHEREAS, the Principal has heretofore entered into a contract with the Obligee dated, ____________________________ for __Contract # _____ Financial
Project Number _____________________________________________ to be performed in accordance with the contract documents, including, but not
  limited to, special provisions, supplemental and standard specifications, drawings, supplemental agreements and change orders, all of which are by reference
incorporated herein and made a part hereof, and hereinafter referred to as the Contract; and

WHEREAS, said Contract provides that the Principal will furnish a warranty/maintenance bond for the replacement of any defective components of the
Elastomeric Bearing Pads installations pursuant to and as more specifically provided for in Standard Specifications Section 932-2.2, any related
supplemental specification, special provision, Department Construction Memos 20-09 and 01-10 or other provision of the Contract.

NOW, THEREFORE, the condition of this obligation is such that, if the Principal shall remedy any defects and make any repairs, replacements, and
perform warranty work as may be required by Standard Specification Section 932-2.2 and the Contract and pay to and indemnify the Obligee against any
loss, cost, damage or expense the Obligee may incur by reason of such defect work and or failure of the Principal to perform or satisfactorily complete
warranty work as required by the Contract and this bond, then this obligation shall be void; otherwise, it shall remain in full force and effect.

The warranty and maintenance period covered by this bond is Five Years after the Department’s final acceptance of all work required by the Contract, as
more specifically provided for in the Contract.

This bond shall apply to all defects and required warranty work that are identified, occur, appear or manifest themselves within the warranty period
specified by the Contract and this bond and for which the Obligee has given written notice to the Principal and Surety during the warranty period.

WITNESS the signature of the Principal and the signature of the Surety by ________________________________________ its
________________________________________ (Agent or Attorney-in-Fact) with the seals of said Principal and Surety hereunto affixed

this _______________ day of ___________________________, 20_______________.

_______________________________________________
Principal (Type/Print Name of Entity)

By _____________________________________________
Authorized Signature                (SEAL HERE)

______________________________________
Print Name and Title of Person Signing

Surety is organized and existing under the laws of the State of ______________________ and authorized to do business in the State of Florida, pursuant
to the laws of the State of Florida.

Countersigned: _____________________________________                              _________________________________________________
                  Florida Licensed Agent                                                Name of Surety Company (Print)
Print information below (Florida Licensed Agent ONLY; whether in
Attorney-in-Fact or Countersignature role);                                       By: ______________________________________________
                                                                                          Attorney-in-Fact (Surety)     (SEAL HERE)
Name: ____________________________________________
Business Address: __________________________________                                _____ Above Signatory is also Florida Licensed Agent
_________________________________________________                                    (check if applicable and complete business name, address and
Telephone: ________________________________________                                  telephone number block at left; if not, have such an agent
                                                                                     countersign and complete block)
.

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:14
posted:7/17/2012
language:
pages:2