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Public Construction BondJacobs Key West International Airport 05/13 Monroe County Pavement Rehabilitation of Faraldo Circle Project No. GAKA154 BOND NO. 35BC EP0707 PUBLIC CONSTRUCTION BOND By this Bond, We Douglas N. Higgins, Inc. , as Princi al, whose principal business address is 3390 Travis Pointe Suite A Ann Arbor MI 48108 as corporation, and Hartford Accident and Indemnity Company as Surety, an bound to Monroe County hereinafter called County, in the sum of U.S. Dollars 78 901.60 (Minimum 100% of total bid amount) for payment which we bind ourselves, our heirs, personal representatives, successors, and assigns, jointly and severally. THE CONDITION OF THIS BOND is that if Principal: 1. Performs the contract dated, 2013 between Principal and County for construction of PAVEMENT REHABILITATION OF FARALDO CIRCLE the Contract b ing made a part of this Bond by reference, at the times and in the manner prescribed in the Contract. 2. Promptly make payments to all claimants, as defined in Section 255.05 (1), Florida Statutes, supplying Principal with labor, materials, or supplies, used directly or indirectly by Principal in the prosecution of the work provided for in the Contract, which is made a part of this bond by reference, and in the times and in the manner prescribed in the Contract; and 3. Pays the County all losses, damages, expenses, costs and atto ney's fees, including appellate proceedings, that County sustains because of a failure by Principal under the Contract; and 4. Performs the guarantee of all work and materials furnished under the Contract for the time specified in the Contract, then this Bond is void; otherwise it remains in full force. This bond is subject to the provisions of Section 255.05, Florida Statues. Any changes in or under the Contract Documents and compliance or non - compliance with any formalities connected with the Contract or the changes does not affect Surety's obligation under this Bond. Bond of contractor constructing public buildings; form; action by mater al men (Florida Statues- Section 255.05) (1)(a) Any person entering into a formal contract with the state or any cc political subdivision thereof, or other public authority or private ei construction of a public building, for the prosecution and completion of a p for repairs upon a public building or public work shall be required, before coi unty, city, or tity, for the iblic work, or imencing Jacobs Key West International Airport Monroe County Pavement Rehabilitation of Faraldo Circle Project No. GAKA154 05/13 the work or before recommencing the work after a default or abandonment, in the records of the county to execute, where the deliver to the public owner, and record public improvement is located, a payment and performance bond with a surety insurer authorized to do business in this state as surety. A public entity may not bond this section from a specific agent require a or bonding contractor to secure a surety under The bond must state on its front page: the name, principal business address, and company. phone number of the contractor, the surety, the owner of the property being improved, and, if different from the owner, the contracting public entity; the the entity; and a description of contract the project number assigned by contracting public sufficient to identify it, such as a legal description or the street address of the property being improved, and a general description of the improvement. Such bond shall be conditioned upon the contractor's performance of the construction work in the time and manner prescribed in the contract and promptly making payments to all persons defined in s. 713.01 who furnish labor, services, or materials for the prosecution of the work provided for in the contract. Any claimant may apply to the governmental entity having charge of the work for copies of the contract and bond and shall thereupon be furnished with a certified copy of the contract and bond. The claimant shall have a right of action against the contractor and surety for the amount due him or her, including unpaid finance charges due under the involve the public authority in any expense. At the claimant's discretion contract. Such action shall not of the official or board awarding such contract when such work is done for any county, city, political subdivision, or public authority, any person entering into such a contract which is for $200,000 or less may be exempted from executing the payment and performance bond. In the event such exemption is granted, the officer or officials shall not be personally liable to persons suffering loss because of granting such exemption. Any p as by this subsection ovision in a which payment bond furnished for public work contracts provided the classes of persons as defined in s. 713.01 protected by the bond or the venue of restricts any proceeding relating to such bond is unenforceable. (b) The Department of Management Services shall adopt rules with respect to all contracts for $200,000 or less, to provide: 1. Procedures for retaining up to 10 percent of each request for payment Submitted by a contractor and procedures for determining disbursements from the amount ret fined on a pro rata basis to laborers, material men, and subcontractors, as defined in s. 713.01 2. Procedures for requiring certification from laborers, material men, and subcontractors, as defined in s. 713.01, prior to final payment to the contractor that such laborers, material men, and subcontractors have no claims against the contractor resulting from the completion of the work provided for in the contract. The state shall not be held liable to any laborer, material man, or subcontractor for any amounts greater than the pro rata share as determined under this section. (c)1. The amount of the bond shall equal the contract price, except that foi excess of $250 million, if the state, county, municipality, political subdivi public entity finds that a bond in the amount of the contract price is not reasona the public owner shall set the amount of the bond at the largest amou available, but not less than $250 million. 2 a contract in ;ion, or other ply available, , it reasonably Jacobs Key West International Airport Monroe County Pavement Rehabilitation of Faraldo Circle Project No. GAKA154 2. For construction - management or design -build contracts, if the public own( include in the bond amount the cost of design or other non - construction SE bond may not be conditioned on performance of such services or payment furnishing such services. Notwithstanding paragraph (a), such a bond m persons furnishing such services from the classes of persons protected by the (2)(a)l . If a claimant is no longer furnishing labor, services, or materials on contractor or the contractor's agent or attorney may elect to shorten the pre: in this paragraph within which an action to enforce any claim against a pa, provided pursuant to this section may be commenced by recording in the cle notice in substantially the following form: NOTICE OF CONTEST OF CLAIM AGAINST PAYMENT BOND To: (Name and address of claimant) You are notified that the undersigned contests your notice of nonpaymer , and served on the and and that the time within which you m� enforce your claim is limited to 60 days after the date of service of this notice. DATED on Signed: (Contractor or Attorney) The claim of any claimant upon whom such notice is served and who fails to in: enforce his or her claim against the payment bond within 60 days after service shall be extinguished automatically. The clerk shall mail a copy of the notice of claimant at the address shown in the notice of nonpayment or most 05/13 �r does not rvices, the to persons ay exclude )ond. a project, a ,cribed time /ment bond rk's office a t, dated arsigned on q file suit to ,titute a suit to of such notice contest to the Jacobs Key West International Airport 05/13 Monroe County Pavement Rehabilitation of Faraldo Circle Project No. GAKA154 recent amendment thereto and shall certify to such service on the face of su h notice and record the notice. Service is complete upon mailing. 2. A claimant, except a laborer, who is not in privity with the contractors all, before commencing or not later than 45 days after commencing to furnish labor, materials for the prosecution of the work, furnish the contractor with a writter ervices, or notice that he or she intends to look to the bond for protection. A claimant who is not in privity with the contractor and who has not received payment for his or her labor, services, or materials shall deliver to the contractor and to the surety written notice the or supplies and of the nonpayment. of the performance of the labor or delivery of materials The notice of nonpayment may be served at any time during the progress of the work or thereafter but not before 45 days after the first furnishing of labor, services, r materials, and not later than 90 days after the final furnishing of the labor, services, or materials by the claimant or, with respect to rental equipment, not later than 90 days after for Any the date notice of that the rental equipment was last on the job site available use. who is not in privity with the contractor which includes nonpayment served by a claimant sums for retainage must specify the portion of the amount claimed for re ainage. No action for the labor, materials, or supplies may be instituted against the cont actor or the surety unless both notices have been given. Notices required or permitted be served in accordance with s. 713.18. A claimant may riot under this waive in section may advance his or her right to bring an action under the bond against the SL rety. In any action brought to enforce a claim against a payment bond under this section, the his or her prevailing party is entitled to recover a reasonable fee for the services of in amount to be determined by the attorney for trial and appeal or for arbitration, an court, which fee must be taxed as part of the prevailing party's costs, as allowed in equitable actions. The time periods for service of a notice of nonpayment or from the for bringing last day of an action against a contractor or a surety shall be measured materials by the claimant and shall not be measured by furnishing labor, services, or other standards, such as the issuance of a certificate of occupancy or the i suance of a certificate of substantial completion. (b) When a person is required to execute a waiver of his or her right to make a claim against the payment bond in exchange for, or to induce payment of, a progress payment, the waiver may be in substantially the following form: WAIVER OF RIGHT TO CLAIM AGAINST THE PAYMENT BOND (PROGRESS PAYMENT) The undersigned, in consideration of the sum of $ , hereby waives its right to claim against the payment bond for labor, services, or materials furnished through insert 4 Jacobs Key West International Airport Monroe County Pavement Rehabilitation of Faraldo Circle Project No. GAKA154 date) to (insert the name of your customer) on the job of Lin for improvements to the following described project: (description of project) ,a This waiver does not cover any retention or any labor, services, or materials the date specified. DATED ON Claimant (c) When a person is required to execute a waiver of his or her right to against the payment bond, in exchange for, or to induce payment of, the the waiver may be in substantially the following form: WAIVER OF RIGHT TO CLAIM AGAINST THE PAYMENT BOND (FINAL PAYMENT) The undersigned, in consideration of the final payment in the amount of $ waives its right to claim against the payment bond for labor, services, furnished to (insert the name of your customer) on the job of (insert the name for improvements to the following described project: (description of project) DATED ON Claimant By: (d) A person may not require a claimant to furnish a waiver that is diffe forms in paragraphs (b) and (c). (e) A claimant who executes a waiver in exchange for a check may conditi on payment of the check. 05/13 9-ril- ished after a claim payment, hereby or materials 4 it from the the waiver 5 Jacobs Key West International Airport Monroe County Pavement Rehabilitation of Faraldo Circle Project No. GAKA154 (f) A waiver that is not substantially similar to the forms in this subsection is enforceabl accordance with its terms. in (3) The bond required in subsection (1) may be in substantially the following form: PUBLIC CONSTRUCTION BOND Bond No. (enter bond number) 05/13 BY THIS BOND, We , as Principal and a corporation, as Surety, are bound to , herein called Owner, in the sum of $ , for payment of which we bind ourselves, our heirs, personal representatives, successors, and assigns, jointly and severally. THE CONDITION OF THIS BOND is that if Principal: 1. Performs the contract dated , between Principal and Owner for construction of , the contract being made a part of this bond by reference, at the times and in the manner prescribed in the contract; and 2. Promptly makes payments to all claimants, as defined in Section 255.05(1), Florida Statutes, supplying Principal with labor, materials, or supplies, used directly or indirectly by Principal in the prosecution of the work provided for in the contract; and 3. Pays Owner all losses, damages, expenses, costs, and attorney's fees, includ ng appellate proceedings, that Owner sustains because of a default by Principal under the contract; and 4. Performs the guarantee of all work and materials furnished under the contract for the time specified in the contract, then this bond is void; otherwise it remains in full force. Any action instituted by a claimant under this bond for payment must be in accordance with the notice and time limitation provisions in Section 255.05(2), Florida Statutes. Any changes in or under the contract documents and compliance or noncompliance with any formalities connected with the contract or the changes does not affect Surety's obligation under this bond. DATED ON (Name of Principal) By (As Attorney in Fact) (Name of Surety) (4) The payment bond provisions of all bonds required by subsection 1) shall be construed and deemed statutory payment bonds furnished pursuant to this section and such bonds shall not under any circumstances be converted into common law bonds. 6 Jacobs Key West International Airport 05/13 Monroe County Pavement Rehabilitation of Faraldo Circle Project No. GAKA154 (5) In addition to the provisions of chapter 47, any action authorized under this section may be brought in the county in which the public building or public wom is being constructed or repaired. This subsection shall not apply to an action instituted prior to May 17, 1977. (6) All payment bond forms used by a public owner and all payment bon s executed pursuant to this section by a surety shall make reference to this section by number and shall contain reference to the notice and time limitation provisions in subsection (2). (7) In lieu of the bond required by this section, a contractor may file wit the state, county, city, or other political authority an alternative form of security in the form of cash, a money order, a certified check, a cashier's check, an irrevocable letter of credit, r a security of a type listed in part II of chapter 625. Any such alternative form of security hall be for the same purpose and be subject to the same conditions as those app icable to the bond required by this section. The determination of the value of an alternative forn of security shall be made by the appropriate state, county, city, or other political subdivision. (8) When a contractor has furnished a payment bond pursuant to this section, he or she may, when the state, county, municipality, political subdivision, or other public authority written demand on makes any any claimant payment to the contractor or directly to a claimant, serve a is in with the contractor for a written statement under oath of his or her who not privity account showing the nature of the labor or services performed and to be performed, if any; the materials furnished; the materials to be furnished, if known; the amount paid on account to date; the amount due; and the amount to become due, if known, as of the is in date of the vity with the statement by the claimant. Any such demand to a claimant who not pr at the address and to the atte tion of any contractor must be served on the claimant who is designated to receive the demand in the notice to contractor served by person the claimant. The failure or refusal to furnish the statement does not the bond if the demand is not served at the deprive the address of claimant of his or her rights under or directed to the attention of the person designated to receive the demand in the claimant the notice to contractor. The failure to furnish the statement within 30 days the furnishing of a false or fraudulent statement, deprives the claimant after the who fails to demand, or furnish the statement, or who furnishes the false or fraudulent statement, of his or her rights the bond. If the contractor serves more than one demand for stateme t of account under on a claimant and none of the information regarding the account has changed failure or refusal to furnish such statement since the does not claimant's last response to a demand, the deprive the claimant of his or her rights under the bond. The negligent inclusion or omission of any information deprives the claimant of his or her rights under the bond to the extent that the contractor can demonstrate prejudice from such act or omission to a demand for statement of acc by the unt does not claimant. The failure to furnish a response the bond being enforced in a lawsuit filed b fore the date affect the validity of any claim on the demand for statement of account is received by the claimant. (9) On any public works project for which the public authority requires a performance and payment bond, suits at law and in equity may be brought and maintained by an Jacobs Key West International Airport 05/13 Monroe County Pavement Rehabilitation of Faraldo Circle Project No. GAKA154 against the public authority on any contract claim arising from breach of an express provision or an implied covenant of a written agreement or a written directive issued by the pub is authority pursuant to the written agreement. In any such suit, the public authority and the contractor shall have all of the same rights and obligations as a private person under a lie contract except that no liability may be based on an oral modification of either the wr' ten contract or written directive. Nothing herein shall be construed to waive the sovereign immunit of the state and its political subdivisions from equitable claims and equitable remedies. The rovisions of this subsection shall apply only to contracts entered into on or after July 1, 1999. (10) An action, except an action for recovery of retainage, must be instituted the bond or the payment provisions of a combined against the payment contractor or the surety on payment and performance bond within 1 year after the performance of the labor or completion of delivery of the materials or supplies. An action for recovery of retainage must be instituted labor against the of contractor or the surety within 1 year after the performance of the or action may not be instituted until completion one of the delivery of the materials or supplies; however, such an following conditions is satisfied: (a) The public entity has paid out the claimant's retainage to the contractor, and the time provided under s. 218.735 or s. 255.073(3) for payment of that retainage to the claimant has expired; (b) The claimant has completed all work required under its contract and 70 days have passed since the contractor sent its final payment request to the public entity; or (c) At least 160 days have passed since reaching substantial completion construction services purchased, as defined in the contract, or if not defined in of the the contract, since reaching beneficial occupancy or use of the project. (d) The claimant has asked the contractor, in writing, for any of the following information and the after receipt of contractor has failed to respond to the claimant's request, in writing, within 10 days the request: 1. Whether the project has reached substantial completion, as that term is defined in if beneficial occupancy or use of the project has the contract, occurred. or if not defined in the contract, 2. Whether the contractor has received payment of the claimant's retainage, and f so, the date the retainage was received by the contractor. 3. Whether the contractor has sent its final payment request to the public entity, nd if so, the date on which the final payment request was sent. If none of the conditions described in paragraph (a), paragraph (b), paragraph (c) or paragraph (d) is satisfied and an action for recovery of retainage cannot be instituted within the 1 -year limitation period set forth in this subsection, this limitation period shall be extended until 120 days after one of these conditions is satisfied. Jacobs Key West International Airport Monroe County Pavement Rehabilitation of Faraldo Circle Project No. GAKA154 Principal agrees to record this Bond in the Official Records for the commencement of the work subject of this Bond. Dated on: November 7, 2013 PRINCIPAL: Douglas N. Higgins, Inc. 0 Address: ✓a vls I Ce I nk .1 8d 30M rT Ha 0 e t and Inde ity As Attorney ' - act SURETY: Address: One Hartford Plaza T -4 Hartford CT 06155 t L8 /b 7 pany Claims against this Bond are subject to the notice and time provisions set forth in Section 255.05, Florida Statutes. In accordance with the provisions of Section 255.05, Florida Statutes, the Contractor shall provide to the County a hundred (100) percent Performance Bond and a hundred 100) percent Labor and Material Payment Bond each in an amount not less than the total cons ruction cost. To be acceptable to the County as Surety for Performance Bonds and Labor and Material Payment Bonds, a Surety Company shall comply with the following provisions: 1. The Surety Company shall have a currently valid Certificate of Authority, issued by the State of Florida, Department of Insurance, authorizing it to write surety bonds in the State of Florida. 2. The Surety Company shall have currently valid Certificate of Authority issued by the United States Department of Treasury under Sections 9304 to 9308 of Title 31 of the United States Code. 3. The Surety Company shall be in full compliance with the provisions of the Florida Insurance Code. 4. The Surety Company shall have at least twice the minimum surplus and capital required by the Florida Insurance Code at the time the invitation to bid is issued. 9 Jacobs Key West International Airport Monroe County Pavement Rehabilitation of Faraldo Circle Project No. GAKA154 5. If the Contract Award Amount exceeds Five Hundred ($500,000), the Surety Company shall also comply with tl provisions: A. The Surety Company shall have at least the following minimum the latest issue of Best's Key Rating Guide. POLICYHOLDER'S MNITRAr.T AMOUNT REQUIRED RATING FINAN $ 500,000 TO 1,000,000 A- C 05/13 Thousand e following ratings in RATING I $1,000,000 TO 2,000,000 A- CLASS II $2,000,000 TO 5,000,000 A- CLASS III $5,000,000 TO 10,000,000 A- CLASS IV $10,000,000 TO 25,000,000 A- CLASS V $25,000,000 TO 50,000,000 A- CLAS VI $50,000,000 TO 100,000,000 A- CLASS VII $50,000,000 TO 100,000,000 A- CLASS VII B. The Surety Company shall not expose itself to any loss on any one risk in an amount exceeding ten (10) percent of its surplus to policyholders, provided: (a) Any risk or portion of any risk being reins red shall be deducted in determining the limitation of the risk as prescribed in this section. These minimum requirements shall apply to the reinsuring carrier providing authorization or approval by the State of Florida, Department of Insurance to d business in this state have been met. (b) In the case of the surety insurance company, in addition to the deduction for reinsurance, the amount assumed by any co- surety, the value of any security deposited, pledged or held subject to the consent of the surety and for the protection of the surety shall be deducted. 10 Direct Inq jiriesIClaims to: THE ARTFORD POWER OF ATTORNEY One irtford Plaza Hartford, C onnecticut 06155 call: 888 - 266 -34 8 or fax: 860 - 757 -5835 KNOW ALL PERSONS BY TH ESE PRESENTS THAT: enc Code: 35- 350851 X� Hartford Fire Insurance Company, a corporation duly organized under the laws of the State of Connecticut X� Hartford Casualty Insurance Company, a corporation duly organized under the laws of the State of Indiana Hartford Accident and Indemnity Company, a corporation duly organized under the laws of the State of Connecticut Hartford Underwriters Insurance Company, a corporation duly organized under the laws of the State of Conf ecticut Twin City Fire Insurance Company, a corporation duly organized under the laws of the State of Indiana Hartford insurance Company of Illinois, a corporation duly organized under the laws of the State of Illinois Hartford Insurance Company of the Midwest, a corporation duly organized under the laws of the State of In iana Hartford Insurance Company of the Southeast, a corporation duly organized under the laws of the State of lorida having their home office in Hartford, Connecticut, (hereinafter collectively referred to as the "Companies ") do hereby make, constitute and appoint, up to the amount of unlimited: Heather M. Johnson, Joel E. Speckman, Terri Mahakian, David Hariock of Ann Arbor, MI their true and lawful Attorneys) -in -Fact, each in their separate capacity if more than one is named above, to sign its n me as surety(ies) only as delineated above by ®, and to execute, seal and acknowledge any and all bonds, undertakings, contracts and other written instruments in the nature thereof, on behalf of the Companies in their business of guaranteeing the fidelity of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted in any actions or proceedings allowed by law. In Witness Whereof, and as authorized by a Resolution of the Board of Directors of the Companies on August 1, 2009 the Companies have caused these presents to be signed by its Vice President and its corporate seals to be hereto affixed, duly attested by its Assistant Secretary. Further, pursuant to Resolution of the Board of Directors of the Companies, the Companies hereby unambiguously affirm that they are and will be bound by any mechanically applied signatures applied to this Power of Attorney. • a;�wr..�e.r a �O�r .sr+1��= s .+ ' M 'r♦^� t r '� + *96 j` • �•i1N fi t , !970 9 7 . It Wesley W. Cowling, Assistant Secretary M. Ross Fisher, Vice F resident STATE OF CONNECTICUT ss. Hartford COUNTY OF HARTFORD On this 12 day of July, 2012, before me personally came M. Ross Fisher, to me known, who being by me my sworn, did depose and say: that he resides in the County of Hartford, State of Connecticut; that he is the Vice President of the Companies, the corporations described in and which executed the above instrument; that he knows the seals of the said corporations; that the seals affixed tote said instrument are such corporate seals; that they were so affixed by authority of the Boards of Directors of said corporations and that he signed his name thereto by like authority. Y�7MOtl1►� °�v�'T ,��t.d� • Iy�ye: • Kathleen T. Maynard Notary blic My Commission Ex ires July 31, 2016 CERTIFICATE I, the undersigned, Vice President of the Companies, DO HEREBY CERTIFY that the above and foregoing is a true and correct copy of the Power of Attorney executed by said Companies, which is still in full force effective as of November 7, 2013 . Signed and sealed at the City of Hartford. r �etir+irr y �.lt y N � ,/� � .�,t�� g w,� +n 6rtv %fal � � �iP .. � •d, ✓ .. ...`t* • � • �`� • 'x�MOS 7' i� ~• �.. G Gary W. Stumper, ViC President