SURETY A KNOW ALL MEN BY THESE PRESENTS, That we, the Principal and Surety (ies) hereto, are firmly bound to the United States of America (hereinafter called the Governinent) in the above penal sum for the payment of which we bind ourselves, our heirs, executors, administrators, and successors, jointly everally: Provided. That, where the Sureties are corporations acting as co-sureties, we, the Sureties, bind ourselves uch sum "jointly and severally" as well as "severally" only for the purpose of allowing a joint aion or actions against any or all of us, and for all other purposes each Surety binds itself, jointly and severally with the Pripal. or the payment of such sum only as is set forth opposite the name of such Surety, b... na mit of liability is indicated the limit of liability shall be the full amount of the penal sum. THE CONDITION OF THIS OBLIGATION above; CIM that whereas the Principal entered into the contract identified NOW, THEREFORE, The Principal shall promply make payment to all persons supplying labor and material in the prosecution of the work provided for in said contrac and any and all duly authorized modifications of said contract that may hereafter be made notice of which modifications to the Surety (ies) being hereby waived, then the above obligation shall be void and no effect IN WITNESS WHEREOF, the Principal and Surety (ies) have executed this payment bond and have affixed their seals on the date set forth above. 1. This form, for the protection of persons supplying labor and material, shall be used whenever a payment bond is required under the act of August 24, 1935, 49 Stat. 793, as amended (40 U.S.C. 270a-270e). There shall be no deviation from this form without approval by the Administrator of General Services. 2. The full legal name and business address of the Principal shall be inserted in the space designated "Principal" on the face of the form. The bond shall be signed by an authorized person. Where such person is signing in a rep. resentative capacity (e.g., an attorney-in-fact), but is not a member of the firm, partnership, or joint venture, or an offi. cer of the corporation involved, evidence of his authority must be furnished. 3. (a) Corporations executing the bond as sureties must be among those appearing on the Treasury Department's list of approved sureties and must be acting within the limitations set forth therein. Where more than a single corporate surety is involved, their names and addresses (city and State) shall be inserted in the spaces (Surety A, Surety B, etc.) headed "CORPORATE SURETY (IES)", and in the space designated "SURETY (IES)" on the face of this form only the letter identification of the Sureties shall be inserted. (b) Where individual sureties execute the bond, they shall be two or more responsible persons. A completed Affidavit of Individual Surety (Standard Form 28), for each individual surety, shall accompany the bond. Such sureties may be required to furnish additional substantiating information concerning their assets and financial capability as the Government may require. 4. Corporations executing the bond shall affix their corporate seals. Individuals shall execute the bond opposite the word "Seal"; and, if executed in Maine or New Hamp. shire, shall also affix an adhesive seal. 5. The name of each person signing this payment bond should be typed in the space provided. W SURETY § 1-16.901-25B 25 and 25A. Standard Form 25B: Continuation Sheet for Standard Forms 24, 2. 2. Corporate Corporate Corporate Corporate Corporate Corporate Corporate Corporate 22. TOTAL AMOUNT OF CONTRACT $ CONTRACTING OFFICER WILL COMPLETE BLOCK 22 OR 26 AS APPLICABLE CONTRACTOR'S NEGOTIATED AGREEMENT (Contractor is required to sign this document and return. 23. NAME OF CONTRACTOR 26. AWARD (Contractor is not required to sign this document.) Your offer on Solicitation Number including the additions or changes made by you which additions or changes are set forth in full above, is hereby accepted as to the items listed above and on any continuation sheets. This award consummates the contract which consists of the following documents: (a) the Government's solicitation and your offer, and (b) this award/contract. No further contractual document is necessary. 27. UNITED STATES OF AMERICA |