|
CONTRACTOR'S BOND FOR LABOR AND MATERIAL
<br />
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />
<br /> That
<br />
<br />as Principal, and ,
<br />
<br />incorporated under the laws of the State of , and
<br />to execute bonds and undertakings as Surety, are held and firmly bound unto any
<br />and all materialmen, persons, companies or corporations furnishing materials,
<br />provisions, provender or other supplies used in, upon, for or about the
<br />performance of the work contracted to be executed or performed under the
<br />contract hereinafter mentioned, and all persons, companies or corporations
<br />renting implements or machinery, or hiring crews, for or contributing to said
<br />work to be done, and all persons who perform work or labor upon the same, and
<br />all persons who supply both work and materials, and whose claim has not been
<br />paid by the contractor, company, or corporations in the just and full sum of
<br /> Dollars, ($ ),
<br />for the payment whereof, well and truly to be made, said Principal and Surety
<br />bind themselves, their administrators, successors and assigns, jointly and
<br />severally firmly by these presents.
<br />
<br /> The condition of the foregoing obligation is such that; WHEREAS, the above
<br />bounden Principal has entered into a certain contract with the City of
<br />Pleasanton, to do and perform the following work; to wit:
<br />
<br /> OFF-SITE STORM DRAINAGE IMPROVEMENTS, SENIOR HOUSING, PROJECT NO. 86-11
<br />
<br />as required by the plans and specifications, pursuant to the award made to said
<br />contractor by the Council of the City of Pleasanton on
<br />19 , as will more fully appear by reference to the minutes of said Council
<br />of said City of said date.
<br />
<br />NOW THEREFORE, if the above bounden Principal, contractor, person, company, or
<br />corporation, or his agent, or the subcontractors, fails to pay for any
<br />materials, provisions, provender, or other supplies, or crews used in, upon,
<br />for, or about the performance of the work contracted to be done, or for any
<br />work or labor done thereon of any kind, or for amounts due under the
<br />Unemployment Insurance Act with respect to such work or labor, or for any
<br />amount required to be deducted, withheld, and paid over to franchise Tax Board,~
<br />from the wages of employees of the contractor or subcontractor, pursuant to
<br />Section 18806 of the Revenue and Tax Code, then the Surety of this bond will
<br />also pay the same in an amount not exceeding the sum specified in the bond; and
<br />also, in case suit is brought upon this bond, a reasonable attorney's fee,
<br />which shall be awarded by the court to the prevailing party in said suit, said
<br />attorney's fee to be taxed as costs in said suit and to be included in the
<br />judgment therein rendered.
<br />
<br />CDS.1.5 14
<br />
<br />
<br />
|