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INSTRUCTIONS TO THE SURETY COMPANY <br /> The following items must be completed and checked: <br /> 1. Separate Subcontract Performance and Subcontract Payment Bonds, in an amount <br /> equal to 100% of the amount of the Subcontract Agreement, must be executed on <br /> Interstate Highway Construction, Inc. bond forms (attached). <br /> 2. The surety company executing said bonds shall have a minimum A.M. Best rating of A-. <br /> 3. The Subcontract Performance Bond and Subcontract Payment Bond must both be <br /> signed and sealed by the President or Vice President of the subcontractor's corporation <br /> and attested by the Secretary or Assistant Secretary when the principal on the bonds is <br /> a corporation. <br /> 4. In the event of a sole proprietorship or partnership, the owner or general partner of the <br /> company must sign, no seal is required, and the owner's or general partner's signature <br /> must be witnessed. <br /> 5. The bonds must be accompanied by a valid Power of Attorney, issued by a Corporate <br /> Surety. The Power of Attorney should represent the authority of the Attorney-in-Fact as <br /> being in effect on the date of execution of the Bonds. Any limitation of dollar value on <br /> the Attorn ey-in-Fact's authority must be greater than the face amount of the Bonds. <br /> 6. The Subcontract Performance and Subcontract Payment Bonds must be signed by the <br /> Attomey-in-Fact for the Surety and the seal of the Surety should be affixed to the face of <br /> the Bonds. <br />