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DocuSign Envelope ID:7FFCOE71-7C9F-498C-9A8A-D9969FBC8D7D <br /> clty of <br /> Fort Collins Official Purchasing Document <br /> •-r>�err - Last updated 1012017 <br /> SECTION 00610 <br /> PERFORMANCE BOND <br /> Bond No <br /> KNOW ALL MEN BY THESE PRESENTS: that <br /> Firm <br /> Address <br /> (an Individual), (a Partnership), (a Corporation), hereinafter referred to as the "Principal" and <br /> Firm <br /> Address <br /> hereinafter referred to as "the Surety", are held and firmly bound unto City of Fort Collins, 300 <br /> LaPorte Ave, Fort Collins, Colorado 80522 a (Municipal Corporation) hereinafter referred to as <br /> the "OWNER", in the penal sum of ($ ) in lawful money of the United States, for the <br /> payment of which sum well and truly to be made, we bind ourselves, successors and assigns, <br /> jointly and severally, firmly by these presents. <br /> THE CONDITIONS OF THIS OBLIGATION are such that whereas the Principal entered into a <br /> certain Agreement with the OWNER, dated the day of for (original bid/rfp <br /> # & name) a copy of which is hereto attached and made a part hereof, for the performance of <br /> The City of Fort Collins Work Order, titled , Work Order Number , dated the <br /> day of a copy of which is hereto attached and made a part hereof. <br /> NOW, THEREFORE, if the Principal shall well, truly and faithfully perform its duties, all the <br /> undertakings, covenants, terms, conditions and agreements of said Work Order and Agreement <br /> during the original term thereof, and any extensions thereof which may be granted by the <br /> OWNER, with or without Notice to the Surety and during the life of the guaranty period, and if <br /> the Principal shall satisfy all claims and demands incurred under such Work Order and <br /> Agreement, and shall fully indemnify and save harmless the OWNER from all cost and damages <br /> which it may suffer by reason of failure to do so, and shall reimburse and repay the OWNER all <br /> outlay and expense which the OWNER may incur in making good any default, then this <br /> obligation shall be void; otherwise to remain in full force and effect. <br /> PROVIDED, FURTHER, that the said Surety, for value received, hereby stipulates and agrees <br /> that no change, extension of time, alteration or addition to the terms of the Work Order and <br /> Agreement or to the Work to be performed thereunder or the Specifications accompanying the <br /> same shall in any way affect its obligation on this bond; and it does hereby waive notice of any <br /> such change, extension of time, alteration or addition to the terms of the Work Order and <br /> Agreement or to the Work or to the Specifications. <br /> PROVIDED, FURTHER, that no final settlement between the OWNER and the CONTRACTOR <br /> shall abridge the right of any beneficiary hereunder, whose claim may be unsatisfied. <br /> PROVIDED, FURTHER, that the Surety Company must be authorized to transact business in <br /> the State of Colorado and be acceptable to the OWNER. <br /> Services Agreement—Work Order Type <br /> RFP 9227 CM/GC Services for Lemay Ave Realignment over the BNSF Railroad Tracks and Vine Dr Page 21 of 123 <br />