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vucuoiyi i o rvciupu w.ucc i au i t-ouvr--•rocs-ocoo-•rvrA(oo 1 fZ74aLp <br /> PO#:461001608 <br /> Routing#:2 1-HA4-ZG-00096 <br /> Exhibit C Bond No.906222804 <br /> (Page 1 of 2) <br /> State of Colorado <br /> Department of Transportation <br /> PAYMENT BOND <br /> KNOW ALL PERSONS BY THESE PRESENTS,That we Castle Rock Construction Company of Colorado,LLC <br /> of the County of Arapahoe,in the State of Colorado as Principal,and LIBERTY MUTUAL INSURANCE COMPANY <br /> of Boston <br /> in the State of Massachusetts <br /> as surety,are held and firmly bound unto the STATE OF COLORADO,in the penal sum of FIVE MILLION FIVE <br /> HUNDRED EIGHTY ONE THOUSAND FIVE HUNDRED DOLLARS AND ZERO CENTS($5,581,500.00),with <br /> interest thereon at the rate eight of percent(8%)per annum until paid,in good and lawful money of the United States <br /> of America, for the payment whereof, well and truly to be made, we bind ourselves, our and each of our heirs, <br /> administrators,executors,successors and assigns,jointly and severally,firmly by these presents. <br /> The condition of the obligation is that the Principal and the State of Colorado acting by and through the Principal <br /> Representative have entered into a certain Contract,dated 3/8/2021 for a <br /> project described as Project No. NHPP R400-370 (22975) consisting of highway construction of US 287 & SH 40 <br /> Passing Lanes —Construction Package 1 in Cheyenne and Lincoln Counties in the State of Colorado; said work of <br /> construction to be done according to the requirements of said contract; <br /> NOW THEREFORE, if the said Principal, his sub-contractor or subcontractors, and each of them and all of them, <br /> shall duly pay for all labor,materials,and other supplies used or consumed in the performance of the work to be done <br /> or any part thereof, and if the said Principal shall also fully indemnify and save harmless the State of Colorado, and <br /> all persons as provided by the Statutes of the State of Colorado, from any and all damages or loss which the said <br /> State of Colorado or any persons as provided by the Statutes of the State of Colorado may or shall suffer by reason <br /> of the default of the Principal or anyone acting for them as sub-contractor or otherwise in connection with such <br /> payments,these presents shall become void,otherwise to be and remain in full force and effect. <br /> THE STATE OF COLORADO shall be under no obligation, except as expressly provided by statute, to withhold <br /> any sums due the said Principal under the terms of this contract,or to protect in any other way the surety or sureties, <br /> claimants or others. <br /> Document Builder Generated Exhibit C-Page 1 of 2 <br /> Rev. 12/09/2016 <br />