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Bond No: 0606784 <br /> Premium: Included <br /> PAYMENT BOND <br /> KNOW ALL MEN BY THESE PRESENTS: That we, <br /> Case Construction Inc. <br /> as Principal, and, International Fidelity Insurance Com�anv _- organized and <br /> existing unde* the laws of* the Sa�nd authari ed toCe'xecute <br /> NPw�.r_sPy <br /> bonds and undertaking as sole surety, as Surety, are heid and firmly bound unto any and afl <br /> persons named in California Civil Code Section 3181 whose claim has not been paid by the <br /> Contractor, company or corporatian in the aggregate total of <br /> Eight Hundred Fiftv Nine Thousand Eiaht Hundred TwPn v and No/100 Dollars ($859 820.00 ) (being <br /> 100% of the Cantract amount) for the payment whereof, well and truly to be made, said <br /> Principal and Surety bond themselves, their heirs, administrators, successors, and assigns, <br /> jointly and severally, firmly by these presents. <br /> THE CONDITION OF THE FOREG�ING OBLIGATION iS SUCH that, whereas the above with <br /> the City of Redwood City ("Gity")to do the fo{lowing wark, to-wit: <br /> 2013-2014 WATERMAIN REPLACEMENT PROJECT <br /> NOW, THEREFORE, if the above-bounden Principal or his subcontractors fail to pay any of the <br /> persons named in Section 3181 of the Civil Code of the State of California, or amounts due <br /> under the Unemployment Insurance Code with respect to work or labor perFormed under the <br /> Contra�t, or for any amaunts required to be deducted, withheld, and paid over to the <br /> Employment Development Department from the wages of empioyees of the Contractar and his <br /> subcontractor pursuant to Section 13020 of the Unemployment Insurance Code of the State af <br /> California, with respect to such work and labor, the surety will pay for the same, in the amount <br /> not exceeding the sum specified in this bond, and also, in case suit is brought upon this band, a <br /> reasonable attorney's fee, to be fixed by the Caurt. <br /> This bond shall inure to the benefit of any person named in Section 3181 of the Civil Code of the <br /> State of Califarnia so as to give a right of action ta them or their assignees in suit brought upon <br /> this bond. <br /> This bond is executed and filed to comply with the provisions of the act of the Legislature of the <br /> State of California as designated in Civil Code Sections 3247-3252, inclusive, and all <br /> amendments thereto. <br /> And the said Surety, for value received, hereby stipulates and agrees to waive the provisions of <br /> Califarnia Civil Code Section 2819 regarding consent to change, extension of time alteration, or <br /> addition to the terms of the Contract, or to the work to be performed thereunder, or the <br /> Specifications accampanying the same, shall in any way affect its obligations on this bond; and <br /> it does hereby waive notice of any such change, extension of time, alteration, or addition to the <br /> terms of the Contract, or to the work, or to the Specifications. <br /> 2013-2014 WATERMAtN REPLACEMENT PROJECT <br />