Agmt14 KJ Woods Construction Inc. Sewer Force Main

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BOND N0.: 57BCSG01667 PREMIUM: INCLUDED WITH THE PERFORMANCE BOND PAYMENT BQND KNOW AU.MEN BY THESE PRESENTS: �I�1at W@, K.J.WOODS CONSTRUCTION, INC. as Prir�cipal, BCId, HARTFORD FIRE INSURANCE COMPANY p�ggnjZEd Snd BXiS�ing U�del'th� laws af the State of Celifomia, and authorized to execute bonds and undertak�ng as sole surety, as Surety, ar�e held and finnEy bound unta any and ali persans named in Ca�ifornia C�vil Gode Section 3181 whose claim has not been pa9d by the Contractar, company or corporation in the aggregate tota� of TWO HUNDRED SIXTY EIGHT THOUSAND AND ZERO CENTS DOIIaB ( $2s8,000.00 l (being 900°�6 of the Contract amourrt) for the payment wher+�of, wel! and truly to be made, said Prinr�pel and Surety band tf�emsel�es, their heirs, sdministrators, sucrcessor�,arid assigns,jairitly and severally,�nnly by these pre,serits. THE CON�TIpN OF THE FOREGOING �BLIGATION IS SUCH that, whereas the above with the City of Redwood City�"City"}to do the following wark, tv�rvit: SEWER FORCE MAIN REPLACEMENT PROJECT (FROM P.S.#7 TO MH) NOW,THEREFORE, �f the above-bounden Principal or his subcontractors fail tv pay any of the persons named in Sectian 3181 cyF the Civii Code of the State of Califvmla, or amounts due utxie� the Unernplayment Insuranve Code with r�espect to work or labor perfoRned ur�der the Contract, or far any amaunb requfred to ba deducted, wi�hheld, and paki over to the Employment Devefopmerrt Department ftom the wages of employess of fhe Cantractor and his suboantractor pursuant ta Section 13020 of the Unemploymer�t Insurancae Code of the 5tate of Califamia� with respect to such work and labor, the surety will pay for the same, In the arnount not exc;eeding the sum specified in this bond, and also, !n case suit is brought upon this bond� a reasonable attomey's fee, to be fixed by the Court. 'ihis bond sha11 inure to the benefit of any person named in Section 3181 of the Civil Code of the State of CaEif�omia so as ta give a �fght of actio�to them or their esslgnses in suit brought upon this bond. This bond is executed and filed to comply with the provisions of the ad of the Legislature of the State of Califomia as designated in Civi! Code 5ectior�s 324�3252, inclusive, and all amendments thereto. - And the said Surety, for value received, hareby stipulates and agrees to waive the provisions of Califomia Civil Code Section 2819 regardirig conserrt to cfiange, extension of time altsration, ar add�ian to tf� terms of ti�e Contract, or to the work to be performed thereunder, or the Sp�cificatlons ac�ompanying the same, shall in any way affect its obligations on this bond; ar�d it does hereby waive natice of any such ch�r�ge, extension of time, alt�era�on, or addition to the terms ofi t�e Cantract, or to t�e work, or to the Specifications. SEW�R FORGE MAlN REPLACEMEIVT PROJECT (FROM P.S.#i TO MH)