EBS GENERAL ENGINEERING, INC. (2)

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CITY OF SANTA ANA BONDS PROJECT NO.: 16-6864 & 18-6864 PAYMENT BOND BOND# 4424741 PREMIUM: INCLUDED IN PERFORMANCE BOND KNOW ALL MEN BY THESE PRESENTS that EBS GENERAL ENGINEERING, INC. as CONTRACTOR, and SURETEC INSURANCE COMPANY a corporation, organized and existing under the laws of the State* and duly authorized to transact *TEXAS business under the laws of the State of California, as SURETY, are held and firmly bound unto the City of Santa Ana, as AGENCY, in the penal sum of ONE HUNDRED FORTY-ONE THOUSAND TWO HUNDRED FORTY & 00/100 Dollars ($ 141, 240.00 ), which is 100 percent of the total contract amount for the above stated project, for the payment of which sum, CONTRACTOR and SURETY agree to be bound, jointly and severally, firmly by these presents. THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas CONTRACTOR has been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated FEBRUARY 5TH, 2019 for OMNIBUS CONCRETE REPAIR , if CONTRACTOR or any subcontractor fails to pay for any labor or material of any kind used in the performance of the Work of Improvement to be done under said Contract Agreement, or fails to submit amounts due under the State Unemployment Insurance Act with respect to said labor, SURETY will pay for the same in an amount not exceeding the sum set forth above, which amount shall insure to the benefit of all persons entitled to file claims under the State Code of Civil Procedures; provided that any alterations in the work to be done, materials to be furnished, or time for completion made pursuant to the terms of the contract documents shall not in any way release either CONTRACTOR or SURETY, and notice of said alterations is hereby waived by SURETY. IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this 5TH day of FEBRUARY 20 19. 1320 E. SIXTH STREET, STE. 100 CONTRACTOR* EBS GENERAL ENGINEERING, INC., CORONA, CA 92879 951__279-686 DELRION., #1, 619) 400-4100 ,ATTORNEY -IN -FACT Subscribed and sworn to before me, this ___day of 20 Signature: Notary Public in and for the County of State of Rate of premium on this bond is $ INCLUDED IN PKUD1 ,MCE BOND per thousand. Total amount of premium charge is $ INCLUDED - IN PERFOR7ANCE'& NDTo be filled in by Surety *Provide CONTRACTOR I ADMITTED SURETY name, address, and telephone number and the name, title, address, and telephone number of authorized representative. AGENT: CULBERTSON INSURANCE SERVICES, INC. 5500 E. SANTA ANA CANYON RD. #201 ANAHEIM, CA 92807 2 of 3 (714) 921-0530