INTERNATIONAL LINE BUILDERS, INC. (2)

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CITY OF SANTA ANA Bond No. 190045266/107249015 BONDS PROJECT NO.: 17-6894 EUCLID STREET AT HAZARD AVENUE SIGNAL MODIFICATION FEDERAL PROJECT NO: HSIPL 5063 (171) PAYMENT BOND KNOW ALL MEN BY THESE PRESENTS that International Line Builders, Inc. as CONTRACTOR, and Liberty Mutual Insurance Company & Travelers Casualty and Surety Company of America , a corporation, organized and existing under the laws of the State, and duly authorized to transact 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 Two Hundred Fifty Five Thousand Six Hundred Twenty and 00/100 Dollars ($ 255,620.00 ), 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 May 19, 2020 for Project No. 17-6894, Euclid Street at Hazard Avenue Signal Modification [HSIPL-5063(171)] 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 26th day of May ,20zo . Liberty Mutual Insyrfbice ComgiKy, 175 Berkeley Street, Boston, MA 02116, Phone: (617) 357-9500 & Heather R. Willis Towers Watson Midwest, Inc., 8400 Normandale Lake Blvd, Suite 1700, Bloomington, MN 55437, Phone: 763-302-7159 Subscribed and sworn to before me, Nicole Lamiger this 26th day of May 12020 .xa ;; e;. NiCO?PC4-, Signature: = Jan 3 12023 Notary Public in e County of Hennep n State o esota Rate of premium on this bond is $ 4.70 per thousand. Total amount of premium charge is $ 1,201 To be filled in by Surety *Provide CONTRACTOR /ADMITTED SURETY name, address, and telephone number and the name, title, address, and telephone number of authorized representative. 2of3