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BOND NO. 1971689 <br />BOND PREMIUM INCLUDED IN PERFORMANCE BOND <br />ISSUED IN TRIPLICATE <br />DUPLICATE ORIGINAL CITY OF SANTA ANA <br />CONTRACT <br />PAYMENT BOND <br />California Professional Engineering, Inc. <br />KNOW ALL MEN BY THESE PRESENTS that dies California Professional Elactsical En i imq <br />as CONTRACTOR and The Hanover Insurance Company , a Corporation organized and existing <br />under the laws of the state, and duly authorized to transact business under the laws of the State of <br />California, as SURETY, are held and firmly bound unto the City of Santa Ana, as AGENCY, in the penal <br />SUM OILsix hundred Eighty Four Thousand six Hundred seve—y a 19/100 Dollars ($______684,670 17 <br />which is 100 percent of the total contract amount for the above stated project, for the payment of <br />which sum, CONTRACTOR and SURETY agree to be bound,jointly and severally, firmly by these presents. <br />THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas CONTRACTOR has been awarded and is <br />about to enter into the annexed Contract Agreement with AGENCY dated <br />Traffic signal Raitt and Adams and Class II Bike Lanes on Newhops <br />March 3, 2015 for 3=2er and Pirsr erreer ,morsxementF <br />If CONTRACTOR or any subcontractor fails to pay for any labor or material of any kind used in the <br />performance of the Work of Improvement to be done under said Contract Agreement, or fails to submit <br />amounts due under the State Unemployment Insurance Act with respect to said labor, SURETY will pay <br />for the same in an amount not exceeding the sum set forth above, which amount shall insure to the <br />benefit of all persons entitled to file claims under the State Cade of Civil Procedures; provided that any <br />alterations in the work to be done, materials to be furnished, or time for completion made pursuant to <br />the terms of the contract documents shall not in any way release either CONTRACTOR or SURETY, and <br />notice of said alterations is hereby waived by SURETY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />lz day of 203.5.,,. <br />CONTRACTOR* <br />SURETY* The <br />Subscribed and sworn to before me r this day of <br />20 <br />Signature: <br />Notary Public in and forthe County of State of <br />Rate of premium on this bond is $ ___N/A * per thousand. *BOND PREMIUM INCLUDED IN <br />Total amount of premium charge is $ N/A _ . To be fried in by Surety PERFORMANCE BOND <br />*Provide CONTRACTOR /ADMITTED SURETY name, address, and telephone number and the name, title, <br />oddress, and telephone number of authorized representative. <br />