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KDC, INC. DBA DYNALECTRIC
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Last modified
7/7/2025 2:37:34 PM
Creation date
1/17/2017 4:03:15 PM
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Contracts
Company Name
KDC, INC. DBA DYNALECTRIC
Contract #
16-6873
Agency
Public Works
Council Approval Date
10/18/2016
Expiration Date
6/2/2017
Destruction Year
2021
Notes
PROJECT
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CITY OF SANTA ANA Bond No. 906605870 <br />BONDS 82449545 <br />PROJECT NO.: 16-6873 <br />KNOW ALL MEN BY THESE PRESENTS that KDC Inc. doe Dynalectric <br />as CONTRACTOR, and Travelers Casuals and Surety Company of America & Federal Insurance Company <br />a corporation, organized and existing under the laws of the State*and duly authorized to transact 'CT & IN <br />business under the laws of the State of California, as SURETY, are held and firmly bound unto <br />the City of Santa Ana, as AGENCY, in the penal sum of Three Hundred Thirty Two Thousand Two <br />Hundred Thirty Four and 00/100 Dollars <br />($ 332,234.00 1, which is 100 percent of the total contract amount for the above stated <br />project, for the payment of which sum, CONTRACTOR and SURETY agree to be bound, jointly <br />and severally, firmly by these presents. <br />THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas CONTRACTOR has <br />been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated <br />October 18, 2016 for Safe Routes to School Enhancements for Monte Vista Elementary Project No. 16-6873 <br />if CONTRACTOR or any subcontractor fails to pay for any labor or material of any kind used in <br />the performance of the Work of Improvement to be done under said Contract Agreement, or fails <br />to submit amounts due under the State Unemployment Insurance Act with respect to said labor, <br />SURETY will pay for the same in an amount not exceeding the sum set forth above, which <br />amount shall insure to the benefit of all persons entitled to file claims under the State Code of <br />Civil Procedures; provided that any alterations in the work to be done, materials to be furnished, <br />or time for completion made pursuant to the terms of the contract documents shall not in any <br />way release either CONTRACTOR or SURETY, and notice of said alterations is hereby waived <br />by SURETY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />2nd day of December _,,,2016 e <br />CONTRACTOR* KDC Inc. dha <br />Travelers Casund Surety Cgr�ip�a�of America, One Tower Square, Hartford, CT 06183 & (732) 321-5600 (TR) & <br />SURETY* Federal Insurance Company, Halls MITI Road, Whitehouse Station, NJ 08889 (908) 903-3716 (FE) <br />Camille act Alliant Insurance Services, Inc, 333 Earle Ovington Blvd, Suite 700, Uniondale, NY 11553 (516) 414-8900 <br />Subscribed and sworn to before me, DonnaMarie Kissane , this 2nd day of <br />December 2016. D6NN MMARIE A KISSANE <br />Notary Public State of New York <br />No. OIX16297783 <br />Signature: %-t e�Lr Qualified in Nassau County <br />Commission Expires March 3, 2018 <br />Notary Public in and for the County of Nassau State of New York <br />Rate of premium on this bond is $ N/A per thousand. <br />Total amount of premium charge is $ None - Included in Performances. To be filled in by Surety <br />Bond Premium <br />*Provide CONTRACTOR /ADMITTED SURETY name, address, and telephone number and the <br />name, title, address, and telephone number of authorized representative. <br />2 of 3 <br />
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