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Last modified
3/5/2018 11:48:48 AM
Creation date
3/5/2018 11:34:49 AM
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Contracts
Company Name
LOS ANGELES ENGINEERING, INC.,
Contract #
Various
Agency
Public Works
Council Approval Date
6/20/2017
Document Relationships
23A - CONTRACT CONSTRUCTION OF BRISTOL ST IMPROV, WATER MAIN AND SEWER MAIN IMPROV
(Attachment)
Path:
\Agenda Packets / Staff Reports\City Council (2004 - Present)\2017\06/20/2017
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Bond No.: 024073845 <br />CITY OF SANTA ANA Premium: $32,928.00 <br />BONDS <br />PROJECT NO.: 11-6740,17-6472,&17-6473 <br />KNOW ALL MEN BY THESE PRESENTS that Los Angeles Engineering, Inc. <br />as CONTRACTOR, and Liberty Mutual Insurance Company <br />a corporation, organized and existing under the laws of the State, and duly authorized to transact <br />business under the laws of the State of California, as SURETY, are held and firmly bound unto <br />the City of Santa Ana, as AGENCY, in the penal sum of Four Million Eight Hundred Seventy One <br />Thousand Four Hundred Seventy Six and No/100 Dollars <br />($ 4,871,476.00 ), 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 />TIIE 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 elated <br />June 20, 2017 for Bristol Street Widening, Water Main, and Sewer Main Improvements,* <br />, <br />if CONTRACTOR faithfully performs and fulfills all obligations in the performance of the Work <br />of Improvement to be done under said Contract Agreement in the manner and time specified <br />therein, then this obligation shall be null and void, otherwise it shall remain in frill force and <br />effect in favor of AGENCY; provided that any alterations in the obligations or time for <br />completion made pursuant to the terms of the contract documents shall not in any way release <br />either CONTRACTOR or SURETY, and notice of such alterations is hereby waived by <br />SURETY, <br />IN WITNESS WHEREOF the parties hereto have set their nines, titles, hands, and seal this <br />22nd day of June I ,20 17, <br />Los Angeles Engineering, Inc. <br />CONTRACTOR* 633 N Barranc Avenue, o 'na, CA 91723/626-454-5222 <br />Liberty Mutual Insurance Company oVeAl wni 'old <br />SURETY* 790'The Cib2Y reg South. Orange. CA 92868/714-634-3311 <br />Maria Perna, Attorney -in -Fact <br />Subscribed and sworn to before me, _ <br />20_ SEE ATTACHED ACKNOWLEDGMENT <br />Signature: <br />Notary Public in and for the County of <br />State of <br />this day of <br />Rate of premium on this bond is $ 11.34/7.06/5.54wSliding Scale per thousand. <br />Total amount of premium charge is $ 32,928.00 . To be filled in by Surety <br />*Provide CON77MCTOR /ADMITTED SURETYnarne, address, and telephone number and the <br />name, title, address, and telephone number of authorized representative. <br />* Washington Avenue to 17th Street <br />1 of 3 <br />
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