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CITY OF SANTA ANA Bond No.: 024073845 BONDS PROJECT NO.; 11-6740,17-6472, & 17-6473 PAYMENT BOND KNOW ALL MEN BY THESE PRESENTS that Los Angeles Engineering, Inc. as CONTRACTOR, and Liberty Mutual Insurance Company 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 Four Million Eight Hundred Seventy One Thousand Four Hundred Seventv Six and No/100 Dollars ($ 4,871,476.00 ), which is 100 percent of the total contract amount for the above stated project, for the payment of which stun, 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 Tune 20, 2017 for Bristol Street Widening, Water Main, and Sewer Main Improvements 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 22nd day of June 120 17, Los Angeles Engineering, Inc. CONTRACTOR` 633 N Barranca Avenue, Covina, CA 9173/626-454-5222 Liberty Mutual Insurance Company SURETY* 790 The City. Drive South, Oranee. ( Subscribed and sworn to before me, this __day of 20 SEE ATTACHED ACKNOWLEDGMENT Signature; Notary Public in and for the County of I State of Rate of premium on this bond is $ N/A _ per thousand. Total amount of premium charge is $ Included in the Performance Bond To be filled in Uv Surety "Provide CONTRACTOR / ADMITTED SURETY name, address, and telephone number and the name, title, address, and telephone number of authorized representative. * Washington Avenue to 17th Street 2 of 3