00 61 13.13
Performance Bond Form
Bond No.
KNOW ALL BY THESE PRESENTS THAT (1)
(2)
of (3)
and State of
, as
PRINCIPAL, and (4)
, a corporation duly organized under the laws of the State of
and having a usual
place of business in
, as SURETY, are held and firmly bound unto the University of Maine System in the
sum of
Dollars ($
), to be paid said Treasurer of the University of Maine System, or successor in
office, for which payment well and truly to be made, Principal and Surety bind themselves, their heirs, executors
and administrators, successors and assigns, jointly and severally by these presents.
The condition of this obligation is such that if the Principal shall promptly and faithfully perform the Contract
entered into on the (5)
day of
, A.D., 20
for the construction of (6)
then this obligation
shall be null and void; otherwise, it shall remain in full force and effect.
The Surety hereby waives notice of any alteration or extension of time made by the University of Maine System.
Signed and sealed this (5)
WITNESSES:
day of
, 20
.
SIGNATURES:
LS
LS
LS
Bonding Company Agent:
Company:
Street:
City, State, Zip:
Telephone:
(1.)
(2.)
(3.)
(4.)
(5.)
(6.)
Correct name of Contractor
A corporation, a partnership, or an individual, as the case may be.
Contractor’s address with City name
Correct name of Surety
Same date as that of contract.
Name of Project as designated in contract.
If Contractor is partnership, all partners should execute bond. A Power of Attorney document, together with a statement that
it still is in effect shall be provided by the person executing this bond. Bond must be countersigned by a Resident Maine
Agent.
**DO NOT ALTER LANGUAGE**
UMS Form ver 1.1 06/02/2010
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