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HomeMy WebLinkAboutSurety - Maintenance BondDEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT H:\CED\Data\Forms-Templates\Self-Help Handouts\Development Engineering\MAINTENANCE BOND.docx Rev: 02/2018 MAINTENANCE BOND Bond Number: Project Name: KNOW ALL MEN BY THESE PRESENT; that we as Principal, and a corporation organized and existing under the Laws of the State of Surety are held and firmly bound unto THE CITY OF RENTON as Obligee, in the total sum of , ($ ) dollars, for the payment of which, well and truly to be made, the executors, administrators, successors and assigns, jointly and severally, firm by these present: For: NOW THEREFORE THE CONDITION OF THIS OBLIGATION IS SUCH, That if the Principal shall maintain and remedy said work free from defects in materials and workmanship for a period of two (2) years following completion, then this obligation shall be void otherwise shall remain in full force and effect. SIGNED, SEALED AND DATED this DAY OF , 20 . Applicant’s Signature Signature of Bonding Agent Applicant’s Name (Print) Name of Bonding Agent & Company (Print) Address Address City, State, Zip City, State, Zip & Phone Attach Power of Attorney Form and Maintenance & Defect Agreement to Bond