Get OH M140-01-00 61 13-PB 2011-2024

Document 00 61 13 - Performance and Payment Bond Form State of Ohio Standard Requirements for Public Facility Construction Form of Bond prescribed by Ohio Revised Code Section 153. THE CONDITION OF THE ABOVE OBLIGATION IS SUCH that whereas the above-named Principal did on the day of enter into a Contract with the State of Ohio which said Contract is made a part of this Bond the same as though set forth herein NOW THEREFORE if the above-named Principal shall well and faithfully do and perform the things agreed by the Obligee to be done and performed according to the terms of said Contract and shall pay all lawful claims of Subcontractors Material Suppliers and laborers for labor performed and materials furnished in the carrying forward performing or completing of said Contract we agreeing and assenting that this undertaking shall be for the benefit of any Subcontractor Material Supplier or laborer having a just claim as well as for the Obligee herein then this obligation shall be void otherwise the same shall remain in full force and effect it being expressly understood and agreed that the liability of the surety for any and all claims hereunder shall in no event exceed the penal amount of this obligation as herein stated. THE SAID Surety hereby stipulates and agrees that no modifications omissions or additions in or to the terms of said Contract or in or to the Plans and Specifications therefore shall in any way affect the obligations of said Surety on its bond and it does hereby waive notice of any such modifications omissions or additions in or to the terms of the Contract the Work or the Contract Documents including without limitation the Plans and Specifications. 2010 Edition Sept. 2011 M140-01-00 61 13-PB Performance and Payment Bond Form Page 00 61 13-1 Standard Requirements PRINCIPAL x By Title SURETY SURETY INFORMATION Street Attorney-in-Fact City State Zip Telephone Number SURETY AGENT S INFORMATION Agency Name END OF DOCUMENT. 57 - Not to be used as Bid Guaranty KNOW ALL PERSONS BY THESE PRESENTS that we the undersigned as Principal at Address and firmly bound unto the State of Ohio as Obligee in the penal sum of dollars for the payment of which well and truly to be made we jointly and severally bind ourselves our heirs executors administrators successors and assigns to undertake the Project known as Project Number Project Name Contract Description e*g* General Trades Plumbing HVAC Electrical SIGNED AND SEALED this day of. THE CONDITION OF THE ABOVE OBLIGATION IS SUCH that whereas the above-named Principal did on the day of enter into a Contract with the State of Ohio which said Contract is made a part of this Bond the same as though set forth herein NOW THEREFORE if the above-named Principal shall well and faithfully do and perform the things agreed by the Obligee to be done and performed according to the terms of said Contract and shall pay all lawful claims of Subcontractors Material Suppliers and laborers for labor performed and materials furnished in the carrying forward performing or completing of said Contract we agreeing and assenting that this undertaking shall be for the benefit of any Subcontractor Material Supplier or laborer having a just claim as well as for the Obligee herein then this obligation shall be void otherwise the same shall remain in full force and effect it being expressly understood and agreed that the liability of the surety for any and all claims hereunder shall in no event exceed the penal amount of this obligation as herein stated* THE SAID Surety hereby stipulates and agrees that no modifications omissions or additions in or to the terms of said Contract or in or to the Plans and Specifications therefore shall in any way affect the obligations of said Surety on its bond and it does hereby waive notice of any such modifications omissions or additions in or to the terms of the Contract the Work or the Contract Documents including without limitation the Plans and Specifications. .