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  2. Finance Committee - Agenda - 10/5/2016 - P98

Finance Committee - Agenda - 10/5/2016 - P98

By dnadmin on Mon, 11/07/2022 - 09:49
Document Date
Wed, 10/05/2016 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 10/05/2016 - 00:00
Page Number
98
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__100520…

EXHIBIT D-1

CONSTRUCTION PAYMENT BOND

KNOW ALL MEN BY THESE PRESENTS: that

(Name of Contractor)

(Address of Contractor)
a , hereinafter called Principal,
(Corporation, Partnership or Individual)
and
(Name of Surety)
(Address of Surety)

hereinafter called Surety, are held and firmly bound unto

(Name of Owner)

(Address of Owner)

hereinafter called OWNER and unto all persons, firms
labor, or who furnish materials to perform as described

and assigns, in the total aggregate penal sum of Dollars,

($ ) in lawful money of the Uni. atc. cor the payment of which sum well and

truly to be made, we bind ourselves. ti
ea

THE CONDITION OF Te
ae

af
certain contract with the®

20 , a copy of which. -h

NOW, THEREFORE, if the Principal shall promptly make payment to all persons, firms, and
corporations furnishing materials for or performing labor in the prosecution of the WORK provided
for in such contract, and any authorized extension or modification thereof, including all amounts
due for materials, lubricants, oil, gasoline, coal and coke, repairs on machinery, equipment and
tools, consumed or used in connection with the construction of such WORK, and for all labor cost
incurred in such WORK including that be a subcontractor, and to any mechanic or material man
lienholder whether it acquires its lien by operation of State or Federal Law; then this obligation
shall be void; otherwise to remain in full force and effect.

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Finance Committee - Agenda - 10/5/2016 - P98

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