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  2. Finance Committee - Agenda - 5/17/2017 - P88

Finance Committee - Agenda - 5/17/2017 - P88

By dnadmin on Mon, 11/07/2022 - 10:25
Document Date
Wed, 05/17/2017 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 05/17/2017 - 00:00
Page Number
88
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__051720…

CONSTRUCTION PAYMENT BOND #106716817

KNOW ALL MEN BY THESE PRESENTS: that
GEORGE R. CAIRNS & SONS, INC.

(Name of Contractor)

8 Ledge Road, Windham, NH 03087
(Address of Contractor)

a Corporation , hereinafter called Principal,
(Corporation, Partnership or Individual)

d TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA

(Name of Surety}
AGENCY: P.O. Box 511, Concord, NH 03302-0511

an

(Address of Surety)
hereinafter called Surety, are held and firmly bound unto

CITY OF NASHUA, PURCHASING DEPARTMENT
(Name of Owner)

229 Main Street, Nashua, NH 03061
(Address of Owner)

hereinafter called OWNER and unto all persons, firms, and corporations who or which may furnish

labor, or who furnish materials to perform as described under fhe contract and to theit successors
and assigns, in the total aggregate penal sum of ONE HUNDRED SEVENTY FIVE AND NO/MOOTHB)oj}arg,

($ 1,653,175.00__) in lawful money of the United States, for the payment of which sum well and

truly to be made, we bind ourselves, our heirs, executors, administrators, successors, and assigns,
jointly and severally, firmly by these presents.

THE CONDITION OF THIS OBLIGATION is such that whereas, the Principal entered into a
certain contract with the OWNER, dated the day of

20 1” _ , acopy of which is hereto attached and made a part hereof for the construction of:
CROWN ST PARK AND RIDE CONSTRUCTION - NASHUA 13117

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 - 5/17/2017 - P88

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