Payment Bond Sample Contracts

PAYMENT BOND
Payment Bond • June 18th, 2015

(hereinafter designated as the “CONTRACTOR”), an agreement for the work described as follows: PROP 39 – LMC PARKING LOT POLE LIGHTING (hereinafter referred to as the “Public Work”); and

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PAYMENT BOND
Payment Bond • August 23rd, 2016

WHEREAS, under the terms of said Contract, Principal is required to furnish a bond securing payment of the claims to which reference is made in Section 3248 of the Civil Code,

PAYMENT BOND
Payment Bond • May 3rd, 2021

WHEREAS, said Principal is required to furnish a bond in connection with such agreement; providing that if said Principal or any of his/her or its Subcontractors shall fail to pay for any materials, provisions, provender, equipment, or other supplies use in, upon, for or about the performance of the work to be done, or for any work or labor done thereon of any kind, or for amounts due under the Unemployment Insurance Code or for any amounts required to be deducted, withheld, and paid over to the Employment Development Department from the wages of employees of said Principal and his/her Subcontractors with respect to such work or labor the Surety on this bond will pay for the same to the extent hereinafter set forth.

To be executed and submitted upon award of Lease-Leaseback Agreement, or within ten (10) business days following Board approval of Total Sublease Amount, whichever is earlier] [DISTRICT/COE] (the “Owner” of the public works project described below)...
Payment Bond • December 3rd, 2021

before entering upon the performance of the work, to file a good and sufficient bond with the Owner to secure the claims arising under said Contract.

PAYMENT BOND (For Construction Manager)
Payment Bond • November 17th, 2020

CONSTRUCTION MANAGER(Name and Address): SURETY (Name, Principal Place of Business, and address to which notices are to be sent if different from principal place of business):

PAYMENT BOND
Payment Bond • May 3rd, 2024

Surety and Contractor, intending to be legally bound hereby, subject to the terms set forth below, do each cause this Payment Bond to be duly executed by an authorized officer, agent, or representative.

Payment Bond
Payment Bond • September 26th, 2019

The City of San Rafael (“City”) and (“Contractor”) have entered into a contract, dated , 20 (“Contract”) for work on the Project (“Project”). The Contract is incorporated by reference into this Payment Bond (“Bond”).

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