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<br /> 1 �fhe Contractor and �he Surety, joinily ancf �evcrally, G When thc Claimant has satis(icd the conditions of Para-
<br /> bincl themsclves, their heirs, execu�urs, administratun, �;raph 4, the Surety shall promp�ly and at Ihe Surety's ex-
<br /> successors and assigns to the Owner to ��iy for lab�r, pense take Ihe fo�lowing actions:
<br /> material� and equipmenl (urnished (c�r use in �he �>erfor-
<br /> mance ol thc C��nstruction Cuntract,��liich is incorporated �.1 Send an answer to�he Claimant,wi�h a copy�o ihe
<br /> herein l�y refer�nce. Owner,within 45 days a(ter receip�of the claim,s�ating
<br /> Ihe amounts th�t arc�undispuled and Ihe b�sis(ur ch�l-
<br />, 2 Wi�h re5�ect to thc Ownrr, ihis oblig�tion sliall be null lenging any amounls thal are disputed.
<br /> and void il lhc Coniractor:
<br /> G.2 Pay or arrangc for piyment o( any unclisputcd
<br /> 2.1 Promptly makes payment, clirectly or indirec:tly, amounts.
<br /> for all sums duc Claimants, and
<br /> 7 The Surety's total obiigation shali not exceed ihe
<br /> 2.2 De(ends, indemni(ies and holds harmless the amount of this[3ond,and the amount o(this 13ond shall be
<br /> Owner (rom all claims, dem�nds, liens or suils by any credited for any payments made in good faith by the Surety.
<br /> person <�r entity who (urnished labor, materials or
<br /> equipnient (�r use in the per(ormance of the Conslruc- $ Amounts owed by the Owner to ihe ConUactor under
<br /> tion Contrac�, provided the Owncr has promplly noti- the Construction Contract shall be used for �he perfor-
<br /> (ied the �oniractor and the Surety (at the address de- �»ance of the Con5lruction Contract a�d to satis(y claims,if
<br /> scriL�ed in Para�;raph 12) o(any cl�ims, demands, lien, any, under any Construclion Prrformance t3ond. (3y Ihe
<br /> or sui�s and tenclered defense o(such claims,demand;, Cun�rac�ur furnishing and the Owner accepting�his l3ond,
<br /> licns or suils tc� Uic Conirauc>r ancl the Surely, ancl ����Y ��;ree �ha� all funds eamed by ihe Contryc�or in Ihe
<br /> ��rovicled there is no C)wn�r Def iulL per�c�rmanceuf IlieConsUuclionConlrac�ared�dic.�Irdlo
<br /> ` satisly c�bligations of (he Contraclor and Ihe 5urety ui�elrr
<br /> 3 Wilh respect lo Claimanls, Il�is obli�;ation sh�ll be null lhis Bond, subject 10 the Owner's pric�rity lo use the lunds
<br /> and vc�id i( the Contr.iclor promplly makes payment, di- (ur the compielic>n o( �he work.
<br /> reitly or indirectly, (or :ill sums clue.
<br /> 9 The Surely�h�ll no� be liable �o ihe Owner, Claim.in�s
<br /> 4 Tlie Surety,haU h�ve no ohligation lo Claim�nts und��r or olhers for obli�;ations o(the Contracic�r that are unrclal-
<br /> this 13onci until: ed to the Construction Contract. �fhe Owner shall nol be
<br /> 4.1 Clairnants who are empluyed by or have a direct liable for paymen�of any costs or expenses of any Ciaimant
<br /> under ihis[3ond,and shall have under this l3ond no ubli�;a-
<br /> cuntract with th� Contractor have given notice �o the tions to make payments to, bive noti�es on behalf o(, or
<br /> Surcty (.�t the address described in Parabraph I'_') and �therwise have cibligations tc> Claimants under this [3ond.
<br /> scnt a cc��iy,or nolice th�reof,to the Owner,staling that
<br /> a claim is bein�; niade under this Bond �nd, with sub- 10 'I he Surety herebywaives notice of any chan�e,includ-
<br /> stantial accuracy, the imount c�f the claim. inb ch�n�;es of time, �o ihe Construction Contrict or to
<br /> relalecf subcuntracts, purchase orders and olher obli�;a-
<br /> 4? Cl�im�nts who �iu n��t have a dircct contr�ct ��ith tions.
<br /> lhc Contractor.
<br /> 11 No suit or action shall be commenced by a Claimant
<br /> .1 Have (umished written notice to ihe Con- ����der this Bond other than in a court o(competent jurisdic-
<br /> tr�ctor and sent a copy, or notice therec�(, to tion in the location in which the work or p�ri o(ihe wurk is
<br /> the Owner, within 90 days aftcr havin�; last located or after�he expirativn o(one year(rom the date(7)
<br /> per(ormed labor or last (urnished materials�r ��n which the Claimant gave �he no�ice required by Sub-
<br /> equipment included in ihe claim statin�;, wi�h �»ragraph 4.1 or Clause 4.2 (iii), or (2) on which the Ias1
<br /> substantit�l accuracy, the amount ul the cl,�im ��hor ur service was performed by anyc�nc or the la,�male-
<br /> .ind thc name of the parly W whuni Ihe mate- rials or equipment were tumished t�y anyone undcr the
<br /> rials were furnished or supplied �r for whc�m L�nstruction Contract,whichever of("I)c�r("�) first occurs.
<br /> the labur �vas donc or performed; and if lhe provisions o(Ihis Paragraph arc void or prohibited by
<br /> .2 Have either received a rejection in whole or in law,the minimum period of limita�ion availa�le�o s�re�ies
<br /> part(rom the Contractor,or not received with- as a de(ense in the jurisdiction of the suit shall be applica-
<br /> in 30 days c�f (urnishin�; the above notice any ble.
<br /> communication (r�m the Contractor by which 12 Notice 10 the Surety,Ihe Owner or the Contractor shall
<br /> the Contractor has indicated �he claim will be �� mailed or delivered to the address �huwn on �he sig-
<br /> paid dircrtly or indirecUy; and i��iture page.Actual receipt of notice by Sureiy, the Owner
<br /> .3 Nothavingbeen��aidwithinlheabove30c1ays, c�r the Conlractor, however accomplished, sh�ll be sulfi-
<br /> have sent a wrilten nutice to thc Sui�ty(at the ci��nt compliance as of lhe dale received al the �dclress
<br /> acJdress described in P�ra�;raph 12)and sc�n� � sliown on the signature page.
<br /> copy,or notice Ihereof, to the Owner, s�a�in}; �3 When �his Bond has been furnished to comply wi�h a
<br /> that a claim is bein�;made under�his 13ond and 5tatutory or olher legal reyuirement in the Iocalion where
<br /> enclosing a copy of the previous rvri�ten nutice �he construction was to be performed,any provision in this
<br /> furnitihed to the Contractor. 13ond conllictin�; wilh said statutc�ry or legal requirement
<br /> 5 If a noticc required by Paragr�ph 4 is given by Ihc Owncr �hall be dr.emed deleled here(rom and provisions con-
<br /> lo the Contractur or lo Ihc Surety, Ih�t is suf(icient compli- (onning to such slatutory or other lebal requircrment shall
<br /> ance. be deemed incorporated herein. The intent is that �his
<br /> AIA DOCUMENT A�t! • PCRI OKMANCC 130N1) AND I'AYMLNT Bl)ND• VECEAI6[R 192N LD. •AIA �N�
<br /> 7HC n�1ChICAN INSIIlU7C Uh ARCHIT[C15, 1735 NL\N YORK AVL, N.W., Wn5111NGT(>N, D.C. LWIIL A312-1984 Jr
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