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<br /> 111inois Department - , � �����,,,
<br /> of Trans�ortation � �� �
<br /> ' Contract Bd,�ii,
<br /> , Decatur � ,� �
<br /> Municipality
<br /> <�
<br /> Rd. District- � '
<br /> ' County Macon
<br /> � ' Section 89-00000-01-GM
<br /> , ' � Cit Pro 'ect 8905 ,
<br /> ' We
<br /> DUNN COMPANY � ' 1
<br /> as PRINCIPAL,and
<br /> , Transamerica Insurance Company
<br /> as SURETY,
<br /> are held and firmly bound unto the above Local Agency (hereafter referred to as "LA") in the penal sum of
<br /> un re Ninetv-six Thousand Three Hundred Sixtv two and Seventv
<br /> , Five Hundredths Dollars------------- Dollars ($ 396, 362.75 ), lawfui money of the
<br /> United States,well and truly to be paid unto said LA, for the payment of which we bind ourselves,our
<br /> heirs, executors, administrators,successors,jointly to pay to the LA this sum under the conditions of this
<br /> ' instrument. �
<br /> WHEREAS THE CONDITION OF THE FOREGOING OBLIGATION IS SUCH that, the said Principal has
<br /> ' entered into a w�itten contract with the LA acting through its awarding authority for the construction of
<br /> work on the above section,which contract is hereby referred to and made a part hereof, as if written
<br /> herein at length, and whereby the said Principal has promised and agreed to perform said work in
<br /> accordance with the terms of said contract,and has promised to pay all sums of money due for any labor,
<br /> , materials, apparatus, fixtures or machinery furnished to such Principal for the purpose of performing such
<br /> work and has further agreed to pay all direct and indirect damages to any person, firm,company,or
<br /> corporation suffered or sustained on account of the performance of such work during the time thereof and
<br /> until such work is completed and accepted; and has further agreed that this bond shall inure to the benefit
<br /> , of any person, firm,company.or corporation, to whom any money may be due from the Principal,
<br /> subcontractor or otherwise,for any such labor, materials, apparatus, fixtures or machinery so furnished
<br /> and that suit may be maintained on such bond by any such person, firm,company,or corporation,for the
<br /> recovery of any such money.
<br /> � NOW THEREFORE, if the said Principal shall well and truly perform said work in accorda
<br /> terms of said contract,and shall pay all sums of money due or to become due for any laborcmatehiahs,
<br /> ' apparatus, fixtures or machinery furnished to him for the purpose of constructing such work, and shall
<br /> commence and complete the work within the time prescribed in said contract,and shall pay and discharge
<br /> all damages, direct and indirect, that may be suffered or sustained on account of such work during the
<br /> time of the performance thereof and until the said work shall have been accepted,and shall hold the LA
<br /> ' and its awarding authority harmless on account of any such damages and shall in all respects fully and •
<br /> faithfully comply with all the provisions, conditions,and requirements of said contract, then this obligation
<br /> to be void; otherwise to remain in full force and effect.
<br /> ' '
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<br /> ' BLR 571 t (Rev.7/87)
<br /> IL 494-0372
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