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HomeMy WebLinkAbout20081473 Ver 4_Monitoring Bond_20130304LETTER OF TRANSMITTAL 909 Capability Drive, Suite 3100 Raleigh, NC 27606 919 -829 -9909 — PH 919 -829 -9913 — FAX 10055 Red Run Boulevard, Suite 130 Owings Mills, MD 21117 410 - 356 -5159 — PH 410 - 356 -5822 — FAX 604 Greene Street, Suite 100 Camden, SC 29020 803432-4890 — PH 410 - 356 -5822 — FAX 13Th Main Street, Suite 210 Oak Hill, WV 25901 3044654300 — PH 3044654302 — FAX TO: Division of Water Quality DATE: M _arch 1, 2013 1650 Mail Service Center Raleigh, NC 27699 -1650 ATTN: Katie Merritt RE: Performance Bonds for Hatley Site and Arrington Bridge Site We are sending via: 0 Overnight ❑ Regular Mail ❑ Pick -Up ❑ Hand Delivered The following items: ❑ Correspondence ❑ Plans ❑ Specifications Other as listed below: COPIES DATE NO. DESCRIPTION 1 3/1/13 Original Performance Bond for Hatley Bank Site --- 1 3/1/13 Original Performance Bond for Arrinuton ridge Ba Site These are transmitted as checked below: ❑ For Approval ❑ As Requested - For Your Use ❑ For Review and Comment REMARKS: ❑ Approved as Submitted ❑ Returned for Corrections ❑ Approved as Noted ❑ For Your Signature Please find enclosed the original Performance Bonds for the Bridge Bank Site. Thank you, Cara Nelson COPY TO: Tommy Cousins SIGNED: Ely Perry J �J �O``i THE AMERICAN INSTITUTE OF ARCHITECT d' BOND NO. 1000964294 AIA Document A312 Performance Bond Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. CONTRACTOR (Name and Address): ENVIRONMENTAL BANC & EXCHANGE, LLC 10055 Red Run Blvd, Suite 130 Owings Mills, MD 21117 OWNER (Name and Address): NCDWQ Division of Water Quality Wetlands Unit 1650 Mail Service Center Raleigh, NC 27699.1605 SURETY (Name and Principal Place of Business): UNITED STATES SURETY COMPANY 20 W. Aylesbury Road Timonium, MD 210945605 CONSTRUCTION CONTRACT Date: Amount: ONE HUNDRED THOUSAND AND 001100-------- ---- -- ($100,000.00) Description (Name and Location): 5 YEAR MONITORING PHASE OF ARRINGTON BRIDGE BUFFER AND NUTRIENT OFFSET SITE PHASE II OF THE UPPER NEUSE RIPARIAN BUFFER AND NUTRIENT UMBRELLA MITIGATION BANK BOND Date (Not earlier than Construction Contract Date): FEBRUARY 12, 2013 Amount: ONE HUNDRED THOUSAND AND 001100- - ---- -- ($100,000.00) Modifications to this Bond: Z) None D See Page 3 CONTRACTOR AS PRINCIPAL ENppyy p rate Seat) VIRONNENT HANGE Q Signature: L Name and Title: I (Any additional signatures appear on page 3) SSU�R�E�TaY� UNRE kATE RETY COMPANY (Corpor eal) Signature: —7 Name and Titl Janet ALad, A m in Fact (FOR INFORMATION ONLY —Name, Address and Telephone) AGENT or BROKER: OWNER'S REPRESENTATIVE (Architect, Engineer or Bonds, Inc. other party): One North Park Drive, Suite 204 Hunt Valley, MD 21030 410.527.9881 AM DOCUMENT AM . PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. • AIA 0 Tilt AMERICAN UVYrITUTE Or ARQ1n r-1.%, 7735 NSW TORX AV?. N.W., WASHIMU—ION, D.G =a A312.1994 1 THIRD PRINTING a MARCH 1987 AIA 312 P -P FINAL.max 1000964294 NCDWQ.max 1 The Contractor and the Surety, jointly and severally, bind themselves, their heirs, executors, administrators, successors and assigns to the Owner for the performance of the Construction Contract, which is incorporated herein by reference. 2 If the Contractor performs the Construction Contract, the Surety and the Contractor shall have no obiigation under this find, rrnrept to partiripate in conferences as provided In Subparagraph 3.1. 3 If there is no Owner Default, the Surety's obligation under this Bond shall arise after: 3.1 The Owner has notified the Contractor and the Surety at its address described in Paragraph 10 below that the Owner Is considering declaring a Contractor Default and has requested and attempted to arrange a conference with the contractor and the Surety to be held not later than fifteen days after receipt of such notice to discuss methods of performing the Construc- tion Contract. if the Owner, the Contractor and the Suretyagroo, the Contractor chall be allowed a m=on- able time to perform the Construction Contract, but such an agreement shall not waive the Owner's right, if any, subsequently to declare a Contractor Default; and 3,2 The Owner has declared a Curitraltor Default and formally terminated the Contractor's right to complete the contract. Such Contractor Default shall not be de- clared earlier than twentydays after the Contractorand the Surety have received notice as provided in Sub- paragraph 3.1; and 33 The Owner has agreed to pay the Balance of the Contract Price to the Surety in accordance with the terms of lire Construction Coutrdct or to a contractor selected to perform the Construction Contract lnaccor- dance with the terms of the contract with the Owner. 4 When the Owner has satisfied the conditions of Para- graph 3, the Surety shalt promptly and at the Surety's ex- pense take one of the following actions: 4.1 Arrange for the Contractor, with consent of the Owner, to perform and complete the Construction Contract; or 4.2 Undertake to perform and complete the Construc- tion Contract Itself, through Its agents or through inde- pendent contractors; or 4.3 Obtain bids or negotiated• proposals from quail contractors acceptable to the Owner for a contract for performance and completion of the Con- struction Contract, arrange fur a contract to be pre- pared for execution by the Owner and the contractor selected with the Owner's concurrence, to be secured with performance and payment bonds executed by a qualified surety equivalent to the bonds issued on the Construction Contract, and pay to the Owner the amount of damages as described in Paragraph 6 in ex- cess of the Balance of the Contract Price Incurred by the Owner resulting from the Contractor's default; or 4.4 Waive its right to perform and complete, arrange for completion, or obtain a new contractor and with reasonable promptness under the circumstances: .1 After Investigation, determine the amount for which it may be liable to the Owner and, as soon as practicable after the amount is deter- mined, tender payment therefor to the Owner; or .2 Deny liability in whole or In part and notify the Owner citing reasons therefor. S If the Surety does not proceed as provided in Paragraph 4 with reasonable promptness, the Surety shall be deemed to be in default on this Bond fifteen days after receipt of an additional written notice from the Owner to the Surety demanding that the Surety perform its obligations under this Bond, and the Owner shall be entitled to enforce any remedy available to the Owner. if the Surety proceeds as provided in Subparagraph 4.4, and the Owner refuses the payment tendered or the Surety has denied liability, in whole or in part, without further notice the Owner shall be entitled to enforce any remedy available to the Owner. 6 After the Owner has terminated the Contractor's right to complete the Construction Contract, and if the Surety elects to act under Subparagraph A1, 4.2 or 4.3 abovo, then the responsibilities of the Surety to the Owner shall not be greater than those of the Contractor under the Construction Contract, and the responsibilities of the Owner to the Surety shall not be greater than those of the Owner under the Construction Contract. To the limit of the amount of this Bond, but subject to commitment by the Owner of the Balance of the Contract Price to mitigation of costs and damages on the Construction Contract, the Sure- ty is obligated withuut dupiir atton for: 6.1 The responsibilities of the Contractor for correc- tion of defective work and completion of the Construc- tion Contract, . 62 Additional legal, design professional and delay costs resulting from the Contractor's Default, and re- sulting from the actions or failure to act of the Surety under Paragraph 4; and 6.3 Uquidated damages, or if no liquidated damages are specified in the Construction Contract, actual dam- ages caused by delayed performance or non- perfor- mance of the Contractor. 7 The Surety shall not be liable to the Owner or others for obligations of the Contractor that are unrelated to the Con- struction Contract, and the Balance of the Contract Price shall not be reduced or set off on account of any such unrelated obligations. No right of action shall accrue on this Bond to any person or entity other than the Owner or Its heirs, executors, administrators or successors. 8 The Surety hereby waives notice of any change, Includ. ing changes of time, to the Construction Contract or to related subcontracts, purchase orders and other obliga- tions. 9 Any proceeding, legal or equitable, under this Bond may be instituted in any court of competent jurisdiction in the location Inwhich thework orpartof the work is located and shall be Instituted within two years after Contractor Default or within two years after the Contractor ceased working or within two years after the Surety refuses or fails to perform Its obligations under this Bond, whichever oc- curs first. if the provisions of this Paragraph are void or prohibited by law, the minimum period of limitation avall- AIA DOCUMENT A312 - FERFOXMANCE BOND AND FAYMW BOND - DECEMBER 1984 ED. - NA THS AMERICAN INsTn UlE OF AROOTECf8,1735 NEW YORK AYL N.W., WASHINGTON, D.C. 2M A312 -1984 2 rHtau rrranno • MacH tvai AIA 312 P -P FINAL.max 1000964294 NCDWQ.max able to sureties as a defense in the jurisdiction of the suit shall be applicable. 10 Notice tothe Surety, the OwnerortheContractorshall be mailed or delivered to the address shown on the sig- nature page. 11 When this Bond has been furnished to complywith a statutory or other legal requirement in the location where the construction was to be performed, any provision in this Bond COMIlCting with said statutory Of legal Tequirement shall be deemed deleted herefrom and provisions con. forming to such statutory or other legal requirement shall be deemed Incorporated herein. The Intent is that this Bond shall be constrried as a statutory hnnd and not as a common law bond. 12 DEFINITIONS 12.1 Balance of the Contract price: The total amount payable by the Owner to the Contractor under tho Construction Contract after all proper adjustments have been made, Including allowance to the Con- MODIFICATIONS TO THiS BOND ARE AS FOLLOWS: tractor of any amounts received or to be received by the Owner In settlement of ins uranee or other claims for damages to which the Contractor Is entitled, re- duced by all valid and proper payments made to or on behalf of the Contractor under the Construction Con- tract. 12,2 Construction Contract: Theagreementbetween the Owner and the Contractor Identtfled on dre s1g6 nature page, Including all Contract Dornmeets and changes thereto. 12.3 Contractor Default: Failure of the Contraoor, which has neither been remedied nor waived, to per- form or otherwise to comply with the farms of the Construction Contract. 12.4 Owner Default: Failure of the Owner, which has neither been remedied nor waived, to pay the Con- tractor as required by the Construction Contract or to perform and complete or comply with the other terms thereof. (Space Is provided below for additional signatures of added parties, other than those appearing on the cover page.) CON] RA(.TORAS PRINCIPAL SURE7Y Company: (Corporate Seap Company: Signature: Name and Title: Address: Signature: Name and Title: Address: (Corporate Seab AU DOCUMENT A312 • PtRFORh4ANC8 BOND AND PAYMENT BDND • DECEMBER 1984 ED. - AIA THE AMERIC/W INST ME OF ARCHITECTS, 1735 NEW YORK AVE., N.W., WASHINGTON, D.C. 20W6 A312.1984 3 THiRD PRINTING • MARCH 1987 AIA 312 P -P FINAL.max 1000964294 NCDWQ.max POWER OF ATTORNEY AMERICAN CONTRACTORS INDEMNITY COMPANY UNITED STATES SURETY COMPANY U.S. SPECIALTY INSURANCE COMPANY KNOW ALL MEN BY THESE PRESE14T arA n� Contractors Indemnity Company, a California corporutioklAited Smites Surety Company, a Maryland n t .= specialty Insurance Company, a Texas corporatiorf°( iveiy,= tote_ u��ti "Companies "), do by these presents ce tuui anWappoint: - Michael H. Shaver, Janet A. Lari, Jon C. Capan its true and lawful Attomey(s) -in -fact, each in their separate capacity if more than one is_named._above, with full power and authority hereby conferred in its name, place and stead, to execute, acknowledge andVd OF - amp_aad ail: fonds, recognizances, undertaldngs or-other inst ts or contracts of suretyship to include riders, a _ - - is _n an__ is of surety, providing the bond penalty does hat exceed * * * * ** *Unlimited * * * * ** ° — — - Dollars ($ ** *unlimited * ** ). This Power of Attorney shall expire without further action on March 18, 2015. This Power of Attorney is granted under and by authority of the following resolutions adopted by the Boards of Directors of the Companies: Be it Resolved, that the President, any Vice - President, any Assistant Vice- President, any Secretary or any Assistant Secretary shall be and is hereby vested with full power and authority to appoint any one or more�ta �ersoe � �y(s -in -Fact to represent and act for and on behalf of the Company subject to -the, follo_w_inM =_ - provisions: — — — Attorne)-in -Fact may be given full power W~ty ]&anon t mine of and on behalf of the Company, to execute, acknowledge and deliver;r any andall bornls - recognizances, contracts, agreements or indeity thenconditional or obligatory undertakings, including any and all consents for the release of retained percentages and/or final estimates on engineering and construction contracts, and any and all notices and documents canceling or terminating the Company's liability thereunder, and any such instruments so executed by any such Attorney -in -Fact shall be binding upon the Company as if signed by the President and sealed and effected by the Corporate Secretary. Be it Resolved that the signature of any authorized officer and seal of the Company heretofore or hereafter affixed W any power of attorney or any certificate relating etgte tjr fa€ itr at any power of attomey or certificate bearing facsimile signature orhssimTe i mall Wva_�ai binding upon the Company with respect to any-bondor undertaking to which it is attached. IN WITNESS WHEREOF, The Companies have caused this instrument to liftgned° d their corporate seals to be hereto affixed, this 3'd day of October, 2011. AMERICAN CONTRACTORS IND Corporate Seals nn�irrr- 4, fb . Off: EMNITY COMP, %W • faac State of California 'n���% °�v nun Fmmo` uumonn 1NY - UNITED STATES SURETY COMPANY U.S. SPECIALTY INSURANCE COMPANY All kZ2_ Daniel P. Aguilar, Vice President ti County-of Los~es SS: On this 3rd day of October, 2011, before me, Deborah Reese, a notary publirso>rutlly appeared Daniel P. Aguilar, Vice President of American Contractors Indemnity Company, United States Surety Company and U.S. Specialty Insurance Company who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument= - I certify under PENALTY OF PERKY_ ndtr thee Hof the State of California that the foregoing paragraph isr true and corraLL WITNESS my hand and official seal- �•tarrahpoa i illQlitilef Signature r ,� �d `wes c (Seal) t it Jeannie Lee istant Secretary of American Contractors Indemnity =.hd�sIrety Company and U.S. Specialty -Insurance mpany, do hereby certify that the above and foregoing is a _ c WW a Power of Attorney, executed by said Companies, which is still in full force and effect; furthermore, the resolutions of the Boards of Directors, set out in the Power of Attorney are in full force and effect. In Witness Whereof, I have hereunto set my hand and-affixed the seals of said Companies at Los Angeles, California this 12th --dav _ of February 2013=.= Corporate Seals nn CT CTOq,�C - Bond No. 1000964293 `? A`=__ 1' :0.P/ 0 - a ''�D nbxnl a muwnrr ' Jeannie Lee, istant Secretary ? i Y s Kan't Kopy° K1 Security Paper • Hidden Pantograph • Color Match • Artificial Watermark • Anti-Copy Coin Rub • Erasure Protection • Security Features Box • Micropnnt Protection • Acid Free Kan't Kopy° K1 Security Paper • Hidden Pantograph • Color Match • Artificial Watermark • Anti -Copy Coin Rub • Erasure Protection • Security Features Box • Micropnnt Protection • Acid Free Kann Kopy° Kt Security Paper • Hidden Pantograph • Color Match • Artificial Watermark • Anti -Copy Coin Rub • Erasure Protection • Security Features Box • Micropnnt Protection • Acid Free {� I I i Kan't Kopy° K1 Security Paper • Hidden Pantograph i Color Match • Artificial Watermark • Anti -Copy Coin Rub • Erasure Protection • Security Features Box i Micropnnt Protection • Acid Free L