Common use of of the Contract Clause in Contracts

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____. ATTEST: Insert LEGAL CM Firm Name By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   Project No.   KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as ("Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   as Surety (hereinafter referred to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia as Obligee (hereinafter referred to as "Owner"), in the amount of   and No/100 Dollars ($ ), to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____20 . ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   Project No.   KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   as Surety (hereinafter referred ( Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars ($ $ ), to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____20 . ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   Project No.   KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   as Surety (hereinafter referred ( Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars of: DOLLARS ($ ), $ ) to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____20 . ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND PAYMENT BOND Bond No.   Project No.   KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   as Surety (hereinafter referred ( Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars ($ $ ), to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____. ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   _______________ Bid-Contract No. ______________ Project No.   _______________ Project Title: _________________________________________________________________________________ KNOW ALL MEN BY THESE PRESENTS: That   , That____________________________________________________________ as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   ____________________________________________________________ as Surety (hereinafter referred ( Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars ($  ), to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____20 . ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   Project No.   BR-97-1701 KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   as Surety (hereinafter referred ( Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars ($ ), $ ) to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____20 . ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Payment Bond Bond No.   Project No.   KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   as Surety (hereinafter referred ( Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars ($ $ ), to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____20 . ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   Project No.   KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   as Surety (hereinafter referred ( Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars of: DOLLARS ($ ), $ ) to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____20 . ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   Project No.   KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   as Surety (hereinafter referred ( Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars of: DOLLARS ($ ), $ ) (Insert Contract Price) to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____20 . ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   Project No.   SSU 1004-219 KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   as Surety (hereinafter referred ( Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars ($ $ ), to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____20 . ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   Project No.   MRRF-J331-4 KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   as Surety (hereinafter referred ( Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars ($ $ ), to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____. ATTEST: Insert LEGAL CM Firm Name By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   ________________ Project No.   _________ / Contract No. _________ KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as ("Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   as Surety (hereinafter referred to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia as Obligee (hereinafter referred to as "Owner"), in the amount of   and No/100 Dollars ($ ), to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____20 . ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   Project No.   73031656-02 KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   as Surety (hereinafter referred ( Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars ($ $ ), to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____20 . ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   Project No.   126988683 KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   _ as Surety (hereinafter referred ( Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars ($ $ ), to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____20 . ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   Project No.   GSW-39-01-17 KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   as Surety (hereinafter referred ( Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars ($ $ ), to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20____20 _. ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   Project No.   KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   as Surety (hereinafter referred ( Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars of: DOLLARS ($ ), $ ) to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____20 . ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By SecretarySecretary (*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   Project No.   KNOW ALL MEN BY THESE PRESENTS: That   , as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   _ as Surety (hereinafter referred (Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars of: DOLLARS ($ ), _ _) (Insert Contract Price) to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.

of the Contract. (7) No action can be instituted on this bond after one year from the date of Final Completion as determined pursuant to Article 6.2.2. SIGNED AND SEALED THIS ___________ DAY OF __________________________, 20_____. ATTEST: Insert LEGAL CM Firm Name (NAME OF Contractor) By Secretary(*) President (Print Name) (SURETY) (*)(*) (NAME/TITLE) (*) Please apply seal of Corporation over Secretary’s Signature. (*)(*) Please apply seal of Surety and arrange for countersignature by a “Georgia Licensed Agent” of Surety pursuant to O.C.G.A. §33-23-5. Kindly show title of the aforesaid agent as “Georgia Licensed Agent.” (*) Attach Power of Attorney PAYMENT BOND Bond No.   Project No.   KNOW ALL MEN BY THESE PRESENTS: That   , That____________________________________________________________ as Principal (hereinafter referred to as the (Legal Title and Address of the Contractor) "Principal"), (Insert LEGAL Name and Physical Address of the CM/GC) and   ____________________________________________________________ as Surety (hereinafter referred ( Legal Name and Address of the Surety) to as "Surety"), (Insert LEGAL Title and Physical Address of the Surety) are held and firmly bound unto the Board of Regents of the University System of Georgia as Obligee (hereinafter referred to as "Owner")) for the use and benefit of claimants defined, hereinafter in the amount of   and No/100 Dollars of: DOLLARS ($ ), $ ) to which payment Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, assigns jointly and severally, firmly by these presents.