Structural Improvements and Reroofing

AS HEREIN BELOW DEFINED, FOR THE PAYMENT WHEREOF PRINCIPAL AND SURETY BIND THEMSELVES, THEIR HEIRS, EXECUTORS AND ADMINISTRATORS, SUCCESSORS AND ASSIGNS, JOINTLY AND SEVERALLY BY THESE PRESENTS. THE CONDITION OF THIS OBLIGATION IS SUCH THAT IF THE PRINCIPAL SHALL PROMPTLY SATISFY ALL CLAIMS AND DEMANDS INCURRED FOR ALL LABOR AND MATERIALS, USED OR REQUIRED BY THE PRINCIPAL IN CONNECTION WITH THE WORK DESCRIBED IN THE CONTRACT ENTERED INTO ON THE (7) DAY OF , 20 FOR THE CONSTRUCTION OF (8) AND SHALL FULLY REIMBURSE THE OBLIGEE FOR ALL OUTLAY AND EXPENSE WHICH SAID OBLIGEE MAY INCUR IN MAKING GOOD ANY DEFAULT OF SAID PRINCIPAL, THEN THIS OBLIGATION SHALL BE NULL AND VOID. OTHERWISE, IT SHALL REMAIN IN FULL FORCE AND EFFECT, IT BEING EXPRESSLY UNDERSTOOD AND AGREED THAT THE Contractor Payment Bond Structural Improvements and Reroofing at Farmington Community Center Page 2 of 3 2-C3 LIABILITY OF THE SURETY FOR ANY AND ALL CLAIMS HEREUNDER SHALL, IN NO EVENT, EXCEED THE AMOUNT OF THIS

OBLIGATION AS HEREIN STATED. THE SURETY, FOR VALUE RECEIVED HEREBY STIPULATES AND AGREES THAT THE OBLIGATION OF SAID SURETY SHALL BE IN NO WAY IMPAIRED OR AFFECTED BY ANY EXTENSION OF THE TIME WHICH THE OBLIGEE MAY ACCEPT DURING THE PERFORMANCE OF THE CONTRACT AND SAID SURETY DOES HEREBY WAIVE NOTICE OF ANY SUCH EXTENSION. SIGNED AND SEALED THIS (7) DAY OF 20 . CONTRACTOR: (9) (10) (1) (11) SURETY: (9) (10) (4) (11) Legend (1)Name of contractor. (2)A corporation, a partnership, or an individual, as the case may be. (3)Municipality. (4)Name of surety. (5)Town of Farmington (6)Contract price. (7)Same date as that of contract. (8)Name of project as designated in the contract documents. (9)Signature. (10)Printed name and title. (11)Company address. Contractor Payment Bond Structural Improvements and Reroofing at Farmington Community Center Page 3 of 3 2-C3 If contractor is partnership, all partners should execute bond. A power of attorney document, together with a statement that it still is in full force and effect shall be provided by the person executing this bond. Bond must be countersigned by a Resident Maine Agent. * A claimant is defined as one having a direct contract with the principal or with a subcontractor of the principal for labor, material, or both, used or reasonably required for use in the performance of the contract. Contractor Agreement Structural Improvements and Reroofing at Farmington Community Center Page 1 of 3 2-E SECTION 2-E CONTRACT AGREEMENT THIS AGREEMENT made the day of 2023 by and between the Town of Farmington, a municipal corporation with a principal office at 153 Farmington Falls Road, Farmington, Maine (“Owner”) and ______________________ doing business as a ______________________________, with principal office at , (“Contractor”). WITNESSETH: That for and in c