01375.0001 1008641.5 11/21/2025
EXHIBIT C
PERFORMANCE BOND
PROJECT NAME: ______________________________________________ We,________________________________________________ ______, as Principal, and ___________________________________________________ _____, as Surety, jointly and severally, firmly bin d ourselves, our heirs, representatives, successors a nd assigns, as set forth herein, to the City of Mur rieta (“City”) for payment of the penal sum of _______________________ ______________ U.S. Dollars and ____________Cents ($___________________________). City and Principal have entered into an contract, or are about to ente r into the contract attached hereto and incorporated by reference herein, for completion of the public works for the property(ies) referenced in said contract. Surety herein approves of the terms and conditions of said contract and b inds itself to faithfully perform the obligations of Principal the rein if Principal fails to so perform. Surety ackno wledges that the contract herein referenced shall be that document a s executed by City and Principal.
THE CONDITION OF THIS OBLIGATION IS SUCH that if th e Principal shall in all things stand to and abide by, and well and truly keep and perform all of the cove nants, conditions, and provisions in said agreement , and any alteration thereof made as therein provided, on Principal's part to be kept and performed at the time and in the manner therein specified, and shall indemnify and save har mless the City, City’s engineer, and their consulta nts, and each of their officials, directors, officers, employees and agents, as therein stipulated, then this obligatio n shall become null and void; otherwise, it shall be and remain in full force and effect.
Surety agrees that should it fail to take over and diligently perform the contract upon Principal's de fault after notice and within the time specified in the agreement, Sur ety will promptly on demand deposit with City such amount as City may reasonably estimate as the cost of complet ing all of Principal's obligations. Surety's obliga tion for payment herein shall exist, notwithstanding any controversy between Principal and City regarding Principal's failure under the agreement, and payment by Surety should be conclusi vely presumed between the parties herein to relieve , as demanded, Surety's obligations herein and shall be deemed proper payment as between Principal and Surety.
Surety agrees that no change, extension of time, al teration, or addition to the terms of the contract, or the work to be performed thereunder or the plans and specification s, or any matters unknown to Surety which may affec t Surety's risk shall in any wise affect its obligation on thi s bond, and it does thereby waive notice thereof.
Principal and Surety agree that if the City is requ ired to engage the services of an attorney in conne ction with the enforcement of this bond, each shall pay City's reasonable attorneys' fees incurred, with or without suit, in addition to the above sum.
Executed this __________________ day of __________ ______, ________.
Seal of Corporation
Approved as to Form
By:____________________________________ By:_______ ________________________ Authorized Representative of Principal Tiffa ny Israel, City Attorney Title: _____________
(ATTACH ACKNOWLEDGEMENT OF AUTHORIZED REPRESENTATIV ES)
01375.0001 1008641.5 11/21/2025
Any claims under this bond may be addressed to:
_________________________ _____________________ _______________ Name Address
____________________________________
City and State
____________________________________
Telephone Number
By:____________________________________
Attorney in Fact or other Representative
(ATTACH ACKNOWLEDGEMENT OF AUTHORIZED REPRESENTATIV E)
Furnish the name, address and phone number of the c ompany agent as well as the surety company.
Sureties must be authorized to do business in and h ave an agent for service of process in California a nd be on the accredited list of the United States Treasury Depar tment (their bonds will be limited to such amounts as would be acceptable to the Treasury Department), and otherwi se meet the requirements of the agreement.
01375.0001 1008641.5 11/21/2025
EXHIBIT D
PAYMENT BOND
PROJECT NAME: ______________________________________________ We, _______________________________________________ _____________, as Principal, and ___________________________________________________ _________________, as Surety, jointly and severally, firmly bind ourselves, our heirs, representatives, successors and assigns, as set forth herein, to the City of Murrieta (“City”) and those for whose benefit this bond insu res in the sum of ___________________________ U.S. Dollars and __________ Cents ($_________________). City and Principal have entered into a contract, or are about to enter into the contract attached hereto and incorporated by reference herein, for completion of public works for the property(ies) referenced in said agreement. Surety herein approves of the terms and conditions of said contract and binds itself to faithfully perform the obligations of Principal therein if Principal fails to so perfo rm. Surety acknowledges that the contract herein referenced shall be that document as executed by City and Principal. If Principal or any of Principal's contractors or subcontractors , fails to pay any of the persons named in §§ 9000, et seq. of the California Civil Code employed in the performance o f the agreement for materials furnished or for labo r thereon of any kind, or for amounts due under the Unemployment Insurance Code with respect to such work or labor, then Surety shall pay the same in an amount not exceeding the s um specified above, and also shall pay, in case sui t is brought upon this bond, such reasonable attorneys' fees as shall be fixed by the court.
Surety agrees that it shall pay the amounts due the persons above named and diligently perform the con tract upon Principal's default after notice and within the tim e specified in the agreement. If Surety fails to pe rform within the times specified in the agreement, Surety shall prom ptly on demand deposit with City such amount as Cit y may reasonably estimate as the cost of completing all o f Principal's obligations. Surety's obligation for payment herein shall extend, notwithstanding any controversy betwe en Principal and City regarding Principal's failure under the contract. Principal and Surety agree that any paym ent by Surety pursuant to this paragraph should be conclusively presumed between the parties herein to relieve, as demanded, Surety's obligation herein and shall be d eemed proper payment as between Principal and Surety.
This bond shall insure to the benefit of any and al l of the persons named in §§ 9000, et seq. of the C alifornia Civil Code so as to give a right of action to them or the ir assigns in any suit brought upon this bond.
Surety agrees that no change, extension of time, al teration, or addition to the terms of the agreement , or the work to be performed thereunder, or the plans and specifications, or any matters unknown to Surety which might affect Surety's risk, shall in any way affect its obligation on thi s bond, and it does hereby waive notice thereof.
Principal and Surety agree that should City become a party to any action on this bond, that each will also pay City's reasonable attorneys' fees incurred therein in addi tion to the above sums.
Executed this _____________________ day of ________ _______, __________.
Seal of Corporation
Approved as to Form
By:____________________________________ By:_______ _______________________ Authorized Representative of Principal Tiffa ny Israel, City Attorney Title: _________________________________
(ATTACH ACKNOWLEDGEMENT OF AUTHORIZED REPRESENTATIV ES)
01375.0001 1008641.5 11/21/2025
Any claims under this bond may be addressed to:
_________________________ _____________________ _______________ Name Address
____________________________________
City and State
____________________________________
Telephone Number
By:____________________________________
Attorney in Fact or other Representative
(ATTACH ACKNOWLEDGEMENT OF AUTHORIZED REPRESENTATIV E)
Furnish the name, address and phone number of the c ompany agent as well as the surety company.
Sureties must be authorized to do business in and h ave an agent for service of process in California a nd be on the accredited list of the United States Treasury Depar tment (their bonds will be limited to such amounts as would be acceptable to the Treasury Department), and otherwi se meet the requirements of the agreement.