CTR079245 Payment and Performance Bonds.pdf

This document comprises three exhibits related to a construction contract for the State of Arizona Department of Transportation (ADOT). The primary parties include Breinholt Contracting Co., Inc. as the principal contractor, and Merchants Bonding Company Mutual as the surety. The contract involves demolition work on parcels 7-12895 and 7-12898, with contract number CTR079245 and project number BPM007121, dated October 27, 2025. The exhibits include a Payment Bond (Exhibit 6), a Performance Bond (Exhibit 7), and a Power of Attorney from Merchants Bonding Company authorizing representatives to execute bonds on behalf of the surety.

The bonds are structured as statutory instruments pursuant to Arizona Revised Statutes Titles 28, 34, and 41, with penalties set at 100% of the contract amount. The Payment Bond is valued at $31,716.25, and the Performance Bond is valued at $31,716.25, both securing Breinholt Contracting Co., Inc.'s obligations for the demolition project. The surety is Merchants Bonding Company Mutual, with its Agency of Record identified as Breinholt Anderson Insurance Consultants, LLC, located at 4140 E. Baseline Road, Suite 201, Mesa, Arizona 85206. The bonds were executed on October 27, 2025, and the Power of Attorney was executed on June 2, 2025, authorizing specific individuals to sign bonds on behalf of the bonding companies.