CTR079591 P & P Bonds- Breinholt.pdf

This document consists of two Arizona Statutory Bonds for Construction issued by the Arizona Department of Transportation, specifically Exhibit 5 (Payment Bond) and Exhibit 6 (Performance Bond), with Breinholt Contracting Co., Inc. as the Principal and Merchants Bonding Company Mutual as the Surety. The bonds are associated with Contract No. CTR079591, Project No. BPM007234 for the Demolition of Parcel 7-12289, and are executed pursuant to Titles 28, 34, and 41 of the Arizona Revised Statutes. The agency of record is Breinholt Anderson Insurance Consultants, LLC, located in Mesa, Arizona.

The contract involves a construction project with a bond penalty set at 100% of the contract amount, totaling $19,561.44. The bonds are dated November 21, 2025, and provide financial guarantees for the demolition work, ensuring payment to all persons supplying labor or materials and guaranteeing the faithful performance of the contract. The bonds are governed by specific provisions of Arizona Revised Statutes and include clauses for potential legal fees in the event of a suit. The document includes signatures from the principal, surety, and an Arizona resident agent, along with corporate authorization from Merchants Bonding Company detailing the power of attorney for executing such financial instruments.