EXHIBIT_23_Performance Bond.pdf

Therefore:

The above obligation is void if the Principal-

(a) (1) Performs and fulfills all the understanding, covenants, terms, conditions, and agreements of the contract during the original term of the contract and any extensions thereof that are granted by the Fermi Forward Discovery Group, LLC with or without notice of the Surety(ies) and during the life of any guaranty required under the contract, and

(2) Performs and fulfills all the undertakings, covenants, terms, conditions, and agreements of any and all duly authorized modifications of the contract that hereafter are made. Notice of those modifications to the Surety(ies) are waived.

STANDARD FORM 25 (REV. 10/2023)

Prescribed by GSA-FAR (48 CFR) 53.228(b)

Authorized For Local Reproduction Previous Edition Is Not Usable

Performance Bond Date Bond Executed (Must be same or later than date of contract)

OMB Control Number: 9000-0001

Principal (Legal name and business address) Type of Organization ("X" one) Individual Partnership Joint Venture Corporation

Other (Specify)

State of Incorporation

Surety(ies) (Name(s) and business address(es)) CentsHundred(s)Thousand(s)Million(s)

Penal Sum of Bond

Contract NumberContract Date

Obligation:

We, the Principal and Surety(ies), are firmly bound to the United States of America (hereinafter called the Government) and Fermi Forward Discovery Group, LLC in the above penal sum. For payment of the penal sum, we bind ourselves, our heirs, executors, administrators, and successors, jointly and severally. However, where the Sureties are corporations acting as co-sureties, we, the Sureties, bind ourselves in such sum "jointly and severally" as well as "severally" only for the purpose of allowing a joint action or actions against any or all of us. For all other purposes, each Surety binds itself, jointly and severally with the Principal, for the payment of the sum shown opposite the name of the Surety. If no limit of liability is indicated, the limit of liability is the full amount of the penal sum.

Conditions:

The Principal has entered into the contract identified above.

See Instructions on page 3

(b) Pays to the Fermi Forward Discovery Group, LLC the full amount of the taxes imposed by the

Government, if the said contract is subject to 41 USC Chapter 31, Subchapter III, Bonds, which are collected, deducted, or withheld from wages paid by the Principal in carrying out the construction contract with respect to which this bond is furnished.

FermiForward Form F1-40 (1/7/2025)

Individual Surety(ies)

Witness:

The Principal and Surety(ies) executed this performance bond and affixed their seals on the above date.

Name(s) & Title(s) ( Typed)

1. 2. 3. Corporate Seal

(Seal) 3.

(Seal) 2.

(Seal) 1.Signature(s)

Principal

(Seal) 2.

(Seal) 1.Signature(s)

2.1.Name( s) (Typed) Corporate Surety(ies)

Corporate Seal

Su re ty B

Name(s) & Title(s) ( Typed)

Signature(s)

Name & Address

1.

1.

2.

2.

Liability Limit ($)State of Incorporation

Corporate Seal

Su re ty C

Name(s) & Title(s) ( Typed)

Signature(s)

Name & Address

1.

1. 2.

2.

State of Incorporation Liability Limit ($)

Corporate Seal

Su re ty D

Name(s) & Title(s) ( Typed)

Signature(s)

Name & Address

1.

1. 2.

2.

State of Incorporation Liability Limit ($)

Corporate Seal

2.

2.

Liability Limit ($)State of Incorporation

Su re ty A

1.

1.

Name(s) & Title(s) ( Typed)

Signature(s)

Name & Address

STANDARD FORM 25 (REV. 10/2023) PAGE 2

Corporate Seal2.1.Name(s) &

Title(s) ( Typed)

Signature(s) 1. 2.

Liability Limit ($)State of IncorporationName & Address

Su re ty E

FermiForward Form F1-40 (1/7/2025)

Liability Limit ($)

1. This form is authorized for use in connection with Fermi Forward Discovery Group, LLC contracts. There shall be no deviation from this form.

2. Insert the full legal name and business address of the Principal in the space designated "Principal" on the face of the form. An authorized person shall sign the bond. Any person signing in a representative capacity (e.g., an attorney-in-fact) must furnish evidence of authority if that representative is not a member of the firm, partnership, or joint venture, or an officer of the corporation involved.

3. (a) Corporations executing the bond as sureties must appear on the Department of the Treasury's list of approved sureties and must act within the limitations listed therein. The value put into the Liability Limit block is the penal sum (i.e., the face value) of bonds, unless a co-surety arrangement is proposed.

(b) When multiple corporate sureties are involved, their names and addresses shall appear in the spaces (Surety A, Surety B, etc.) headed "Corporate Surety(ies)." In the space designated "Surety(ies)" on the face of the form, insert only the letter identifier corresponding to each of the sureties. Moreover, when co-surety arrangements exist, the parties may allocate their respective limitations of liability under the bonds, provided that the sum total of their liability equals 100% of the bond penal sum.

(c) When individual sureties are involved, a completed Affidavit of Individual Surety (Standard Form 28) for each individual surety shall accompany the bond. Fermi Forward Discovery Group, LLC may require the surety to furnish additional substantiating information concerning its financial capability.

STANDARD FORM 25 (REV. 10/2023) PAGE 3

Corporate Surety(ies) (continued)

Corporate Seal

State of Incorporation

2.

2.

1.

1.Name(s) &

Title(s) ( Typed)

Signature(s)

Name & Address

Su re ty F

Corporate Seal

Liability Limit ($)State of Incorporation

2.

2.

1.

1.Name(s) &

Title(s) ( Typed)

Signature(s)

Name & Address

Su re ty G

Total ($)Rate Per Thousand ($)

Instructions

Bond Premium y y

FermiForward Form F1-40 (1/7/2025)

4. Corporations executing the bond shall affix their corporate seals. Individuals shall execute the bond opposite the words "Corporate Seal", and shall affix an adhesive seal if executed in Maine, New Hampshire, or any other jurisdiction requiring adhesive seals.

5. Type the name and title of each person signing this bond in the space provided.

STANDARD FORM 25 (REV. 10/2023) PAGE 4

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FermiForward Form F1- 7