Exhibit_O_performance_bond.pdf

This document is an Arizona Statutory Performance Bond for Blue World Construction, Inc., involving Berkeley Insurance Company as the surety. The bond is issued pursuant to Arizona Revised Statutes and covers a contract with the state for the IFB – State Parks WWS Upgrades project, specifically for work at Rockin' River Ranch, Red Rock, and Slide Rock. The principal is Blue World Construction, Inc., with American Global LLC as the agency of record, and the bond is associated with contract numbers PCS-22-126, PCS-22-125, and PCS-22-115.

The contract involves furnishing materials, supplies, tools, equipment, labor, and other services necessary for construction and completion of state park water, wastewater, and stormwater (WWS) upgrades. The bond's penalty is 100% of the contract amount, which is Three Million Eight Hundred Thousand Six Hundred Twenty-Four Dollars ($3,800,601.24). The contract was dated February 27, 2025, and includes provisions for performance, covenant fulfillment, and potential modifications. The bond ensures that Blue World Construction will complete all undertakings, covenants, terms, conditions, and agreements of the contract, with the surety binding themselves jointly and severally to the obligation.