GALLUP_PERFORMANCE_BOND.pdf

This document is a Performance Bond for a contract with the State of New Mexico, specifically related to two facility improvement projects for the City of Gallup. The Performance Bond provides financial guarantees for the Principal's contractual obligations, covering two specific projects: the Detox Waterline Replacement at Na' Nizhoozhi Center Inc (NCI) and the Train Station Boiler Replacement at the George Galanis Cultural Center. The bond ensures that the Principal will complete the work according to contract specifications, with a one-year performance guarantee period following project completion.

The Performance Bond document does not specify exact pricing or funding details for the projects. However, it legally binds the Principal and Surety to fully perform the contract duties, indemnify the Owner from potential costs and damages, and guarantee the quality of work performed. The bond includes provisions that the Surety agrees to the contract terms without changes and waives notice of any contract modifications. The document is designed to be executed in five counterparts, providing legal protection for both the Owner (City of Gallup) and the contractor undertaking the waterline and boiler replacement projects.