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Payment Bond TKSPSRPremium is for Contract Term and is Subject to Adjustment Based on Final Contract Price Executed in Triplicate Bond#107447362 Premium Included PAYMENT BOND KNOW ALL PERSONS BY THESE PRESENTS, THAT,WHEREAS,the South Tahoe Public Utility District, El Dorado,County, California, hereinafter designated the"Owner", has, on July 30 , 2021 , awarded to T&S Construction Co., Inc. hereinafter designated as the"Principal,"a contract for the construction of the Tahoe Keys Pump Station Replacement Project. WHEREAS, said Principal is required under the terms of said contract to furnish a bond providing that if said Principal, or any of its Subcontractors, shall fail to pay for any materials, provisions, or other supplies used in, upon,for,or about the performance of the work under said contract, or for any work or labor done thereon of any kind,the Surety of this bond will pay the same to the extent hereinafter set forth: NOW,THEREFORE,WE,the Principal, and Travelers Casualty and Surety Company of America as Surety, are held and firmly bound unto the Owner the penal sum of **See Below dollars($$4,904,729.00 )lawful money of the United States,for the payment of which sum well • and truly to be made,we bind ourselves, our heirs,executors,administrators, and successors, jointly and severally,firmly by these presents. Four Million Nine Hundred Four Thousand Seven Hundred Twenty Nine&No/100 THE CONDITION OF THIS OBLIGATION IS SUCH,that if the above'bound Principal,or its heirs, executors,administrators,successors,or assigns,shall fail to pay any person specified in California Civil Code Section 9100, or for any materials, provisions, or other supplies used in, upon, for, or about the performance of the work under said contract,or for any work or labor thereon of any kind or for any amount due under the Unemployment Insurance Code with respect to work or labor performed under said contract,or for any amounts required to be deducted,withheld,and paid over to the Employment Development Department or Franchise Tax Board from the wages of employees of the Principal and his subcontractors pursuant to the Revenue and Taxation Code§18663,or with respect to any work or labor for which a bond is required by the provisions of Section 9550, inclusive,of the California Civil Code,and provided that the persons,companies,or corporations so furnishing said materials, provisions, or other supplies, appliances,or power use, in, upon,for, or about the performance of the work under said contract, or any person who performs work or labor upon same,or any person who supplies both work and materials,thereto,shall have complied with the provisions of said Civil Code, then said surety will pay the same in or to an amount not exceeding the amount hereinbefore set forth, and also will pay in case suit is brought upon this bond,such reasonable attorney's fees to Owner as shall be fixed by the court. This bond shall inure to the benefit of Owner and any and all persons,companies,and corporations and their respective assigns entitled to file claims under applicable State law, including but not limited to,California Civil Code Section 9100,so as to give a right of action to them or their assigns in any suit brought upon this bond. And the said Surety,for value received, hereby stipulates and agrees that no change,extension of time,alteration,or addition to the terms of said contract or to the work to be performed thereunder or to the specifications accompanying the same shall, in any way, affect its obligations on this bond, and it does hereby waive notice of any such change,extension of time,alteration,or addition to the terms of the contract or to the work or to the specifications. Said Surety hereby waives the provisions of Sections 2819 and 2845 of the Civil Code of the State of California. It is further stipulated and agreed that the Surety on this bond shall not be exonerated or released from the obligation of this bond by any fraud practiced by any third party nor by any breach or alleged breach by the Owner,and the sole condition of the surety's obligation is that a person listed in Civil Code§9100 has not received full payment on its claim. As a part of the obligation secured hereby and in addition to the amount specified therefor,there shall be included costs and reasonable expenses and fees,including reasonable attorney's fees, incurred by Owner in successfully enforcing such obligation,all to be taxed as costs and included in any Judgment rendered. IN WITNESS WHEREOF,the above parties have executed this instrument under their seals this 30th day of July 2021 ,the name and corporate seal of each corporate party being hereto affixed and these presents duly signed by its undersigned representative, pursuant to authority of its governing body. T&S Construction Co., Inc. Principal) Signet e for rincipal) (Title) Co apG czwo1"f Surety Travelers Casualty and Surety m any of America mil Signatur: ••Surety) (Title) Jana B:Pilgard, Attorney in Fact Surety's address in California for service of process: Melissa DeKoven 2710 Gareway Oaks Drive, Suite 150N Sacramento, CA 95833-3505 SEE ATTACHED A notary public or other officer completing this certificate verifies only the Identity of the iridivIdual who signed the document to which this certificate is attached,and not the truthfulness,accuracy,or validity of that document. STATE OF CALIFORNIA SS. COUNTY OF On before me,personally appeared who proved to me on the basis of satisfactory evidence to be the person(s)whose name(s)is/are subscribed to the within instrument as the representative of the Surety acknowledged to me that he/she executed the same in his/her authorized capacity, and subscribed the name of the Surety) thereto and his/her own name as the representative of the,Surety. I certify under penalty of perjury under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Notary Public in and for said State SEAL) Commission expires: NOTE:A copy of the.Power-of-Attorney to local representatives of the bonding company must be attached hereto. ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Placer On July 30, 2021 before me, Alexis Estrada, Notary Public insert name and title of the officer) personally appeared Jana B. Pilgard who proved to me on the basis of satisfactory evidence to be the person(s)whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. lijr c ALEXISic ca A trAa_,j Notary PublicCalifornia f. Placer County g Commission#2335353 40,00. My Comm.Expires Oct 13,2024 Signature Seal) Travelers Casualty and Surety Company of America Alink Travelers Casualty and Surety CompanyTRAVELERSJSt. Paul Fire and Marine Insurance Company POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, and St. Paul Fire and Marine Insurance Company are corporations duly organized under the laws of the State of Connecticut (herein collectively called the"Companies"),and that the Companies do hereby make,constitute and appoint Jana B.Pilgard of ROSEVILLE California their true and lawful Attorney(s)-in-Fact to sign, execute, seal and acknowledge any and all bonds, recognizances, conditional undertakings and other writings obligatory in the nature thereof on behalf of the Companies in their business of guaranteeing the fidelity of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted in any actions or proceedings allowed by law. IN WITNESS WHEREOF,the Companies have caused this instrument to be signed, and their corporate seals to be hereto affixed,this 21st day of April, 2021. 6 j G M 1 C4NN. G tOLJaQlA State of Connecticut By: 0/' .. ' City of Hartford ss. Robert L.Rane , enior Vice President On this the 21st day of April, 2021, before me personally appeared Robert L. Raney, who acknowledged himself to be the Senior Vice President of each of the Companies, and that he, as such, being authorized so to do, executed the foregoing instrument for the purposes therein contained by signing on behalf of said Companies by himself as a duly authorized officer. i,1 tlb IN WITNESS WHEREOF,I hereunto set my hand and official seal. NoTARY •. My Commission expires the 30th day of June,2026 m k' pus`io Anna P.Nowik,Notary Public ANEW.v This Power of Attorney is granted under and by the authority of the following resolutions adopted by the Boards of Directors of each of the Companies,which resolutions are now in full force and effect,reading as follows: RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President, any Vice President,any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary may appoint Attorneys-in-Fact and Agents to act for and on behalf of the Company and may give such appointee such authority as his or her certificate of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds, recognizances, contracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or conditional undertaking, and any of said officers or the Board of Directors at any time may remove any such appointee and revoke the power given him or her;and it is FURTHER RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President may delegate all or any part of the foregoing authority to one or more officers or employees of this Company, provided that each such delegation is in writing and a copy thereof is filed in the office of the Secretary;and it is FURTHER RESOLVED, that any bond, recognizance, contract of indemnity, or writing obligatory in the nature of a bond, recognizance, or conditional undertaking shall be valid and binding upon the Company when (a) signed by the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President, any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary and duly attested and sealed with the Company's seal by a Secretary or Assistant Secretary; or (b) duly executed (under seal, if required) by one or more Attorneys-in-Fact and Agents pursuant to the power prescribed in his or her certificate or their certificates of authority or by one or more Company officers pursuant to a written delegation of authority;and it is FURTHER RESOLVED, that the signature of each of the following officers: President, any Executive Vice President, any Senior Vice President, any Vice President, any Assistant Vice President, any Secretary,any Assistant Secretary, and the seal of the Company may be affixed by facsimile to any Power of Attorney or to any certificate relating thereto appointing Resident Vice Presidents, Resident Assistant Secretaries or Attorneys-in- Fact for purposes only of executing and attesting bonds and undertakings and other writings obligatory in the nature thereof, and any such Power of Attorney or certificate bearing such facsimile signature or facsimile seal shall be valid and binding upon the Company and any such power so executed and certified by such facsimile signature and facsimile seal shall be valid and binding on the Company in the future with respect to any bond or understanding to which it is attached. I, Kevin E. Hughes, the undersigned, Assistant Secretary of each of the Companies, do hereby certify that the above and foregoing is a true and correct copy of the Power of Attorney executed by said Companies,which remains in full force and effect. Dated this 30th day of July 2021 . oP a 4 +'' *,.fORlkA T$ a- werFDRD, + CO CORN. . o Kevin E.Hughes,Assistant Secretary To verify the authenticity of this Power of Attorney,please call us at.l-800-42l-3880. Please refer to the above-nanned Attorney(s)-in-Pact and the details of the bond to which this Power of Attorney is attached.