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Premium for the bond(s) described above shall be paid by the Contractor. A certificate from the surety <br /> showing that the bond premiums are paid in full shall accompany the bond. <br /> The surety on the bond shall be a duly authorized corporate surety company authorized to do business <br /> in the State of Ohio. <br /> Power of Attorney—Attorney-in-fact who signs the performance bonds or contract bonds must file with <br /> each bond a certificate and effectively dated copy of their power of attorney. <br /> BASIS AND METHOD OF PAYMENT <br /> TRANSFERABILITY OF CONTRACT <br /> No assignment of the Contract or any right accruing under this Contract shall be made in whole or in <br /> part by the Contractor without consent of the City. <br />