1-2. Supporting Documents 2 Consent of Surety Form.pdf

This is a Consent of Surety Form prepared for the City of Chester, Delaware County, Pennsylvania, related to the Municipal Parking Management and Enforcement solicitation (RFP 2026-003). The form serves as a bonding company's certification that, upon contract award, the surety will execute the required performance bond in the full amount specified in the contract documents and will guarantee the faithful performance of all contractor obligations. The document requires completion of standard information fields including the bonding company name and state of organization, the selected bidder's company name, the consideration amount, execution date, and authorized signatures and seals from the bonding company representative.

The Consent of Surety Form is a mandatory supporting document for bid submission, establishing that prospective contractors have secured bonding capacity prior to proposal submission. This requirement ensures that awarded contractors possess the financial backing and surety support necessary to guarantee contract performance throughout the two-year municipal parking management and enforcement term, with an option to renew for a third year. By requiring pre-qualified surety commitments at the time of bidding, the City of Chester mitigates performance risk and ensures continuity of critical parking management, enforcement, and technology services across the city's on-street parking, municipal lots, and related parking facilities.