21-Doc 00 65 19.19 - CONSENT OF SURETY.pdf

PDF 130 KB Posted

Attached to
Morrisville Borough 2026 Design/Build Curb Ramp Project
Solicitation number
Not on record
Issued by
Bucks County, Pennsylvania

About this file

This is a Consent of Surety to Final Payment document issued by the Municipal Authority of the Borough of Morrisville, located at 35 Union Street, Morrisville, Pennsylvania 19067, in connection with Contract Number 26-00118 for the Morrisville Borough 2026 CDBG Design/Build Curb Ramp Project. The document serves as formal authorization from a surety company confirming that all claims for labor and materials associated with the project have been satisfactorily settled and that final payment to the contractor may be released. The form is executed by an authorized representative of the surety company and must be accompanied by a current certificate of authority if signed by anyone other than the President or Vice President of the surety company.

This document is a standard template used in the final payment process for construction contracts and includes provisions confirming that the surety company's bond obligations to Morrisville Borough remain in full force despite the release of final payment to the contractor. The execution of this consent indicates that the surety has reviewed the contractor's books and records or accepted an affidavit confirming resolution of all outstanding labor and material claims, satisfying the conditions necessary to proceed with final payment authorization.

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Text version

CONSENT OF SURETY TO FINAL PAYMENT

00 65 19.19-1

DOCUMENT 00 65 19.19

In accordance with the provisions of an Agreement for the Work associated with

CN #26-00118: Morrisville Borough 2026 CDBG Design/Build Curb Ramp Project , between

Morrisville Borough, 35 Union Street, Morrisville PA 19067 and

(Owner, Name and Address)

(Contractor, Name and Address) the ___________________________________________________________________, surety on the bond(s) of (Surety Company)

___________________________________________________________after a careful examination of the books and (Contractor) records of Contractor or after receipt of an affidavit from Contractor, which examination or affidavit satisfies this company that all claims for labor and materials have been satisfactorily settled, hereby approves of the final payment to ____________________________________________________________________, and by these presents (Contractor) witnesseth that payment to Contractor of the final estimate shall not relieve the Surety Company of any of its obligations to Morrisville Borough as set forth in the Surety Company’s Bond.

(Owner)

IN WITNESS WHEREOF, the Surety Company has hereunto set its hand and seal this ______day of

___________________________, 20______.

SURETY

Company:

(Corp. Seal) Signature:

Name and Title:

NOTE: This statement, if executed by any person other than the President or Vice President of the

Surety Company, must be accompanied by a current and effective certificate showing authority conferred upon the person so signing to execute such instruments on behalf of the Surety Company represented.

00 65 19.19-2

END OF DOCUMENT

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