5-Consent of Surety to Final Payment.pdf.pdf

This is a Consent of Surety to Final Payment form used by the Board of County Commissioners of Hillsborough County, Florida for construction contracts. The document serves as formal acknowledgment by a surety company that it approves final payment to a contractor and confirms that such payment does not relieve the surety of its obligations under the associated Performance and Payment Bond. The form requires completion of contract details including the contractor name, agreement date, surety name, bond date, and bond amount. It necessitates signatures from authorized surety representatives, witness attestation, and notarization in Hillsborough County, Florida to validate the surety's consent.

The Consent of Surety to Final Payment form is a standard administrative document used in connection with the Miscellaneous Parking Lot Repaving Services Term Contract B, a Hillsborough County Facilities Management and Real Estate Services Department solicitation for parking lot restoration services estimated at $6,000,000.00. The contract includes a 5% Small Business Enterprise (SBE) subcontractor participation goal. Questions and requests for interpretation must be submitted no later than 14 calendar days following solicitation issuance, the site visit, or the pre-bid conference, whichever occurs later. This surety consent form ensures bonding protection remains in effect through project completion and final payment, maintaining contractor and payment guarantees for the county throughout the contract term.