6-Consent of Surety to Final Payment.pdf.pdf
PDF 662 KB Posted
- Solicitation number
- IFB-26-00148
- Issued by
- Hillsborough County, Florida
About this file
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 from a surety company that it approves final payment to a contractor and agrees 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 company name, bond date, and bond amount. Execution requires authorization signatures from the surety's representative and attorney in fact, along with notarization before a Florida notary public.
The document is a standardized template designed to protect the county's interests by ensuring surety companies formally consent to and maintain their bonding obligations even after final payment is issued to contractors. This requirement helps safeguard public funds and ensures continued surety coverage for potential claims related to contract performance or payment of subcontractors and suppliers. The form was last revised on March 6, 2020, and is applicable to the Northwest Transfer Station Community Collection Center Floor Upgrades project, which involves cast-in-place concrete work with an estimated value of $2,243,136.50 and includes a 5% Small Business Enterprise subcontractor participation goal.
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Text version
CONSENT OF SURETY TO FINAL PAYMENT
WHEREAS, the BOARD OF COUNTY COMMISSIONERS OF HILLSBOROUGH COUNTY, FLORIDA, hereinafter called the "OWNER", and ________________________, hereinafter call the "CONTRACTOR", entered into an Agreement on _____________________, 20 , for the purpose of
; and
WHEREAS, , hereinafter called the "SURETY", is bound to the OWNER through its Performance and Payment Bond dated ________________ 20______, and in the sum of $______________________.
NOW, THEREFORE, the SURETY does hereby approve of the Final Payment by the OWNER to the CONTRACTOR and agrees that said Final Payment shall not relieve the SURETY of any obligations to the OWNER as set forth in the aforesaid Bond.
Given this day of , 20_______.
SURETY:
BY: __________
Witness Authorized Signature
BY: ________________________________
Witness As Attorney in Fact
Agency (attach Power of Attorney)
STATE OF FLORIDA
COUNTY OF HILLSBOROUGH
The foregoing instrument was acknowledged before me by means of physical presence or online notarization this ___ day of ____________, 20___, __________________________ by (Name of person)
________________________ for _________________________________________________.
(ie. Officer, attorney in fact) (Name of party on behalf of whom instrument was executed.)
(Signature of Notary Public)
(Print, Type, or Stamp Name of Notary Public)
Personally Know OR Produced Identification
Type of Identification Produced __________________
Revised 03.06.2020
File details come from the government source that posted it. Updated .