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

PDF 662 KB Posted

Attached to
North Himes Avenue at West Waters Avenue
Solicitation number
IFB-26-00271
Issued by
Hillsborough County, Florida

About this file

This is a Consent of Surety to Final Payment form issued by the Board of County Commissioners of Hillsborough County, Florida. The document serves as a template for obtaining surety approval before the Owner makes final payment to a Contractor on a performance and payment bond. The form requires completion of key contract details including the contractor's name, agreement date, surety company information, bond date, and bond amount. The document must be executed by the surety through an authorized signatory or attorney in fact, witnessed, and notarized before a notary public in the State of Florida, County of Hillsborough.

The form explicitly states that the surety's approval of final payment does not relieve the surety of any obligations to the Owner as established in the underlying performance and payment bond. This template was last revised on March 6, 2020, and is designed for use on the North Himes Avenue at West Waters Avenue intersection improvements project, estimated at $2,594,198.34. The project involves roadway intersection improvements including replacing signal infrastructure with mast arms, roadway widening, milling and resurfacing, drainage installation, ADA sidewalk and curb ramp improvements, and signing and pavement marking. A Small Business Enterprise (SBE) subcontractor goal of 5% has been established for this solicitation and resulting contract.

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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 .