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

PDF 662 KB Posted

Attached to
Cape Seal Pavement Preservation
Solicitation number
IFB-26-00111
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, related to the Cape Seal Pavement Preservation project estimated at $2,010,823.90. The document serves as formal acknowledgment by the surety that it approves the final payment from the owner to the contractor and confirms that this final payment does not relieve the surety of any obligations outlined in 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, along with authorized signatures from both the surety and surety's attorney in fact.

The document includes notarization requirements under Florida law with provisions for physical presence or online notarization before a notary public in Hillsborough County, Florida. The form specifies that the notary must verify the identity of the signatory and document the type of identification produced. This template, revised as of March 6, 2020, establishes the formal legal mechanism by which the surety confirms its continued obligations to the county owner even after final payment is released to the contractor, thereby protecting the public entity's interests throughout project completion.

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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 .