8-Consent of Surety to Final Payment.pdf.pdf
PDF 662 KB Posted
- Solicitation number
- IFB-26-00363
- 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 a formal acknowledgment by a surety company that it approves final payment to a contractor and confirms that the final payment release does not relieve the surety of its obligations under the associated Performance and Payment Bond. The form includes blank fields for the contractor name, agreement date, surety name, bond date, bond amount, and final payment date, along with signature lines for surety authorization and notarization requirements in accordance with Florida law.
The form is a standard template utilized in conjunction with the Roadway Resurfacing Repair and Preservation Districts 3 & 4 contract, an estimated $16,000,000 project requiring qualified contractors to perform roadway resurfacing, preservation, and repair work throughout Hillsborough County using specified methods including Superpave Asphaltic Concrete and Full Depth Reclamation. The surety consent document protects the county owner by ensuring that the surety company remains liable for contractor performance obligations even after final payment has been issued, maintaining financial security throughout the project completion process. This contract includes a 5 percent Small Business Enterprise (SBE) 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 .