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

PDF 662 KB Posted

Attached to
Stormwater CRRP Construction WORCS Contract CDBG-DR North
Solicitation number
IFB-26-00286
Issued by
Hillsborough County, Florida

About this file

This is a Consent of Surety to Final Payment document related to Hillsborough County Engineering and Operations Department's stormwater infrastructure contract in Florida. The document serves as formal acknowledgment from a surety company authorizing the release of final payment to the contractor upon completion of culvert repair and replacement work under the Stormwater CRRP Construction WORCS Contract CDBG-DR North. The contract encompasses as-needed culvert repair and replacement services at various locations throughout Hillsborough County's stormwater infrastructure network, with work primarily located north of I-4 and I-275, though assignments may occur countywide. The total estimated contract value is $18,258,390.04 for work ordered by the County on an as-needed basis under a term contract arrangement.

The Consent of Surety to Final Payment document represents a critical contractual milestone indicating that the surety has approved the final payment release to the contractor, contingent upon satisfactory completion of contracted work. This documentation ensures that the County's CDBG-DR funding requirements are met and that all contractual obligations have been fulfilled before funds are disbursed. The surety's consent protects the County's interests while confirming the contractor's performance standards have been satisfied for the scope of work completed under this stormwater infrastructure improvement initiative.

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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 .