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

PDF 662 KB Posted

Attached to
Intersection Improvements for East County Line Road at Grand Hampton Drive
Solicitation number
IFB-26-00398
Issued by
Hillsborough County, Florida

About this file

This is a Consent of Surety to Final Payment form utilized by the Board of County Commissioners of Hillsborough County, Florida for construction projects. The document serves as formal acknowledgment from a surety company that it approves final payment from the county to a contractor and that such final payment does not relieve the surety of its obligations under the associated Performance and Payment Bond. The form requires completion of contract dates, contractor identification, surety company name, bond date, and bond amount, along with authorized signatures from surety representatives and notarization by a Florida notary public.

In the context of the related Intersection Improvements for East County Line Road at Grand Hampton Drive project in Tampa, this consent form would be executed as part of the final payment process for the estimated $1,239,930.07 contract. The form ensures that the surety maintaining the performance and payment bond for this Hillsborough County Engineering and Operations Department project continues to guarantee contractor performance through project completion, protecting the county's interests even after final payment has been disbursed. The project includes a 5% Small Business Enterprise (SBE) participation goal for subcontractors.

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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 .