Consent of surety definition

Consent of surety means a contract guaranteeing that if the contract is awarded, the surety will provide a performance bond.
Consent of surety means a promissory note guaranteeing that if the contract is awarded, the surety will provide a performance bond.
Consent of surety means a contract guaranteeing that the Surety will provide a performance bond on behalf of the bidder in the event that the bidder is awarded the contract.

Examples of Consent of surety in a sentence

  • Consent of surety will be obtained from all Contract Change Orders involving an increase in the Contract Sum.

  • Consent of surety is required for a novation agreement (See subpart 42.12).

  • An affidavit that all payrolls, bills for materials and equipment and other indebtedness connected with the work for which the City or his property might in any way be responsible, have been paid.2. Consent of surety to final payment, and3.

  • Consent of surety will be obtained for all Contract Change Orders involving an increase in the Contract Sum.

  • Consent of surety to reduction in or partial release of retainage.


More Definitions of Consent of surety

Consent of surety. - means a contract guaranteeing that if the contract is awarded, the surety will provide a performance bond.
Consent of surety means an acknowledgment by a surety that its bond given in connection with a contract continues to apply to the contract as modified.
Consent of surety means a promissory note guaranteeing that if the contract is awarded, the surety will provide a Performance Bond. "Contract" means the written agreement executed by and between the successful Proposer and the governing body and shall include the Proposal, and the Request for Proposal.
Consent of surety means the consent form required to be executed by the surety as set out in Section3.10 – Appendix "A": Consent of Surety.
Consent of surety means a surety company guarantee that the surety will provide a performance bond if the contract is awarded.
Consent of surety means a written confirmation from the Surety approving an action.
Consent of surety means a contract guaranteeing that if the contract is awarded, the surety will provide a performance bond.” Contamination Surcharge” means an assessment on each ton of contamination found in delivered recyclable materials when said contamination levels exceed the standards as set forth in this RFP.