consent of surety

consent of surety

1.Written consent of the surety on a performance bond and/or labor and material payment bond to such contract changes as change orders or reductions in the contractor’s retainage, or to final payment, or to waiving notification of contract changes.
2. Written consent of the surety, to an extension of time in a bid bond.
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Each bid must be made upon the prescribed forms, furnished with the Contract Drawings and Specifications, including the non-collusion affidavit and ownership statement compliance form and must be accompanied by a Consent of Surety and a certified check, cashier%s check, or Bid Bond of not less than ten (10%) percent of the amount bid and, not to exceed $20,000.
Each Bidder must deposit with his Bid, a Bid Bond, or a Certified or Cashier%s Check to the order of the Forsyth County Board of Commissioners in an amount not less than five percent (5%) of the amount bid & a Consent of Surety form from a surety company licensed to conduct business in the State of Georgia, engaging to furnish, upon award of the Contract, a Performance Bond & a Payment Bond.
Tenders must be accompanied by a bid security in the form of a Bid Bond or certified cheque in the amount of 10% of the tendered price, payable to the City of Regina and a Consent of Surety to furnish a Performance Bond in the amount of 25% of the tendered price.
Proposals must be made on the standard Proposal Forms in the manner designated in the Contract Documents, must be enclosed in sealed envelopes bearing the name and address of the Bidder, and the name of the work on the outside; addressed to Clerk, Township of Hillsborough; and must be accompanied by a statement of Consent of Surety from a surety company authorized to do business in the State of New Jersey and acceptable to the Township and either a Bid Bond, Certified or Cashier%s Check drawn to the order of the Township of Hillsborough for not less than ten percent (10%) of the amount bid, except that the check need not exceed $20,000.