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DOCUMENT G707A CONSENT OF SURETY TO REDUCTION IN OR PARTIAL ... 20006-5292 WARNING: Unlicensed photocopying G707A 1994.
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Retainage consent of surety is a document that allows a surety to give consent for the release of retainage funds on a construction project.
The surety company or bonding company providing the bonding for the project is required to file retainage consent of surety.
Retainage consent of surety is typically filled out by the surety company and signed by an authorized representative.
The purpose of retainage consent of surety is to release the retainage funds held on a construction project once the work is completed.
The retainage consent of surety must include project details, contractor information, amount of retainage being released, and the signature of an authorized representative.
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