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RESOLUTION NO. 13RESOLUTION OF THE MENDOCINO COUNTY BOARD OF SUPERVISORS APPROVING RELEASE OF CONTRACT SURETY, DEPARTMENT OF TRANSPORTATION CONTRACT NO. 100025, 2006 STORM DAMAGE REPAIRS ON MENDOCINO
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How to fill out release of contract surety

01
To fill out a release of contract surety, follow these steps:
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- Start by stating the name of the surety company or bonding company that issued the original bond.
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- Specify the bond number, which is a unique identifier assigned to the bond.
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- Mention the obligee's name, which is the party who required the bond.
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- Provide the principal's name, which is the party responsible for fulfilling the contract.
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- Indicate the contract number or description of the bonded contract.
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- State the date of the original bond's execution.
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- Specify the amount of the original bond and the amount of any changes or reductions that have occurred.
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- If applicable, include any evidence or documentation supporting the reduction or release of surety.
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- Provide the name, title, and contact information of the person signing the release of contract surety.
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- Finally, sign and date the release form.
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Please note that these instructions may vary depending on the specific release of contract surety form being used. It's important to carefully read and follow the instructions provided on the form itself.

Who needs release of contract surety?

01
A release of contract surety may be needed by various parties involved in a bonded contract, including:
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- Contractors: Contractors who have completed their obligations under a contract and want to obtain the release of surety can initiate the process.
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- Obligees: Obligees, who required the bond as a form of protection, may need the release of surety once the contract has been fulfilled or terminated.
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- Surety Companies: Surety companies that provided the original bond may require a release to confirm the completion or reduction of their obligations.
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- Legal Representatives: Attorneys or legal representatives involved in the contract or bond agreement may handle the preparation and submission of the release of contract surety.
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- Government Agencies: Government agencies that oversee public contracts may require a release of contract surety to ensure the release of any bond-related obligations upon contract completion.
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Release of contract surety is a process where the surety bond company releases itself from any obligations under the bond.
The party that originally obtained the surety bond is typically required to file the release of contract surety.
To fill out release of contract surety, you will need to provide information such as the bond number, name of the principal, and reason for the release.
The purpose of release of contract surety is to formally release the surety bond company from its obligations under the bond.
The release of contract surety must include details such as the bond number, name of the principal, and reason for release.
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