AIA
Forms - G707
CONSENT OF SURETY TO FINAL PAYMENT FORM
The
AIA Document G707™ is
the Consent
of Surety to Final Payment Form.
With
the AIA Document G707 ™, the owner may preserve its
rights under bonds by obtaining the surety's approval of
final
payment
to
the contractor and its agreement that final payment will
not relieve the surety of any of its obligations.
The
AIA Document G707 Consent of Surety to Final Payment Form
is intended for use as a companion to the AIA Document
G706 ™,
on construction projects where the contractor is required
to furnish a bond.
By
obtaining the surety's approval of final payment to the
contractor and its agreement that
final payment will not relieve the surety of any of
its obligations, the owner may preserve its rights under
the
bond.
AIA
Forms - G707
CONSENT OF SURETY TO FINAL PAYMENT FORM |