The form below is a demonstration of the information necessary to complete a Certificate of Substantial Completion.
AIA FORM 707 is the form that should be completed and submitted.
Consent of Surety to Final Payment
TO OWNER: Board of Trustees of the University of Arkansas acting on behalf of (insert campus name)
PROJECT CAMPUS:
(Name and address)
ARCHITECT PROJECT NO:
CONTRACT DATE:
In accordance with the Contract between the Owner and Contractor as indicated above the (insert name and address of surety) SURETY, or bond of (insert name and address of contractor) CONTRACTOR, hereby approves of the final payment to the Contractor and agrees that final payment to the Contractor shall not relieve the Surety of its obligation to (insert name of address of owner) OWNER, as set for in said Surety’s bond.
In WITNESS WHEREOF, THE Surety has hereunto set its hand on this date:
_______________________________________________
SURETY
_______________________________________________
Signature of authorized representative