NSITE DOCUMENT
Statement of Surety - Blank.doc
- Library: Purchissues
- Year Created: 2024
- File Type: DOC
The document is a Statement of Surety related to a construction contract. It outlines that the Surety Company has examined the Contractor's books and records or received an affidavit ensuring all labor and material claims have been settled. Upon this verification, the Surety Company approves the final payment to the Contractor. However, it emphasizes that this final payment does not release the Surety Company from its obligations to the Owner as stated in the bond. The document requires the signature of the Attestor and the President or Vice President of the Surety Company. Additionally, if someone other than the President or Vice President signs, a certificate of authority must accompany the document.