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12-08-25-R
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INSTRUCTION SHEET <br />FOR AIA DOCUMENT G707, CONSENT OF SURETY TO FINAL PAYMENT <br />A. GENERAL INFORMATION <br />1. Purpose <br />This document is intended for use as a companion to AIA Document G706, Contractor's Affidavit of Payment of Debts and <br />Claims, on construction projects where the Contractor is required to furnish a bond. By obtaining the Surety's approval of final <br />payment to the Contractor and its agreement that final payment will not relieve the Surety of any of its obligations, the Owner <br />may preserve its rights under the bond. <br />2. Related Documents <br />This document may be used with most of the AIA's Owner -Contractor agreements and general conditions, such as A201 and its <br />related family of documents. As noted above, this is a companion document to AIA Document G706. <br />3. Use of Current Documents <br />Prior to using any AIA document, the user should consult the AIA, an AIA component chapter or a current AIA Documents List to <br />determine the current edition of each document. <br />4. Limited License for Reproduction <br />AIA Document G707 is a copyrighted work and may not be reproduced or excerpted from in substantial part without the express <br />written permission of the AIA. The G707 document is intended to be used as a consumable -that is, the original document pur- <br />chased by the user is intended to be consumed in the course of being used. There is no implied permission to reproduce this <br />document, nor does membership in The American Institute of Architects confer any further rights to reproduce G707. <br />A cautionary notice is printed in red on the original of this document. This notice distinguishes an original AIA document from <br />copies and counterfeits. To ensure accuracy and uniformity of language, purchasers should use only an original AIA document or <br />one that has been reproduced from an original under a special limited license from the AIA. <br />A limited license is hereby granted to retail purchasers to reproduce a maximum of ten copies of a completed or executed G707, but <br />only for use in connection with a particular project. Further reproductions are prohibited without the express permission of the AIA. <br />B. CHANGES FROM THE PREVIOUS EDITION <br />Changes in the location of various items of information were made, without revision to the substance of the document. <br />C. COMPLETING THE G707 FORM <br />GENERAL: The bond form is the usual source of required information such as the contract date and the names and addresses of the <br />Surety, Owner, Contractor and Project. <br />ARCHITECT'S PROJECT NO.: this information is typically supplied by the Architect and entered on the form by the Contractor. <br />CONTRACT FOR: This refers to the scope of the contract, such as "General Construction" or "Mechanical Work"- <br />D. EXECUTION OF THE DOCUMENT <br />The G707 form requires both the Surety's seal and the signature of the Surety's authorized representative. <br />4/94 <br />INSTRUCTION SHEET FOR AIA DOCUMENT G707 0 CONSENT OF SURETY TO FINAL PAYMENT ❑ 1994 <br />EDITIONOAIAVOTHE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVENUE, N.W., <br />WASHINGTON, D.C. 20006-5292 <br />Page 2 of 2 <br />G707-1994 <br />
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