Consent of Surety

[Bond Magician]

What is a consent of surety?

[Surety Queen]

Originally Posted by Bond Magician

What is a consent of surety?

In relationship to bids, a Consent of Surety is something that the Obligee requires to be attached to bid bonds. It's kind of silly really, because a Consent of Surety basically says that if the Principal is awarded the job, that the Surety will issue the final bond. In reality, that's exactly what a bid bond says so it doesn't make much sense. Fortunately, New Jersey is the only state that we deal with regularly that requires this Consent.