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  1. Bond Magician
    Bond Magician is offline Senior Member
    Join Date
    Oct 2007
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    401

    Consent of Surety

    What is a consent of surety?
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  2. Surety Queen
    Surety Queen is offline Surety Professional
    Join Date
    Oct 2007
    Posts
    558

    Bid Bonds

    Quote 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.
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