G707A-1994, Consent of Surety, Release of Retainage (50 Pack)
G707A–1994, Consent of Surety to Final Reduction in or Partial Release of Retainage
This is a standard form for use when a surety company is involved and the owner/contractor agreement contains a clause whereby retainage is reduced during the course of the construction project. When duly executed, AIA Document G707A™–1994 assures the owner that such reduction or partial release of retainage does not relieve the surety of its obligations.
Pack of 50 documents
When to use
- Any size project
- Only use on projects with a surety involved
- Reduces retain age by an agreed upon amount
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