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Form NJSDA 814
Revised: June 2008
CONSENT OF SURETY TO REDUCTION IN
OR PARTIAL RELEASE OF RETAINAGE
NJSDA 814
Date:
Package No.:
Contract No.: Contract Trade:
Package Name:
To: NJ Schools Development Authority
PO Box 991
Trenton, NJ 08625-0991
In accordance with the provision of the Contract between the New Jersey Schools Development Authority, State of
New Jersey, and the Contractor as indicated below (Insert name and address of Surety Company):
, Surety Company,
, Contractor
on bond of: (Insert name and address of Contractor)
hereby approves the reduction in, or partial release of retainage to the Contractor, and agrees that such reduction in,
or partial release of retainage to the Contractor shall not relieve the Surety Company of any of its obligations to the
New Jersey Schools Development Authority, State of New Jersey, Trenton, NJ 08625, Owner, as set forth in the
said Surety Company's bond.
IN WITNESS WHEREOF,
the Surety Company has hereunto set its hand this date:
SURETY COMPANY:
AUTHORIZED REPRESENTATIVE:
OFFICIAL TITLE:
ATTEST (SEAL):
File:
/o
