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AIA Contract Documents
Consent of Surety to Reduction in or Partial Release of Retainage

Number: G707A
Series: Doc G-Series
Member Price: $37.50
Non-Member Price: $50.00


Description

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, G707A-1994 assures the owner that such reduction or partial release of retainage does not relieve the surety of its obligations.

 

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