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Opening of Bids - Main & Colfax Parking Structure Repairs 2019 Project No 115-143A - RAM Construction Services of Michigan Inc
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Opening of Bids - Main & Colfax Parking Structure Repairs 2019 Project No 115-143A - RAM Construction Services of Michigan Inc
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4/3/2025 3:39:49 PM
Creation date
12/12/2018 12:56:13 PM
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Board of Public Works
Document Type
Projects
Document Date
12/11/2018
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C41 Guy HURLEY <br />October 24. 2018 <br />10 \% I IMI I I MAY CONCERN,- <br />ItF:: RANI Construction Services of Ntichigan, Inc. and Subsidiaries <br />RANI Construction Services of Michigan. Inc. and Subsidiaries is a valued surety client <br />of'Tra%clers Casualty and Surcly Company of America. <br />'I ravelers Casualty and Surety Company of America has a high regard for the <br />managencut of the company and its management systems and controls. RAVI <br />Construction Services of Michigan. Inc. and Subsidiaries is well financed and enjoys an <br />excellent reputation in its industry. <br />Travelers Casualty and Surety Company of America has a $30,000,000 single project and <br />S 100.000.000 aggregate backlog line of credit in place. Individual projects or work <br />programs in excess of these amounts would be favorable considered subject to current <br />and satistactory underwriting information at the time of such request. <br />If awarded it project it is the present intention of 1Fravelers Casualty and Surety Company <br />of America to provide the required bonds in the full amount of the contract. Travelers <br />C'asualt) and Surety Company of America reserves the right to perlonn normal <br />underwriting at the time of any bond request, including, without limitation, prior review <br />and approNal of relevant contract documents. bond lorms, and project financing. We <br />assume no liability to you or your affiliates if for any reason we do not execute such <br />bonds. <br />Travelers Casualty and Surct� Conlpan) of America has a Best Rating ol`A+ F Financial <br />Sire Category XV. <br />A�*ry wMI4W1NdMl p, <br />"Travelers Casualty and Surety Company of America •"' qND u,14,�.. <br />w T <br />' � 1 <br />- <br />4 <br />I Nichols. Attuntcy-ut-lacl o. �,,..�.... <br />inn <br />) IRE ("I .i 7 j l CAIX 11 1 1 + 11 1 1. <br />
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