Laserfiche WebLink
I <br />September 9, 2019 <br />City of South Bend, Indiana <br />Board of Public Works <br />County -City Building <br />Room 1315, 227 W. Jefferson Blvd. <br />South Bend, IN 46601 <br />RE Midland Engineering Co., Inc. <br />52369 US 33 North <br />South Bend, IN 46624 <br />RE: Vested Interest Building Roof Repair Project#119-049 <br />To Whom It May Concern: <br />We are proud to serve as the surety bond agent for the Midland Engineering Co. Inc. Their bonds have <br />been written though The Cincinnati Insurance Company since 2004. The Cincinnati Insurance <br />Company has an A. M. Best rating classification of A+ with a financial category of XV and is currently <br />on the U.S. Department of the Treasury's Listing of Approved Sureties. <br />Midland Engineering Co. Inc. has an established bonding line of up to $10,000,000 on Single projects <br />with an aggregate program of $30,000,000. Based on current work in progress, their available bond <br />capacity would be $25,000,000. <br />We continue to be confident in this principal's ability to perform and we recommend them for your <br />favorable consideration. <br />This letter is not to be construed as an agreement to provide surety bonds for any particular project, but <br />is offered as an indication of our past experience and confidence in this firm. Any specific request for <br />bonds will be underwritten on its own merits. <br />Should you need any further assurances, please do not hesitate to contact our office. <br />Yours very truly, <br />�ce f use <br />" Assistant Client Manager -Surety <br />Direct: 574-334-5533 <br />