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www.GibsonIns.com <br />t (800) 814-2M <br />f (BOO) 836-2122 <br />C <br />South Bend, IN <br />Plymouth, IN <br />Indianapolis, IN <br />Fort Wayne, IN <br />CII<hort, IN <br />Katnmalon, Nil <br />�r�,IJt ly <br />I �I 7P13 .�u SIN yNN �N 1' <br />City of South Bend Board of Public Works <br />County -City Building Room 1316 <br />227 West Jefferson Blvd <br />South Bend, IN 46601 <br />RE: R & R Excavating, Inc. <br />To Whom It May Concern: <br />It is our understanding that you have requested a surety reference letter from R & R <br />Excavating, Inc. First, we would like to provide you background information about us. <br />Merchants Bonding Company (Mutual)'s rating provided by A. M. Best is a Financial <br />Strength Rating of A and a Financial Size Category of Class VII. <br />We have been providing surety bonds for R & R Excavating, Inc. since 2016. We have <br />approved bonds for them covering jobs up to $30,000,000 and potential work programs <br />of $50,000,000. <br />Additionally, in compliance with the United States Department of Treasury's Listing of <br />Certified Companies, this letter will serve to confirm that at this time the surety <br />company Merchants Bonding Company (Mutual) is listed with the United States <br />Department of Treasury's Listing of Approved Sureties according to Department <br />Circular 570. <br />We continue to be confident in R & R Excavating, Inc.'s ability to perform and we <br />recommend them for your favorable consideration. <br />Th <br />is letter isnot to be <br />t°cct(a(�nt w t t � cly. l -Affot b-0 s r mII <br />articular project, is offered as an indication ation of our past experience and confidence <br />in this firm. Any specific request for bonds will be underwritten on its own merits. <br />Sincerely, <br />MERCHANTS BONDING COMPANY (MUTUAL) <br />.,.... . <br />Jennifer L. Kasznia <br />Attorney in Fact <br />Jlk <br />