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Opening of Bids - River Walk from Beyer Street to Howard Park Proj No 117-083A - Northern Indiana Construction Company Inc.
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Opening of Bids - River Walk from Beyer Street to Howard Park Proj No 117-083A - Northern Indiana Construction Company Inc.
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4/8/2025 10:41:05 AM
Creation date
12/12/2019 10:25:42 AM
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Board of Public Works
Document Type
Projects
Document Date
12/10/2019
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DEPARTMENT OF THE TREASURY <br />BUREAU OF THE FISCAL SERVICE <br />t� <br />WASHINGTON, DC 20227 <br />Edward J. Largent III, President <br />Ohio Farmers Insurance Company <br />P. O. Box 5001 <br />Westfield Center, OH 44251 - 5001 <br />Dear Edward J. Largent III: <br />Your Company's Certificate of Authority to qualify as an acceptable surety and/or reinsurer on Federal <br />bonds is hereby renewed and will remain in effect until June 30, 2020, unless revoked prior to that date. <br />On the basis of our review of the Company's Annual Financial Statement as of the close of the last calendar <br />year, the following underwriting limitation has been established, effective July 1, 2019, under the renewed <br />Certificate: <br />POLICYHOLDERS' SURPLUS at December 31, 2018 .............. $2,278,398,795 <br />UNDERWRITING LIMITATION ................................. .„„........... . $227,840,000 <br />We are following the practice of making no deductions from policyholders' surplus reported where the <br />amount of adjustment (e.g., for unauthorized reinsurance, inadequate loss reserves, etc.) would have a <br />nominal effect on the surplus and where it has been determined that the Company is solvent per Treasury's <br />guidelines. This practice facilitates the review work and should not be interpreted as changing or nullifying <br />applicable Treasury requirements. <br />The list of approved sureties (Circular 570) is available on our website at <br />F ttt;;l? ://www.fiscal.treaSLir)Lgov/suty onds/list-cet-t i:ied-co iii )Lt�, . s.ht 1. Please disseminate this <br />information to your associates, agents, reinsurers and even Government agencies whenever <br />possible. <br />If you have any questions regarding the above information, please contact Bobbi Sue Liston at 304-480- <br />7098, immediately. <br />Sincerely, <br />s Digitally signed by Melvin H. Saunders <br />Melvin H. Saunder <br />Date: 2019.07.18 09:42:18-04'00' <br />Melvin Saunders <br />Manager <br />Surety Bond Branch <br />SURETY BOND BRANCH — 6505 BELCREST RD — RM, 345 <br />HYATTSVILLE, MD 20782 — FAX: (202) 874-9978 <br />INTERNET ADDRESS Nroalpa J,q ww �r.ca4,ptt6 IWIy:.L�°yurayy texwr91 <br />
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