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Opening of Bids - Neighborhood Infrastructure - Ford St. & Walnut St. Intersection Proj No. 121-048C - HRP Construction, Inc.
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Opening of Bids - Neighborhood Infrastructure - Ford St. & Walnut St. Intersection Proj No. 121-048C - HRP Construction, Inc.
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11/22/2022 2:40:32 PM
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11/22/2022 2:38:13 PM
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Board of Public Works
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Projects
Document Date
11/22/2022
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January 19, 2022 <br />Re: <br />HRP Construction, Inc. <br />5777Cleveland, POBox 28O <br />South Bend, |N 48624 <br />To whom itmay concern: <br />10 <br />Zurich American Insurance Company and/or its subsidiary, Fidelity and Deposit <br />Company of Maryland, have provided surety credit to HRP Construction, Inc. for <br />single projects of $15.000.000 and on aggregate uncompleted backlog of <br />$30.000.000. Zurioh/F&D is rated "A+" (Superior) with ofinanoim| size category <br />mfXV($2billion +)bvAyNBest. <br />Additionally,in compliance with the United States Department of <br />Listing ofCertified Companies, this letter will serve hoconfirm that atthis time the <br />surety company Zurich American Insurance Company and/or its subsidiary, <br />Zurich North America Surety Fidelity and Deposit Company of Maryland is listed with the United 8tcdeo <br />Fidelity and Deposit Company m Department of Treasury's Listing of Approved Sureties according to Department <br />Maryland Circular 57O.and has oU8Treasury Limit exceeding $300 million. <br />300 S Riverside Plaza Suite 2100Chicago, IL 60606 |fHRP Construction, Inc. is awarded a contract for oproject and requests that we <br />provide the necessary Performance and/or Payment Bonds, we be prepared <br />ht��~°°��h�m <br />to execute the bonds subject to our acceptable review of the contract terms and <br />Phone 317-753-3078 conditions, bond forms, appropriate contract funding and any other underwriting <br />''w=o considerations o1the time ofthe request. <br />""th°"v"*m""@`"n"h"".com <br />Our consideration and ieouonoa of bonds is m matter solely between HRP <br />Construction, Inc. and ouree|veo, and we ooeunno no liability to third parties or to <br />you bvthe issuance ofthis letter. <br />We trust that this information meets with your satisfaction. If there are further <br />quaotiono, please feel free hocontact me. <br />Sincerely <br />Zurich American Insurance Company <br />
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