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Opening of Bids - Neighborhood Infrastructure - Longfellow Ave. & South St. Intersection Proj No. 121-048B - HRP Construction Inc.
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Opening of Bids - Neighborhood Infrastructure - Longfellow Ave. & South St. Intersection Proj No. 121-048B - HRP Construction Inc.
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11/22/2022 2:48:26 PM
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11/22/2022 2:46:05 PM
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Board of Public Works
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Projects
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11/22/2022
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January 19, 2022 <br />Re: <br />HRP Construction, Inc. <br />5777Cleveland, PC)Box 2O0 <br />South Bend, |N 48824 <br />Towhom bmay concern: <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 S15.000.000 and an aggregate uncompleted backlog of <br />$30.000.000. Zurich/F&D is rated "A+" (Superior) with efinonoim| size category <br />Additionally,in compliance with the United States Department of <br />Listing ofCertified Companies, this letter will serve toconfirm that at this 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 States <br />Fidelity and Deposit Company of Department of Treasury's Listing of Approved Sureties according to Department <br />m°ry*"a Circular 57O.and has aUSTreasury Limit exceeding $3OOmillion. <br />300'Riverside Plaza Suite 2100Chicago, IL 60606 IfHRP Construction, Inc. iaawarded mcontract for oproject and requests that we <br />provide the necessary Performance and/or PaymentBonds, we will be prepared <br />ht*://w°w.z"ric^�� <br />� to execute the bonds subject to our acceptable review of the contract terms and <br />Phone 317-753-3078 oonditions, bond fonno, appropriate contract funding and any other underwriting <br />''w"n considerations adthe time ofthe request. <br />""th""v,"n"°"@`",/"h=com <br />(Jur consideration and issuance of bonds is a matter solely between HRP <br />Construction, Inc. and ourom|vee, and we assume no liability to third parties or to <br />you by the issuance of this letter. <br />We trust that this information meets with your satisfaction. If there are further <br />questions, please feel free tocontact me. <br />Sincerely <br />Zurich American Insurance Company <br />VRO <br />LM <br />/orneyy lin Fact <br />
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