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Opening of Bids - Miami Basin Valve Replacement Project Proj No 116-082D - HRP Construction Inc.
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Opening of Bids - Miami Basin Valve Replacement Project Proj No 116-082D - HRP Construction Inc.
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4/8/2025 10:06:17 AM
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12/12/2019 10:13:59 AM
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Board of Public Works
Document Type
Projects
Document Date
12/10/2019
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December 9, 2019 <br />City of South Bend <br />Re: HRP Construction Inc., 5777 Cleveland Rd., PO Box 266, South Bend, IN 46624 <br />Prequalfication <br />To whom it may 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 12,00�0,000 and an aggregate uncompleted backlog of <br />20,000,,000. Zurich/F D is rated"A+" (Superior) with a financial size category of <br />Xis ( 2 billion +) by AM Best and has a CIS Treasury Limit exceeding 500 million. <br />Zurich North America Surety <br />If HRP Construction Inc. is awarded a contract for the referenced project and <br />Fidelity and Deposit Company of <br />requests that we provide the necessary Performance nce an/or Pa yment Bonds, we will <br />be prepared to execute the bonds subject to our acceptable review of the contract <br />300 S Riverside Plaza Suite 2100 <br />terms and conditions, bond forms, appropriate contract funding and any other <br />Chicago, IL 60606 <br />underwriting considerations at the time of the request. <br />http,//www.zurich.com <br />Our consideration and issuance of bonds is a matter solely between HRP <br />Phone 317-753-3078 <br />Construction Inc. and ourselves, and we assume no liability to third parties or to you <br />E-Mail <br />by the issuance of this letter. <br />anthony.ortman@zurichna.com <br />We trust that this information meets with your satisfaction. If there are further <br />questions, please feel free to contact me. <br />Sincerely <br />Zurich American Insurance Company <br />Fidelity and Deposit Company of Maryland <br />c <br />c le L. Biclmell <br />Att rney in Fact <br />
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