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Opening of Proposals - CMc for Madison Lifestyle New Parking Garage Proj No 123-074 - CSM Group
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Opening of Proposals - CMc for Madison Lifestyle New Parking Garage Proj No 123-074 - CSM Group
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12/17/2024 1:08:13 PM
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Board of Public Works
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Projects
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12/17/2024
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<br /> <br />February 7, 2024 <br /> <br />Re: CSM Group, Inc. <br /> Bonding Prequalification <br /> <br />To Whom It May Concern: <br /> <br />Please be advised that Hub International Midwest currently provides surety support and services <br />to CSM Group, Inc. and our experience with them over the past 10+ years has been exemplary. <br /> <br />We maintain an active surety bond program for CSM Group with Travelers Casualty & Surety <br />Company of America – rated A++, XV by A.M. Best Company. To date, Travelers has <br />supported each and every bond request from CSM Group, including support of single projects in <br />the amount of $100,000,000 and overall aggregate work program needs in the $300 million <br />range. CSM Group and its management team have always completed its bonded and unbonded <br />projects successfully and we welcome their next bond request. <br /> <br />Please note that the approval and execution of any surety bonds will always be conditioned upon <br />the Surety’s complete underwriting review including, but not limited to, the review and <br />acceptance of the final contract terms, evidence of 100% project financing and the use of <br />acceptable bond forms. This letter is not to be construed as an agreement to provide surety <br />bonds for any particular project, but is offered as an indication of our past experience and <br />confidence in CSM Group. <br /> <br />We offer our highest recommendation to you of our valued client, CSM Group, Inc. Should you <br />have any questions, please contact me directly. <br /> <br />Sincerely, <br /> <br />Amy Wickett <br /> <br />Amy Wickett <br />Vice President – Surety
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