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2022-075A
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Last modified
7/7/2022 3:16:34 PM
Creation date
7/7/2022 1:03:33 PM
Metadata
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Template:
Official Documents
Official Document Type
Contract
Approved Date
04/12/2022
Control Number
2022-075A
Agenda Item Number
12.G.2.
Entity Name
Proctor Construction Company, LLC
Subject
North County Library Expansion
Project Number
IRC-2009
Bid Number
2022021
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MATSON-CHARLTON <br />, U k l l Y l: k U C P <br />QUALIFICATIONS <br />RE: PROCTOR CONSTRUCTION COMPANY, LLC — BONDABILITY PRE -QUALIFICATION LETTER <br />To whom it may concern: <br />This is to advise that until further notice in writing to you, we agree to provide suretyship on behalf <br />of Proctor Construction Company, LLC, covering construction in the amount of $100,000,000 for <br />any single contract and $200,000,000 in the aggregate of outstanding contracts. <br />Please note that the decision to issue perfonnance and payment bonds is a matter between <br />Proctor Construction Company, LLC and Travelers Casualty Insurance Company of America, and <br />will be subject to their standard underwriting at the time of the final bond request, which will include <br />but not be limited to the acceptability of the contract documents, bond forms and financing, if <br />applicable. Travelers Casualty Insurance Company of America and Matson Charlton Surety Group <br />assumes no liability to third parties or to you if for any reason Travelers does not execute said <br />bonds. <br />We confirm that Travelers Casualty Insurance Company of America has a Best Ratings of A++, XV, <br />and is licensed to conduct business in the State of Florida. In addition, it is listed with the United <br />States Department of Treasury's Listing of approved sureties. <br />If you should need any further information, please feel free to contact our office. <br />Sincerely, <br />oW. Charlton <br />MATSON-CHARLTON SURETY GROUP <br />700 South Dixie Highway, Suite 100 • Coral Gables, FL 33146 <br />Phone: 305.662.3852 • Fax: 305.661.9948 <br />NASBP Member <br />o Proctor <br />Construction Co. <br />
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