3-Bonding Capacity Letter 2024.pdf
PDF 121 KB Posted
- Attached to
- BP036 Sitework Package 1- Package A
- Solicitation number
- CSP 26-041AL
- Issued by
- Fort Bend County, Texas
About this file
This is a Bonding Capacity Certification Letter required by Fort Bend Independent School District (FBISD) for the BP036 Sitework Package 1- Package A contract opportunity in Texas. The document serves as a certified statement from a Surety Company confirming that the bonding capacity for a referenced contractor will not be exceeded by the contractor's submitted proposal. The letter must be completed and returned in the front of the original submission package and includes fields for contractor firm information, the specific CSP project title, current bonding limits for each occurrence and aggregate amounts, and the percentage of bonding capacity expended with inclusion of the FBISD project. Contractors must also disclose the amount of all projects they are currently preparing bid proposals for or have not yet been awarded, inclusive of all delivery methods such as competitive bids, design-build, and construction manager at risk arrangements.
The Surety Company must be duly authorized by certificate of authority from the State of Texas Division of Insurance and must include their A.M. Best Rating and Financial Size Category in the certification. The original document must be notarized with an embossed stamp, and a Power of Attorney form must be attached. The letter specifies that issuance and approval of any bond is predicated on the most current financial and job information available to the underwriter at the time of bond issuance, and the document provides the only acceptable format for surety bonding capacity certification for this procurement.
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Text version
RETURN THIS DOCUMENT IN FRONT OF ORIGIONAL SUBMISSION PACKAGE
006000.01 – PROJECT
FORMS Page 1 of 2
BONDING CAPACITY CERTIFICATION LETTER
OWNER
Fort Bend Independent School District 555 Julie Rivers Drive Sugar Land, TX 77478 281-634-1803
CONTRACTOR
Firm Name Address City, State, Zip Code Phone
This letter serves as a certified statement that the Surety Company’s authorized bonding capacity for the referenced Contractor will not be exceeded by the inclusion of Contractor’s submitted proposal for FBISD’s CSP ________________, Title of CSP The present limits on bonding for the referenced Contractor are as follows:
$ each occurrence.
$ Aggregate
Percentage of bonding capacity expended with inclusion of FBISD’s CSP ________________, Title of CSP ………..% Amount of ALL projects that the Contractor is currently preparing bid/proposals and/or have not yet been awarded: $ (Amount indicated above must be representative of all projects inclusive of delivery methods such as the following but not limited to: Competitive Bids, Competitive Sealed Proposals, Design-Build, Construction Manager at Risk, Job Order Contracting etc.,)
Issuance and approval of any bond shall be predicated on the most current financial and job information available to the underwriter on the date that the bond is issued. The Surety Company hereby certifies that they are duly authorized by certificate of authority issued by the State of Texas Division of Insurance and that they are rated as follows:
A.M. Best Rating:
Financial Size Category
Notes: This is the only acceptable format for the Surety’s Bonding Capacity Certification Letter.
RETURN THIS DOCUMENT IN FRONT OF ORIGIONAL SUBMISSION PACKAGE
006000.01 – PROJECT
FORMS Page 2 of 2
This statement must be notarized (on an original document with an embossed stamp).
Power of Attorney form must be attached.
SURETY COMPANY
Surety Company Name Address City, State, Zip Code
Authorized Signature:
Date: / /
ACKNOWLEDGMENT
State of
County of
Subscribed and sworn to before me this day of 2024
My Commission Expires
(Notary Seal)
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