3-Bonding Capacity Letter 2024.pdf
PDF 121 KB Posted
- Attached to
- BP037 Sitework Package 2 - Package A
- Solicitation number
- CSP 26-048AL
- 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 Sitework Package 2 - Package A contract opportunity in Texas. The document serves as a certified statement from a surety company confirming that the contractor's bonding capacity will not be exceeded by the contractor's submitted proposal for FBISD's construction project. The letter must be completed and notarized with an embossed stamp, and must be returned as the front document of the original submission package. A Power of Attorney form must be attached to the notarized letter.
The surety company must provide current bonding limits per occurrence and in aggregate, calculate the percentage of bonding capacity that will be expended with the inclusion of FBISD's project, and disclose the dollar amount of all projects the contractor is currently preparing bids or proposals for or has not yet been awarded. The surety company must certify that it is duly authorized by the State of Texas Division of Insurance and provide its A.M. Best rating and financial size category. The letter explicitly states that issuance and approval of any bond is contingent upon the most current financial and job information available to the underwriter on the date the bond is issued.
View the file
Other files
Show all 14
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
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)
File details come from the government source that posted it. Updated .