Laserfiche WebLink
CULBERTSON INSURANCE SERVICES, INC. <br />5500 E. SANTA ANA CANYON ROAD, SUITE 201 ANAHEIM, CA 92807-3103 PHONE 714/921-0530 FAX 714/921-2096 <br />EMAIL: bonds@culbertsonbonding.com <br />October 20. 2020 <br />City of Santa Ana <br />20 Civic Center Plaza <br />Santa Ana, CA 92701 <br />RE: T.E. Roberts, Inc. <br />Prequalification for Bidder's List <br />To Whom It May Concern: <br />We are the bonding agent for T.E. Roberts, Inc. Their bonds are currently written through Travelers Casualty and Surety <br />Company of America and have been since 2013. Travelers is currently listed with the Federal Register/The Department of <br />the Treasury's Listing of Approved Sureties and maintains a Best Guide rating of "A++ XV", and is licensed to do business <br />in all fifty states. <br />The surety has currently extended a fifteen -million -dollar single line of credit and a thirty -million -dollar aggregate line of <br />credit for this account, with a current bonding capacity of ten million. At the request of T.E. Roberts, Inc., Travelers will <br />give favorable consideration to providing the required performance and payment bonds, should they be awarded the <br />above project. <br />T.E. Roberts, Inc. has had no claims made on any of their Surety Bonds. <br />The bond rate is as follows based on rate per $1,000 of contract amount: <br />First... <br />$100,000 <br />$10.600 <br />Next... <br />$400,000 <br />$10.600 <br />Next... <br />$2,000,000 <br />$7.400 <br />Next... <br />$2,500,000 <br />$7.050 <br />Next... <br />$2,500,000 <br />$5.950 <br />Over... <br />$7,500,000 <br />$5.950 <br />Please note that the decision to issue performance and payment bonds is a matter between T.E. Roberts, Inc. and <br />Travelers Casualty and Surety Company of America, and will be subject to standard underwriting at the time of the final <br />bond request, which will include but not be limited to the acceptability of the contract documents, bond forms and <br />financing. We assume no liability to third parties or to you if for any reason bonds are not executed. <br />Very truly you s, <br />Charles L. Flake <br />President <br />Culbertson Insurance Services, Inc. <br />CONTRAC2R%G 841ALISTS <br />