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CALIFORNIA PROFESSIONAL ENGINEERING, INC (2)
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CALIFORNIA PROFESSIONAL ENGINEERING, INC (2)
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Last modified
9/12/2022 10:21:18 AM
Creation date
9/12/2022 10:17:49 AM
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Contracts
Company Name
CALIFORNIA PROFESSIONAL ENGINEERING, INC
Contract #
A-2022-157-02
Agency
Public Works
Council Approval Date
8/16/2022
Expiration Date
6/30/2025
Insurance Exp Date
5/19/2023
Destruction Year
2030
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EXCHANGE <br />A.prli 18, 2022 <br />RE. Californla Professional Engineering, Inc. <br />Dear Sir or Madam. <br />We at The Bond Exchange and Insurance Agency have the pleasure of handling California <br />Pt"trfessional Engineering, lnc,% bonding requirements (hereafter referred to as "CPE"). All <br />bands provided for CPE are executethrough a licensed California carrier by the name of United <br />States Fire InsuranceCompany, which is a Federal Treasury listed Surety Company that has <br />been -assigned an "A III" rating by A,M. tit. CPE is an organization with a single job bonding <br />capacity of $10 million with an aggregate program of $20 million. <br />Our investigation of C.PE clearly indicates a company thorougtrly versed in the construction <br />industry with a wealth of experienced people who have berome known for their ability to <br />complete jobs an schedule anti wkNn budget, complemented with excellent woikmanshlp. We <br />have found their relationships with subcontractors and srt*iers to be far above average, which <br />we feel is of great importance to a well -run project, <br />We assure you that based on our normal conditions being prevalent, we can foresee no dtfflcuity <br />in fulfilling requests by your organization to execute faithful performance and labor and <br />materials bonds, as required by the terms of any contratt awarded to them., <br />You understand, 4 terse, that any arrangement for the final bond or bonds is a matter <br />between the; Contractor and ourselves and we assume no liability to third parties orto you for <br />arty reason we do not execute, said bond or Ponds. <br />2 01) (hl isant a Drive. #1160, Mission Viejo, (A 92691 <br />Math: (9 ) 461-7000 I Tb# Free: (MO) 764-7733 I Far (W) 461-M5 1 www-sUTetVb0+_1dex.c0n1 <br />(A License No. MO( <br />
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