DRISCOLL
August 5, 2016
RE: Charter Contracting Company, LLC
Bonding Capability
To Whom It May Concern:
Please be advised The Driscoll Agency handles the surety bonding for Charter
Contracting Company, LLC. We currently have a formal bonding program in place for
Charter Contracting Company, LLC. with Arch Insurance Company, Three Parkway,
Suite 1500, Philadelphia, PA (215)606-1602. Arch Insurance Company is listed on the
United States Treasury List of Acceptable Surety Companies (T-Listed). They are
licensed throughout the United States and they are rated “A+” by A.M. Best.
This project falls well within Charter Contracting Company, LLC.’s bonding capacity of
$100,000,000 single project limit and $250,000,000 aggregate. We are prepared to issue
both payment and performance bonds equal to 100% of the contract value at the request
of Charter Contracting Company, LLC.
Execution of performance and payment bonds are subject to the satisfactory review of
normal underwriting information including contract documents.
Sincerely,
Timothy P. Lyons
The Driscoll Agency 93 Longwater Circle, P.O. Box 9120, Norwell, Massachusetts 02061
Tel: 781.681.6656 Fax: 781.681.6686 www.driscollagency.com
