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Thread: Bondability

  1. chefman
    chefman is offline Member
    Join Date
    May 2007
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    59

    Bondability

    I bid a job with a letter of credit and the obligee is asking me for a letter of bondability. I have a bond that I got for my license does this make me bondable?
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  2. Admin
    Admin is offline Administrator
    Join Date
    Jan 2005
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    755

    The letter of bondability is referring to contract surety bonds. In order to obtain such a letter you would have to set up a contract bond line.
    Surety Bond Articles
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