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  1. Bond Magician
    Bond Magician is offline Senior Member
    Join Date
    Oct 2007
    Posts
    401

    Letter of "Bondability"

    Can you issue a letter of bondability? The obligee is asking that I get a letter, a bond is not required.
    Could you help me with this, or do you not handle letters?
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  2. Surety Queen
    Surety Queen is offline Surety Professional
    Join Date
    Oct 2007
    Posts
    558

    Contract Bonds

    Quote Originally Posted by Bond Magician
    Can you issue a letter of bondability? The obligee is asking that I get a letter, a bond is not required.
    Could you help me with this, or do you not handle letters?
    Bondability letters are requested by Obligees when they don't want to have to pay for a Performance Bond. They figure that if you are a good risk for bonding - then you will be a good risk for the Obligee to enter into a contract. Generally, the only time we will write these letters is for existing clients as a courtesy.
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