Proof of Bonding Capacity

The specific requirements for a proof of bonding capacity may vary depending on the certifying agency and the type of certification being sought (MBE, WBE, DBE, WOSB). However, there are several common elements that are typically included in a proof of bonding capacity for certification applications.

What Does a Proof of Bonding Letter Contain? Proof of bonding capacity, or bondability letter, usually contains simple and straightforward information to assure the project owner or general contractor. A typical statement of bondability includes both the single project limit and total aggregate bonding capacity of the company and some basic information on the surety company. It’s important to note that if receiving a bondability letter it should be written on the letterhead of the surety provider the contractor works with to ensure it’s valid and that it was signed on behalf of a surety rather than a surety agent. The letter can also be notarized to prove its authenticity and that the bonding capacity listed was determined by a surety provider.