Page 6 - ProposalBookletLakelandRegMedCenterMOB - DPR

Chapter I, Financial Evalua
on

Bonding

June 27, 2021
PROVIDING SURETY BONDS AND INSURANCE
General Contractors,

Re: TRI-CITY ELECTRICAL CONTRACTORS, INC. – Contractor

To Whom It May Concern:

It has been our pleasure to provide surety credit for TRI-CITY ELECTRICAL
CONTRACTORS, INC. for many years. We have never been called upon for a bond,
which we have not gladly provided, nor do we anticipate the contractor to undertake
any project that we would hesitate to bond because of its size or nature.

Currently, TRI-CITY ELECTRICAL CONTRACTORS, INC. has surety credit
established with Continental Casualty Company, an AM Best Rated Company of A,
XV, in excess of $100 million for single projects and an aggregate work program in
excess of $300 million. There is a current availability in excess of $275 million.

We would foresee no problem in providing the necessary 100% performance and
payment bonds to TRI-CITY ELECTRICAL CONTRACTORS, INC. This commitment
is contingent upon an acceptable contract to TRI-CITY ELECTRICAL
CONTRACTORS, INC. and Continental Casualty Company.
Electrical Proposal We regard this firm as one of the outstanding firms in the construction industry

and we feel the principals of TRI-CITY ELECTRICAL CONTRACTORS, INC. possess
broad experience, financial responsibility and high integrity. Without reservation,
we highly recommend TRI-CITY ELECTRICAL CONTRACTORS, INC.

If we can provide any additional information, please do not hesitate to call.

Sincerely,

CONSTRUCTION UNDERWRITERS, INC.

Tom S. Lobrano, IV
TSLIV/tlb

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