Page 5 - Trail Winds Proposal E2

Bonding Criterion 1

Financial

Surety Le*er

PROVIDING SURETY BONDS AND INSURANCE
January 10, 2020

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 15 years.
We have never been called upon for a bond, which we have not gladly provided, nor do we an.cipate 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 Con.nental 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.

We would foresee no problem in providing the necessary 100% performance and payment bonds to TRI-CITY

ELECTRICAL CONTRACTORS, INC. This commitment is con.ngent upon an acceptable contract to TRI-CITY
ELECTRICAL CONTRACTORS, INC. and Con.nental Casualty Company.

We regard this firm as one of the outstanding firms in the construc.on industry and we feel the principals of
TRI-CITY ELECTRICAL CONTRACTORS, INC. possess broad experience, financial responsibility and high integrity.
Without reserva.on, we highly recommend TRI-CITY ELECTRICAL CONTRACTORS, INC.

If we can provide any addi.onal informa.on, please do not hesitate to call.

Sincerely, Tri-City Electrical Contractor, Inc. | Electrical Proposal

CONSTRUCTION UNDERWRITERS, INC.

Tom S. Lobrano, IV
TSLIV/tlb

430 West Drive | Altamonte Springs, FL , 32714 | 407-788-3500 4