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<br /> <br /> <br />Financial Stability <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Financial Stability Overview <br /> Bonding capacity $200,000,000.00 <br /> Line-of-credit to fund multiple projects <br />in multiple locations. <br /> Completed every project it was tasked <br />to execute and has never been <br />terminated for default. <br /> Never filed for bankruptcy and has <br />never been involved in any liens or <br />litigation involving financial <br />performance or subcontractor non- <br />payment. <br /> <br />Since the company’s incorporation in 1989, TFR <br />has completed over 350+ federally funded debris <br />removal contracts in its 33-year history. From a <br />dedicated owner to experienced staff, TFR offers <br />not only the knowledge to perform any size job, but <br />also the financial flexibility to complete multiple <br />large-scale projects simultaneously. This was <br />exemplified during the 2020 Hurricane season in <br />which TFR performed 57 debris missions stemming <br />from Iowa, Louisiana, Mississippi, Alabama, <br />Texas, and Oklahoma, in excess of $76 Million. <br /> <br />With such large-scale performance across an <br />enormous geographical area, a company must retain <br />the financial flexibility and strength to pay <br />subcontractors, suppliers and employees on time, <br />every week. <br /> <br />“TFR Enterprises Inc. as well as the principle’s <br />Tipton and Julie Rowland, have been an excellent <br />customer of the bank for over 15 years. Currently, <br />TFR Enterprises Inc. has a $4,250,000.00 <br />Revolving Line of Credit that is unfunded, and <br />they keep considerable deposits with Prosperity <br />Bank. The Rowland’s have always performed as <br />agreed and are a pleasure to work with.” ~ Travis <br />Freeman, Prosperity Bank Regional President <br /> <br />For additional information on TFR’s financial <br />capabilities, please feel free to contact Toby <br />Miclette or Travis Freeman. Contact information is <br />listed for your convenience and audited financial <br />statements are available upon request. <br /> <br />Contact Information <br /> <br />Banking: <br />Prosperity Bank <br />Travis Freeman, Regional President <br />25661 I-45 <br />The Woodlands, TX 77380 <br />P: (281) 292-6691 <br /> <br />Bonding: <br />Toby Miclette <br />Bowen, Miclette & Britt Insurance Agency <br />2800 North Loop West <br />Suite 1100 <br />Houston, TX 77092 <br />P: (713) 880-7109 <br /> <br />Insurance: <br />Higginbotham Insurance <br />Erin Woodard, Senior Account Manager <br />1221 S. Mopac Expressway <br />Suite 160 <br />Austin, TX 78746 <br />P: (512) 583-1543 <br />ITB No. 23-04-01 <br />Disaster Debris Management and Disposal Services <br />39