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May 13, 2025 <br />City of Sunny Isles Beach <br />18070 Collins Ave. <br />Sunny Isles Beach, FL 33160 <br />Re: YC Group, LLC – Bond Capacity Letter <br />To Whom It May Concern: <br />We have the pleasure of handling the bid, performance and payment bonds for YC Group, LLC. Great <br />Midwest Insurance Company is their current surety. They are A.M. Best Rated (A, X) with a Treasury <br />Limit in excess of $30 million. Great Midwest Insurance Company. is favorable to supporting single <br />projects in the amount of $5,000,000 and Aggregate support up to $10,000,000. <br />YC Group, LLC is an excellent contractor and we hold them in high regard. We feel extremely confident <br />in our contractor and encourage you to offer them an opportunity to execute any upcoming projects. <br />Please note that the decision to issue a bond is a matter between YC Group, LLC and Great Midwest <br />Insurance Company and will be subject to their standard underwriting at the time of the final bond request, <br />which will include but not be limited to the acceptability of the contract documents, bond forms and <br />financing. We assume no liability to third parties or to you if for any reason they do not execute said bonds. <br />Sincerely, <br />Tyler D DeBord, AFSB, CPCU <br />Senior Vice President, Surety Practice Leader <br />incerely,