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<br />- <br /> <br />SiB <br /> <br />Schwartz Brothers Insurance <br /> <br />April 8, 2009 <br /> <br />Attn: Jane A. Hines <br />City Clerk <br />Sunny Isles Beach Government Center <br />18070 Collins Avenue <br />First Floor Conference Room <br />Sunny Isles Beach, FL 33160 <br /> <br />Re: RFQ # 09-03-01 Professional Construction Services <br />for the Heritage Park and Parking Garage <br />KVC Constructors, Inc. <br /> <br />Dear Ivls. Hines, <br /> <br />We represent KVC Constructors, Ine. in their relationship with their surety company, <br />Western Surety Company. Western Surety Company, based on analysis of KVC's most <br />recent financial results, has authorized the following surety program on behalf of KVC <br />Constructors, Inc.: <br /> <br />Single Project: <br /> <br />$35,000,000 <br /> <br />Project Backlog: <br /> <br />$55,000,000 (Cost to Complete) <br /> <br />The commitment of Western Surety Company to bond any project is subject to evidence of <br />100lYo project financing, receipt of satisfactory contract documents and review of current <br />underwriting information and requirements. Any arrangements to provide bonds required <br />by a contract is a matter between KVC Constructors, Inc. and Western Surety Company <br />and we assume no liability to you or your third parties, if for any reason, Western Surety <br />Company does not execute bonds. <br /> <br />Both Western Surety Company and we highly recommend KVC Constructors, Ine. for your <br />consideration. We have every confidence that KVC's performance will exceed your highest <br />expecta tions. <br /> <br />\~C ttu 711JJL <br /> <br />J. S )('nc ~vlij er <br />At orne';-in~Fact <br />Weslern Sutt~ry Company <br /> <br />One S. Wacker Drive, 36th Floor <br /> <br />Chicago, Illinois 60606 <br /> <br />312-630-0800 <br /> <br />312-630-0833 Fax <br />