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<br />I~~ <br /> <br />March 17, 2009 <br /> <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, FL 33160 <br /> <br />Re: James B. Pirtle Construction Company, Inc., d/b/a Pirtle Construction Company <br />RFQ #09-03-01 Professional Construction Services for the Heritage Park and <br />Parking Garage <br /> <br />To Whom It May Concern: <br /> <br />The above referenced company is a highly regarded and valued client of Travelers Casualty and <br />Surety Company of America, rated by Best's KR Guide as A + (Superior), with a financial rating <br />of Class XIII. Travelers Casualty and Surety Company of America has established surety <br />support covering single projects up to $150,000,000 and an aggregate bond limit of <br />$500,000,000. However, these amounts are not to be construed as our maximum levels of <br />support; rather they are guidelines for the daily servicing of the above referenced company's <br />surety needs. <br /> <br />While we would anticipate no problem executing performance and payment bonds for projects <br />within the normal size and scope generally considered by the above referenced company, the <br />execution of any final bonds would be subject to a satisfactory review of the final contract terms <br />and conditions, financing and bond language by the above referenced company and Travelers <br />Casualty and Surety Company of America. <br /> <br />If we can provide any further assurances or assistance, please do not hesitate to call upon us. <br /> <br />Sincerely, <br /> <br />TRA VE ERS CASUALTY AND SURETY COMPANY OF AMERICA <br /> <br />Will' m L. Parker, Attorney-in-Fact <br /> <br /> <br />~ <br /> <br />e Choice" <br /> <br />P.O. Box 561567 · Miami, FL 33256-1567 <br />9500 S. Dadeland Blvd. · Second Floor. Miami, FL 33156-2866 <br />1571 Sawgrass Corporate Pkwy. · Suite 130 · Sunrise, FL 33323-2807 <br />'8': 305.670.6111 · 800.273.4433 <br />~: 305.670.9699 · 866.467.6872 <br />email@insource-inc.com · www.insource-inc.com <br />