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<br />TURNER CONSTRUCTION COMPANY <br /> <br />BONDING CAPABILITIES <br />Turner obtains bonds through Travelers Casualty and Surety Company of America, Federal Insurance <br />Company, Fidelity and Deposit Company of Maryland, Zurich American Insurance Company and Liberty Mutual <br />Insurance Company. All six have strong ratings in the A.M. Bests' Key Rating Guide. Turner's reputation for <br />high quality performance and management is prominent throughout the construction industry in the United <br />States and abroad with projects completed on an individual basis ranging from $50,000 to well over $400 <br />million. Our total bonding capacity is in excess of $3 billion and has never been met to date. The sureties <br />support the Turner Corporation and it subsidiaries with a surety program that is sufficient to meet our <br />requirements for performance and payment bonds. In addition, no bond has ever been invoked in the history <br />of the surety program. See attached Bonding Prequalification Letter. <br /> <br />Turner <br /> <br />- <br />- <br />- <br /> <br />:t <br /> <br />UJ <br /> <br />> <br /> <br />a: <br /> <br />UJ <br /> <br />> <br />o <br /> <br />::l!: <br /> <br />a: <br /> <br />u. <br />