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BALDWIN • Commercial Insurance <br /> C COX •Construction Bonds <br /> • Employee Ba <br /> ALLEN - Personal Insurance411 <br /> Insurance & Construction Bonds <br /> May 9, 2018 <br /> City of Sunny Isles Beach <br /> 18070 Collins Ave <br /> Sunny Isles Beach, FL 33160 <br /> RE: TFR Enterprises, Inc— Bonding Capacity <br /> To Whom It May Concern: <br /> We have the pleasure of bonding TFR Enterprises, Inc (TFR) and can highly recommend this <br /> fine contractor to you. We feel they are a well-managed company with a history of completing <br /> their projects on time and within budget. The bonding capacity for TFR is in the range of$25 <br /> million single and $50 million aggregate. The current bonding company is Westchester Fire <br /> Insurance Company which is an A++ rated and Treasury Listed surety. <br /> Our understanding is that TFR is being considered for projects on your behalf. Subject to the job <br /> being within the single and aggregate limits, normal review of the contract terms and conditions, <br /> confirmation of construction financing in the full amount of the contract, and any related <br /> 4111 underwriting items at the time of the request, we fully anticipate being able to provide the <br /> performance and payment bonds as required for your project. <br /> This letter is offered as an indication of TFR's past experience and our confidence in the firm, <br /> and not to be construed as an agreement to provide surety bonds. Please be aware that the <br /> execution of payment & performance bonds is subject to the positive review of all normal <br /> underwriting considerations at the time of the request. Any specific request for bonds will be <br /> underwritten on its own merits and any arrangement for bonds required by any contract is a <br /> matter between the contractor and the surety and we assume no liability to you or your third <br /> parties, if for any reason we do not execute these bonds. Bonds will be provided when the <br /> project/task order in question is agreeable to both parties and proper contracts are in place. <br /> Again, we can highly recommend TFR to you. Feel free to contact me at 972-331-3709 should <br /> you have any questions about our fine client. <br /> Best Regards, <br /> Brock Baldwin <br /> Principal <br /> Baldwin Cox Allen <br /> P 972.644.2688 5930 Preston View Blvd. Ste. 200, Dallas, TX 75240 F 972.644.8035 <br /> WWW . BALDWINAGENCY . COM <br />