Opening Request for Qualifications - SB Pinhook WTP Guaranteed Savings Contract - Bowen Engineerig Corporation

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March 12, 2020 To Whom It May Concern: Bowen Engineering Corporation is a highly regarded and valued client of Travelers Casualty and Surety Company of America and Continental Casualty Company. Travelers Casualty and Surety Company of America has an A.M. Best Rating of A++ XV and Continental Casualty Company has an A.M. Best Rate of A XV. Both sureties are listed on the U.S. Treasury Department’s List of Approved Sureties. We have had the privilege of providing bonds to Bowen EngineeringCorporation for over 40 years. In that time we have provided and continue to provide, bonding capacity in excess of $500million. Assuming our client’s financial position remains the same, we would anticipate no difficulty in providing the customary performance and payment bonds if so required by your firm. Naturally, we would expect that the execution of any final bonds would be subject to a review of the final contract terms, conditions, and financing by our client and ourselves. As Bowen Engineering Corporation’s bonding agent, we make in-depth reviews of their financial and project status on a regular basis. We find this firm to be in excellent financial health and all of their current projects are being completed on time. To this date, we have never had an owner give us any indication that they were unhappy with the manner in which Bowen Engineering Corporation expedites its work. Any arrangement for bonds required by the contract is a matter between Bowen Engineering Corporation and the suretyand we assume no liability to you or third parties, if for any reason we do not execute these bonds. If you have any questions regarding this company and their performance history or capabilities, please feel free to give me a call at (317) 853-3668. Very truly yours, Robert L. Sherfick Bond Department Manager 11708 North College AvenueCarmel, IN 46032 P: 317.853.3558