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50SOUTH BEND, INDIANA GSC <br />BONDING CAPABILITY LETTER <br />Cathy Woodruff <br />Marsh USA Inc. <br />200 Public Square <br />Suite 3760 <br />Cleveland,OH 44114 <br />216-937-1379 <br />Cathy.L.Woodruff@marsh.com <br />www.marsh.com <br /> <br />City of South Bend, Indiana <br />227 W. Jefferson Blvd. <br />South Bend, IN 46601 <br />June 29, 2023 <br />Subject:Kokosing Industrial, Inc.–South Bend WWTP/CSO 045 Equalization Basin Project <br />To Whom It May Concern: <br />This letter will confirm that Kokosing Industrial, Inc.is highly regarded by and prequalified with <br />its surety companies, and regularly obtains Performance and Payment Bonds. Kokosing <br />Industrial, Inc.is capable of providing such bonds for projects in excess of $500 million with <br />aggregate contracts exceeding $3 billion. These single project size and aggregate capacity <br />levels are by no means meant to imply a maximum capacity level and should larger capacity <br />amounts be necessary the underwriters are favorable toward providing Kokosing Industrial, <br />Inc. with higher support levels. <br />With an award of a project to Kokosing Industrial, Inc.and subsequent to your request for <br />bonds, Performance and Payment bonds may be executed each in the amount of 100 percent <br />of the project by Liberty Mutual Insurance Company (A.M. Best Rating A) and Travelers <br />Casualty and Surety Company of America (A.M. Best Rating A++), co-sureties for Kokosing <br />Industrial, Inc. The sureties look forward to the opportunity to underwrite contract documents in <br />the interest of supporting you on your prospective projects and providing Performance and <br />Payments Bonds as may be required. This pre-qualification is conditioned on acceptable <br />underwriting considerations such as contract terms and conditions, bond forms and project <br />details. <br />We are proud to be a part of the Kokosing Industrial, Inc.risk management and surety team. <br />Should you have any questions or if you need any clarification, please do not hesitate to <br />contact me. <br />Sincerely, <br />__________________________________________ <br />Cathy L. Woodruff, Attorney-in-Fact <br />Liberty Mutual Insurance Company <br />Travelers Casualty and Surety Company of America <br />Cathy L Woodruff Digitally signed by Cathy L <br />Woodruff <br />Date: 2023.06.29 22:10:36 -04'00'