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Opening of Proposals - WWTP Solar Guaranteed Energy Savings Contract Proj. No. 124-015 - Veregy
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Opening of Proposals - WWTP Solar Guaranteed Energy Savings Contract Proj. No. 124-015 - Veregy
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4/17/2025 2:53:01 PM
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5/28/2024 3:13:46 PM
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Board of Public Works
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Projects
Document Date
5/28/2024
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MarshMcLennan <br />Agency <br />March 22, 2024 <br />RE: Veregy Central, LLC <br />To Whom It May Concern, <br />Marsh McLennan Agency <br />825 Maryville Centre Drive I Suite 200 <br />Chesterfield I MO 63017 <br />T +1 314 594 2700 <br />MarshMMA.com <br />Marsh McLennan Agency is pleased to provide surety credit for Veregy Central, LLC. During our relationship with <br />Veregy Central, LLC we have never had a question as to respects to workmanship or their ability to perform. <br />The current surety for Veregy Central, LLC is SiriusPoint America Insurance Company. SirusPoint America <br />Insurance Company has a AM Best rating of A- (Excellent) with a financial strength of XV ($2 Billion or greater) <br />and S&P Long Term Debt Rating of BBB. Veregy Central, LLC has the technical expertise, equipment, labor <br />force to successfully perform projects at the $125,000,000 single /$300,000,000 aggregate bonding program. <br />They currently have $160,000,000 available in bonding capacity. <br />Should a project be awarded to and accepted by Veregy Central, LLC, we are prepared to consider providing the <br />required bonds on their behalf. Any bonds are subject to acceptable review of the contract terms and conditions, <br />bond forms, confirmation of financing, and any other underwriting considerations at the time of the request. It <br />should be understood that any arrangement for bonds is strictly a matter between Veregy Central, LLC and <br />SiriusPoint America Insurance Company. We assume no liability to third parties or to you if for any reason we do <br />not execute said bonds. <br />Please feel free to contact me if you have any questions regarding Veregy Central, LLC or their surety bond <br />programs. <br />Sincerely, <br />An w P. home, Attorney -in -Fact <br />SiriusPoint America Insurance Company <br />A business of Marsh McLennan Your future is limitless.- <br />
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