Opening of Proposals - Olive WTP Solar GESC Proj No 124-050 - Schneider Electric

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City of South Bend Public Works Guaranteed Energy Savings Contract Qualifications 4. Financial Qualifications a. Describe your ability to provide adequate liability insurance and necessary performance bonding . With Schneider Electric, you will partner with a company that has a long history (over a century) of growth and financial strength that can support your project needs well into the future. We have the ability to bond all work that will be developed as part of your project. Our commitment to complete the work for the fixed price promised is bolstered by our performance bond, which guarantees we will fulfill all of our construction obligations . Likewise, because Schneider Electric acts as your single point of accountability, South Bend will not be exposed to the risk of subcontractor liens resulting from unpaid invoices. We will obtain payment bonds to ensure our subcontractors are paid on tim e and in compliance with our contract. This protects your bottom line, your fiscal reputation, and your valuable public image. Schneider Electric primarily uses Western Surety Company when providing payment and performance bonds to our customers. Western Surety Company is rated “A-” by AM Best and is capable of providing written confirmation of Schneider Electric’s bonding capacity. Schneider Electric is in the position to consider single projects up to $60 million with an aggregate limit of $500 million. This excellent bonding capacity translates into lower bonding costs for Schneider Electric, which translates into savings for yo u. The current bonding rate is $3.35/$1000. Our bonding agent is: Jessica Iannotta, Bond Specialist, AVP Marsh USA, Inc. 445 South Street, Suite 210 Morristown, NJ 07960 P: (973) 401-5116 F: (973) 401-5380 jessica.iannotta@marsh.com b. Attach the two most recent financial reports or audited financial statements in electronic version via web or file share service links. We are including the latest, abbreviated audited financial statements in Appendix B. Please see the following website to view our latest annual reports in their entirety. https://www.se.com/ww/en/about-us/investor-relations/regulatory-information/annual- reports.jsp c. Provide amount of total outstanding guarantees and amount of guaranteed shortfalls paid out to customers in past five years. At Schneider Electric we take our commitments very seriously. To date we have completed more than $4.1 Billion worth of guaranteed energy savings contracts and met 99.72% of the guaranteed dollars we’ve promised. On those rare occurrences where we have fallen short, Schneider Electric has reimbursed shortfalls for our customers. Following is a list of customers who have received shortfall cash reimbursements in the past five years. The amount listed is a total which may reflect shortfalls, paybacks, and multi-year contracts. In each case, the customer received a check for the full amount of the shortfall. If you are interested in speaking with any of these customers directly, we would be happy to supply references u pon request. Customer Year(s) Total Shortfall Buena Vista City Public Schools 2016-2023 $125,813 Carteret County Schools 2017, 2020 $28,195 City of Covington Aquatic Center 2009-2020 $59,180 City of Greenville 2016, 2020-2021 $37,379 Commerce ISD 2021 $4,278 Use or disclosure of data contained on this sheet is subject to the restriction on the table of contents of this proposal December 10, 2024 Page 6