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HomeMy WebLinkAboutPW Parking Structure Repairs 2008 ProjectAgenda Item No: Meeting Date: 8-18-08 SAN RAFAEL CITY COUNCIL AGENDA REPORT Department: Public Works / Director of Public Works (SC) Prepared by: A� City Manager Approval: File No. 06.01.194 SUBJECT: REPORT ON BID OPENING AND RESOLUTION AWARDING THE CONTRACT FOR THE "PARKING STRUCTURES REPAIRS 2008" PROJECT, #11120, TO TRUESDELL CORP. IN THE AMOUNT OF $627,627.00. RECOMMENDATION: Adopt resolution. BACKGROUND: The 3rd & Lootens and 5 1 & C St. parking structures are constricted with pre -cast double T -girder members supported by inverted T -bent caps resting on concrete columns. In the fall of 2006 Parking Services staff observed cracking of double T -girder members at both parking strictures. On May 7, 2007, staff advised the City Council of possible structural issues in these City parking structures and of the need to engage a consultant to assess the condition of the City's older parking facilities. Parking Services requested a proposal from Walker Parking Consultants to review the structural damage. On August 20, 2007, the City Council approved a $41,000 contract with Walker Parking Consultants to conduct structural assessments of the 3rd & Lootens and 5th and C St. parking structures and the A St. Parking Garage. On September 21, 2007, based on preliminary consultation with Walker Parking Consultants, the City installed precautionary temporary supports at select pre -cast double T members at the 3rd & Lootens and 5`h & C Street parking structures and blocked off areas beneath damaged upper levels. In December, 2007 Walker Parking Consultants presented a report to the City itemizing structural problems in City parking structures and recommended a series of corrective actions. This proposal was circulated to Public Works and the City Managers office for review and comment. FOR CITY CLERK ONLY File No.: 14-1-604 I Council Meeting: 13Y D r Disposition: ICC501-U jfp,U -K 12ss;S Pate 2 On March 17, 2008 the City Council approved an $111,250 sole -source contract with Walker Parking Consultants to develop construction drawings, provide assistance during the bidding phase and to provide construction management services during construction. Walker Parking Consultants submitted draft construction specifications in May 2008, which Public Works staff reviewed and amended. The "Parking Structures Repairs 2008" project was bid by Public Works on June 23, 2008. Bids were opened on July 31, 2008. Also in July, Public Works retained Weir/Andrewson Associates, Inc., a local engineering firm, to conduct a peer review of the Walker Parking Consultants construction plans. Weir/Andrewson confirmed that the Walker design would resolve the deficiencies related to the 12 spalled (cracked) T -girders. The project is scheduled to be completed within 75 working days which will be late December 2008. The work has been phased so that removal of temporary supports will be one of the first orders of work and "concrete topping" to the upper deck of 3rd & Lootens and 5`h & C street will be completed prior to Thanksgiving. ANALYSIS: The "Parking Structures Repairs 2008" project will repair the existing double T -girder deficiencies at the 3 & Lootens and 5`h and C St. structures and will include other miscellaneous repairs at those facilities. The contractor will undertake miscellaneous repairs at the A St. garage as well. The following is a list of the Engineer's Estimate and the bids received: Engineer's Estimate $815,870 1. Truesdell Corporation 627,627.00 2. Giampolini & Co. 646,765.00 3. Fibrwrap Construction Inc 774,766.06 4. F.D. Thomas Incorporated 794,220.00 5. Slater Waterproofing Inc 879,554.50 6. Rainbow Waterproofing & Restoration 957,950.00 7. Ashron Construction & Restoration Inc 1,012,092.00 Refer to the attached Bid Summary Sheet for details on Unit and Total Prices of Items. FISCAL IMPACT: The total projected cost for this contract is as follows: Category -Eden Expense Code Amount Note(s) Design/Consultation-01 $152,250.00 Walker Parking Consultants / Weir Andrewson Construction -02 $753,152.40 (Including 20% Contingency) Construction Management -03 $75,364.44 LAN Engineering (Construction Manager & Inspection) 10% Contingency Land Acquisition -04 Site Testing -05 $17,500.00 Furniture and Equipment -06 Supplies and Services -07 Page 3 Personnel -08 Other Elements -99 Total Projected Cost $998,266.84 Funding Source(s) Source Amount Parking Enterprise Fund $998,266.84 Total Available Funds $998,266.84 OPTIONS: Note(s) The City Council may reject all bids, but staff does not recommend this option. The bids reviewed are very competitive. ACTION REQUIRED: Staff recommends that City Council adopt the resolution awarding the "Parking Strictures Repairs 2008" contract to Truesdell Corporation in the amount of $627,627.00. Enclosure (2) 1. Resolution 2. Bid Summary RESOLUTION NO. 12555 REPORT ON BID OPENING AND RESOLUTION AWARDING THE CONTRACT FOR THE "PARKING STRUCTURES REPAIRS 2008" PROJECT, #11120, TO TRUESDELL CORPORATION IN THE AMOUNT OF $627,627.00. WHEREAS, on the 315 day of July, 2008, pursuant to due and legal notice published in the manner provided by law, inviting sealed bids for proposals for the work hereinafter mentioned, as more fully appears from the Affidavit of Publication thereof on file in the office of the City Clerk of the City of San Rafael, California, the City Clerk of said City did publicly open, examine, and declare all sealed bids or proposals for doing the following work in said City, to wit: "PARKING STRUCTURES 2008 REPAIRS PROJECT NO. 11120" in accordance with the plans and specifications therefore on file in the office of said City Clerk; and WHEREAS, the bid of Truesdell Corporation at the unit prices stated in its bid was and is the lowest and best bid for said work and said bidder is the lowest responsible bidder with a bid price of $627,627.00 therefore. NOW, THEREFORE, IT IS HEREBY ORDERED AND RESOLVED that the bid of $627,627.00 and the same is hereby accepted at said unit prices and that the contract for said work and improvements be and the same is hereby awarded to said Truesdell Corporation, at the unit prices mentioned in said bid. RESOLVED FURTHER, that the Mayor and City Clerk of said City be authorized and directed to execute a contract with Truesdell Corporation for said work and to return the bidders bond upon the execution of said contract. RESOLVED FURTHER, that the Director of Public Works is hereby authorized to take any and all such actions and make changes as may be necessary to accomplish the purpose of this resolution. I, ESTHER C. BEIRNE, City Clerk of the City of San Rafael, hereby certify that the foregoing resolution was duly and regularly introduced and adopted at a regular meeting of the Council of said City held on the 18th day of August, 2008, by the following vote, to wit: AYES: COUNCIL MEMBERS: Brockbank, Connolly, Heller, Miller & Mayor Boro NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ' � i�iZ- C • %S -U -(Ru c ESTHER C. 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C O F- W a O' a O a O O a O O " a n a 1 V a u 1 N N N a w 1 I t 7 b t h N Q Q .r-. a a IL N a N n n Q T Tntitled Document Page 1 of 2 I FIF TRUESDELL CORPORATION .�_ �... Am_ . About Us Home Pictoral of Services Recent Projects Products Consultina Services Professional Affiliates About Us Contact Us EmDlovment ODnortunities Truesdell Corporation has built a solid reputation nationwide by providing quality repair, restoration, strengthening, protection and maintenance of concrete structures, from diagnosis to final completion. Since 1975 we have consistently delivered accurate, concrete solutions on more than 6,000 projects. Our valued relationships with suppliers and other engineers allow us to give the best quality, within budget and on time. Our valued employees are professional, highly skilled and well trained. Their dedication and energy rank them among the best in the world. Our employees' desire and ability to deliver impeccable quality and customer service top the list of reasons why Truesdell Corporation continues to grow. With multiple locations in the United States and completed projects in select international markets such as Costa Rica, Malaysia and the Philippines, Truesdell Corporation has the experience and resources to perform quality repairs in almost any corner of the world. Structural Concrete Bonding Carbon Fiber Applications Dry Shotcrete Repairs Cosmetic Patching Secondary Containment Manhole Repairs Facia Repairs Acid Containment Waterproofing Chemical Foam Injection Epoxy Grouting Stitching Hydrodemolition Mission Statement Shot Blasting & Deck Coating Carbodur Carbon Fiber Installation Chemical Foam Grouting Hangar Floors Earthquake Repairs Balcony Repairs Pipe Repairs Testing & Diagnosis Masonry Repairs External Reinforcing Expansion Joints Underlayment Industrial Projects Toppings Precast Repairs Nuclear Power Generator Projects Shotcrete Repairs Waterproof Joints Post Tension Repairs Chemical Resistant Coating Corrosion Repairs Surface Repairs High Rise Repairs Sealers We, the members of the Truesdell team, are committed to offering the foremost concrete repair, restoration, strengthening, protection and maintenance services. We will fulfill the needs of the construction, property management, manufacturing, industrial, transportation and commercial markets. We will build long-term relationships with our customers by listening to, understanding, and exceeding our customer's needs and expectations. We will provide our customers the best, most innovative and efficient repair procedures. We will work together with our customers in an honest, fair and cooperative fashion. We will recruit, and train the best individuals. We are committed to teamwork and we emphasize a respectful, cooperative and caring spirit between all associates. We are committed to a safe work environment. All associates are committed to completing their tasks in an efficient, effective and safe manner. We plan for steady, profitable, growth. We will add new services which correlate with our core business. We will investigate opportunities in new, regional markets. The Truesdell Corporation will operate to build the long-term value of the company. Home Pictorial of Services Recent Proiectsl Products' Consulting Services' Professional Affihntesl About Us l Contact Us Employment Opportumues © Copyright 2003 Truesdell Corporation. All Rights Reserved. http://www.truesdellcorp.com/About%20Us/About%2OUs.htm 8/18/2008 Untitled Document TRUESDELL CORPORATION Page 1 of 3 Home Pictoral of Services Recent Proiects Products Consultina Services Professional Affiliates About Us Contact Us Emolovment Oaoortunities Recent Projects SRP -Horse Mesa Dam River Mountain WTF, Nevada http://www.truesdellcorp.com/Recent%20Projects/Recent%20Projects.htm 8/18/2008 TJntitled Document B Q L 4k ttti sir _ t r.L....... Johnny G. Martinez, WTF West Mission Bay Drive Bridge Retrofit Page 2 of 3 Home I Pictoral of Services $ecent Proiectsl Products) Consulting Services) Professional Affiliates) About Us I Contact Us Employment Ounortunitiea © Copyright 2003 Truesdell Corporation. All Rights Reserved. http://www.truesdellcorp.com/Recent%20Projects/Recent%2OProjects.htm 8/18/2008 SAN RAFAEL CITY COUNCIL ROUTING SLIP INSTRUCTIONS: USE THIS FORM WITH EACH SUBMITTAL OF ORIGINAL CONTRACT, AGREEMENT, ORDINANCE, OR RESOLUTION BEFORE APPROVAL BY COUNCIL/AGENCY. FROM: Andrew J. Preston DATE: 8-18-08 RCC GENDA ITEM NO. 5 DATE OF MEETING: August 18, 2008 ORIGINATING DEPARTMENT: Department of Public Works TITLE OF DOCUMENT: Report to Mayor and City Council and Resolution awarding the Contract for Parking Structures 2008 Repairs, Project No. 11120, to Truesdell Corp. in the amount of $627,627.00. R E��E���E® J9AUG 14 2008 DEPARTMENT HEAD (Signature) CITY ATTORNEY (LOWER HALF OF FORM FOR APPROVALS ONLY) REVIEWED BY CITY MANAGER TO: APPROVED AI PROVED AS COUNCIL AGENDA ITEMI I1 NOT APPROVED I910105F."I'A `A O FORM: V (Si6nature) File No.: 16.01 City of San Rafael • California Form of Contract Agreement for Parking Structures 2008 Repairs, Project No: 11120 This Agreement is made and entered into this 181h day of August 2008 by and between the City of San Rafael (hereinafter called City) and Truesdell Corporation't (hereinafter called Contractor). Witnesseth, that the City and the Contractor, for the considerations hereinafter named, agree as follows: II - Scope of the Work The Contractor hereby agrees to furnish all of the materials and all of the equipment and labor necessary, and to perform all of the work shown on the plans and described in the specifications for the project entitled: Parking Structures 2008 Repairs, Project No: 11120, all in accordance with the requirements and provisions of the Contract Documents as defined in the General Conditions which are hereby made a part of this Agreement. III- Time of Completion (a) The work to be performed under this Contract shall be commenced within five (5) calendar days after the date of written notice by the City to the Contractor to proceed. (b) The work shall be completed within seventy-five (75) working days after the date of such notice and with such extensions of time as are provided for in the General Conditions. IV - Liquidated Damages It is agreed that, if all the work required by the contract is not finished or completed within the number of working days as set forth in the contract, damage will be sustained by the City, and that it is and will be impracticable and extremely difficult to ascertain and determine the actual damage which the City will sustain in the event of and by reason of such delay; and it is therefore agreed that the Contractor will pay to the City, the sum of $1,250 for each and every calendar day's delay in finishing the work in excess of the number of working days prescribed above; and the Contractor agrees to pay said liquidated damages herein provided for, and further agrees that the City may deduct the amount thereof from any moneys due or that may become due the Contractor under the contract. V - The Contract Sum The City shall pay to the Contractor for the performance of the Contract the amounts determined for the total number of each of the units of work in the following schedule completed at the unit price stated. The number of units contained in this schedule is approximate only, and the final payment shall be made for the actual number of units that are incorporated in or made necessary by the work covered by the Contract. Fifth and C St. WORK ITEM DESCRIPTION UNITS QTY PART I: GENERAL REQUIREMENTS / PRELIMINARY MATTERS 1.0 GENERAL REQUIREMENTS 1.1 Project Mobilization L.S 1.2 Concrete Formwork 1.3 Concrete Shores and Reshores 1.4 Concrete Reinforcement 1.5 Temporary Signage UNIT PRICE EXT. Total 1 0 $34,891.50 Incidental Incidental Incidental Incidental AGREEMENT • 1 PART II: CONCRETE FLOOR / CEILING SURFACES $ 2.0 FLOOR SURFACE PREPARATION 0 3.0 CONCRETE FLOOR REPAIR 2 3.1 Floor Repair - Partial Depth / Shallow S.F. 3.2 Floor Repair - Partial Depth / Deep S.F. 3.4 Floor Repair - Curbs / Walks S.F. PART III: STRUCTURAL CONCRETE FRAME REPAIRS $ 3,100.00 1 CONCRETE BEAM AND JOIST 5.0 REPAIR 1 5.1 Beam Repair - Partial Depth / Shallow S.F. 1 5.2 Beam Repair - Partial Depth / Deep S.F. 17.0 CONCRETE WALL REPAIR 1 7.1 I Wall Repair - Partial Depth / Shallow I S.F. 18.0 PRECAST TEE BEAM REPAIR 8.1 Tee Stem Repair - Partial Depth / Shallow EA 8.2 Tee Stem Repair - Partial Depth / Deep EA 1 8.5 Tee Flange Repair - Full Depth S.F. 1 8.8 Tee Stem Repair- Surface Preparation S.F. 8.9 Tee Stem Repair - Externally Bonded FRP System EA PART IV: CRACKS AND JOINTS 11.0 CRACK AND JOINT REPAIR 1 11.1 Seal Cracks and Joints L.F. 11.2 Repair Crack / Joint Sealant L.F. 11.5 Epoxy Injection L.F. 1 11.7 Cove Sealant L.F. PART V: FLOOR SURFACE PROTECTION 15.0 PROTECTIVE SEALER 116.0 TRAFFIC TOPPING 1 16.1 I Traffic Topping - Vehicular I S.F. PART VI: MECHANICAL / ELECTRICAL SYSTEMS 25.0 MECHANICAL - DRAINAGE 1 25.6 I Mechanical - Clean Existing Drains I LS PART VII: ARCHITECTURAL REPAIRS 35.0 BRICK / MASONRY REPAIRS 1 35.2 I Masonry Unit Repair/ Replacement I sf PART VIII: METAL WORK 40.0 CONNECTIONS / BEARINGS 40.2 Shear Connectors EA 1 40.3 Re -weld Shear Connectors EA 1 40.4 Supplemental Bearing Supports EA 145.0 PAINTING 1 45.1 Paint Traffic Markings L.S. 1 45.6 Paint - Stairs EA 45.8 Paint Structural Steel -Collars EA 10 0 $ 1 1,000.00 35 0 $ 2,905.00 2 0 $ 800.00 8 0 $ 1,280.00 I 25 0 $ 4,875.00 10 I I 0 $ 1,620.00 1 0 $ 800.00 3 0 $ 1,650.00 24 0 $ 3,240.00 100 0 $ 3,100.00 1 3 0 $ 5,250.00 1800 0 $11,700.00 1 750 0 $ 4,875.00 250 0 $ 6,250.00 700 0 $ 4,550.00 0 1 16500 I 1 0 $46,200.00 1 I I 0 $ 1,600.00 4 0 $ 800.00 45 0 $33,750.00 10 0 $ 2,500.00 3 0 $ 3,300.00 1 0 $ 3,650.00 2 0 $19,600.00 10 0 $ 4,500.00 0 $204,686.50 5th & C St. TOTALS $204,686.50 AGREEMENT • 2 Third and Lootens St. K UNIT ITEM I DESCRIPTION UNITS I QTY I PRICE I EXT. 1.0 GENERAL REQUIREMENTS 1.1 Project Mobilization L.S. I 1 I I 0 $12,800.00 1.2 Concrete Formwork Incidental 1.3 Concrete Shores and Reshores Incidental 1.4 Concrete Reinforcement Incidental - 1-5 Temporary Signage Incidental 3.0 CONCRETE FLOOR REPAIR 3.2 Floor Repair - Partial Depth / Deep I S.F. I I 35 0 I $ 2,800.00 3.4 Floor Repair - Curbs / Walks S.F. 27 0 $ 3,240.00 PART III: STRUCTURAL CONCRETE FRAME REPAIRS CONCRETE BEAM AND JOIST 5.0 REPAIR 5.1 I Beam Repair - Partial Depth / Shallow I S.F. I 24 I I 0 $ 1,728.00 5.2 Beam Repair - Partial Depth / Deep S.F. 4 0 $ 1,200.00 8.0 PRECAST TEE BEAM REPAIR I 8.1 Tee Stem Repair - Partial Depth / Shallow EA 6 0 $ 1,800.00 I 8.2 Tee Stem Repair - Partial Depth / Deep EA 8 0 $ 4,640.00 8.5 Tee Flange Repair - Full Depth S.F. 64 I 0 $ 8,320.00 8.8 Tee Stem Repair- Surface Preparation S.F. 116 0 $ 3,480.00 8.9 Tee Stem Repair - Externally Bonded FRP System EA 8 0 $14,000.00 11.0 CRACK AND JOINT REPAIR 11.1 Seal Cracks and Joints L.F. 3600 0 $23,400.00 11.2 Repair Crack / Joint Sealant L.F. 1300 0 $ 8,450.00 11.5 Epoxy Injection L.F. 300 0 $ 7,500.00 11.7 Cove Sealant L.F. 1400 0 $ 9,100.00 15.0 PROTECTIVE SEALER 15.1 ( Concrete Sealer - Floors S.F. 800 0 $ 2,400.00 16.0 TRAFFIC TOPPING 16.1 ( Traffic Topping - Vehicular S.F. I 31000 0 $86,800.00 PART VII: MECHANICAL/ ELECTRICAL SYSTEMS 25.0 MECHANICAL - DRAINAGE 25.6 I Mechanical - Clean Existing Drains I LS I 1 I 0 $ 1,600.00 PART IX: METALWORK I 40.0 CONNECTIONS / BEARINGS 40.4 I Supplemental Bearing Supports EA 8 I 0 $ 9,400.00 45.0 PAINTING 45.1 Paint Traffic Markings L.S. 1 0 $ 5,600.00 45.6 Paint Stairs EA 3 0 $39,300.00 45.8 Paint Structural Steel -Collars EA 24 0 $11,760.00 0 $259,318.00 3rd & Lootens TOTALS $259,318.00 AGREEMENT • 3 Third St. Between A+C St. ITEMK DESCRIPTION UNITS QTY. I PRICE UNIT I EXT. PART I: GENERAL REQUIREMENTS / PRELIMINARY MATTERS 1.0 GENERAL REQUIREMENTS 1.1 0 $ 8,160.00 10 Project Mobilization L.S. 1.2 Concrete Formwork $ 1,300.00 1.3 Concrete Shores and Reshores $11,200.00 1.4 Concrete Reinforcement $ 1,500.00 1.5 Temporary Signage $24,000.00 PART II: CONCRETE FLOOR / CEILING SURFACES 3.0 CONCRETE FLOOR REPAIR 3.1 Floor Repair - Partial Depth / Shallow S.F. 3.2 Floor Repair - Partial Depth / Deep S.F. 3.8 Floor Repair - Slab on Grade S.F. PART III: STRUCTURAL CONCRETE FRAME REPAIRS 0 $ 1,080.00 CONCRETE BEAM AND JOIST 0 5.0 REPAIR 0 5.1 1 Beam Repair - Partial Depth / Shallow I S.F. 16.0 CONCRETE COLUMN REPAIR 0 6.1 Column Repair - Partial Depth / Shallow S.F. 6.3 Column Repair - Partial Depth / Shallow @a Roof Level Stubs EA PART IV: CRACKS AND JOINTS 9.0 EXPANSION JOINT EDGE PREPARATION 9.2 Exp Joint Preparation - New Concrete Wash with Blockout L.F. 10.0 EXPANSION JOINT REPAIR AND REPLACEMENT 10.3 I Expansion Joint - Elastomeric Concrete Edged L.F. 11.0 CRACK AND JOINT REPAIR 11.1 Seal Cracks and Joints L.F. 11.2 Repair Crack / Joint Sealant L.F. 11.7 Cove Sealant L.F. PART V: FLOOR SURFACE PROTECTION 13.0 CONCRETE OVERLAY 13.2 Overlay - Latex Modified Concrete S.F. PART VI: BARRIER CABLE SYSTEMS 22.0 REPAIR SYSTEMS 22.3 1 Re -tension Barrier Cables L.S. PART VII: MECHANICAL / ELECTRICAL SYSTEMS 25.0 MECHANICAL - DRAINAGE 25.2 Mechanical - Supplementary Floor Drains EA 25.3 Mechanical - Pipe and Hangers L.F. 25.6 Mechanical - Clean Existing Drains L.S. 1 0 12,800.00 Incidental Incidental Incidental Incidental 120 0 $ 8,160.00 10 0 $ 1,100.00 10 0 $ 1,300.00 80 0 $11,200.00 10 0 $ 1,500.00 7 0 $24,000.00 135 0 $14,850.00 135 0 14,175.00 1400 0 $ 9,100.00 455 0 $ 2,957.50 135 0 $ 1,080.00 600 0 $27,000.00 1 0 $ 3,350.00 1 0 $ 1,800.00 60 0 $ 3,600.00 1 0 $ 5,200.00 AGREEMENT 0 4 PART VIII: ARCHITECTURAL REPAIRS 35.0 BRICK / MASONRY REPAIRS 35.1 CMU - Wall Repairs S. F. 10 0 $ 1,200.00 35.2 Masonry Unit Repair / Replacement L.F. 110 0 $ 4,950.00 36.0 MISCELLANEOUS 36.1 Concrete Parking Stop Replacement EA I 40 I 0 $ 2,800.00 45.0 PAINTING 45.1 Paint Traffic Markings L.S.1 0 $ 7,500.00 45.3 Paint Beams - Elastomeric Coating L.S. 1 0 $ 4,000.00 3rd Between A & C TOTALS 0 $163,622.50 TOTALS -ALL STRUCTURES $627,627.00 VI - Progress Payments (a). On not later than the 6th day of every month the Public Works Department shall prepare and submit an estimate covering the total quantities under each item of work that have been completed from the start of the job up to and including the 25th day of the preceding month, and the value of the work so completed determined in accordance with the schedule of unit prices for such items together with such supporting evidence as may be required by the City and/or Contractor . (b). On not later than the 15th day of the month, the City shall, after deducting previous payments made, pay to the Contractor 90% of the amount of the estimate as approved by the Public Works Department. (c). Final payment of all moneys due shall be made within 15 days after the expiration of 35 days following the filing of the notice of completion and acceptance of the work by the Public Works Department. (d). The Contractor may elect to receive 100% of payments due under the contract from time to time, without retention of any portion of the payment by the public agency, by depositing securities of equivalent value with the public agency in accordance with the provisions of Section 4590 of the Government Code. Such securities, if deposited by the Contractr, shall be valued by the City's Finance Director, whose decision on valuation of the securities shall be final. VII - Acceptance and Final Payment (a) Upon receipt of written notice that the work is ready for final inspection and acceptance, the Engineer shall within 5 days make such inspection, and when he finds the work acceptable under the Contract and the Contract fully performed, he will promptly issue a Notice of Completion, over his own signature, stating that the work required by this Contract has been completed and is accepted by him under the terms and conditions thereof, and the entire balance found to be due the Contractor, including the retained percentage, shall be paid to the Contractor by the City within 15 days after the expiration of 35 days following the date of recordation of said Notice of Completion. (b) Before final payment is due the Contractor shall submit evidence satisfactory to the Engineer that all payrolls, material bills, and other indebtedness connected with work have been paid, except that in case of disputed indebtedness or liens the Contractor may submit in lieu of evidence of payment a surety bond satisfactory to the City guaranteeing payment of all such disputed amounts when adjudicated in cases where such payment has not already been guaranteed by surety bond. (c) The Contractor shall provide a "Defective Material and Workmanship Bond" for 50% of the Contract Price, before the final payment will be made. AGREEMENT • 5 (d) The making and acceptance of the final payment shall constitute a waiver of all claims by the City, other than those arising from any of the following: (1) unsettled liens; (2) faulty work appearing within 12 months after final payment; (3) requirements of the specifications; or (4) manufacturers' guarantees. It shall also constitute a waiver of all claims by the Contractor, except those previously made and still unsettled. (e) If after the work has been substantially completed, full completion thereof is materially delayed through no fault of the Contractor, and the Engineer so certifies, the City shall, upon certificate of the Engineer, and without terminating the Contract, make payment of the balance due for that portion of the work fully completed and accepted. Such payment shall be made under the terms and conditions governing final payment, except that it shall not constitute a waiver of claims. IN WITNESS WHEREOF, City and Contractor have caused their authorized representatives to execute this Agreement the day and year first written above. ATTEST: G - Esther C. Beirne City Clerk ., APP L CITY OF SAN R/AFAEL: Albert oro L Mayor TRUESDELL CORPO .,�G����Q� sem• for x(,(itf AGREEMENT • 6 THE AMERICAN INSTITUTE OF ARCHITECTS AIA Document A312 Performance Bond Bond No. CAC 48219 Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. CONTRACTOR (Name and Address): Truesdell Corporation of California, Inc. 1310 W. 23rd Street Tempe, AZ 85282 OWNER (Name and Address): City of San Rafael 111 Morphew Street San Rafael, CA 94915 SURETY (Name and Principal Place of Business): Merchants Bonding Company (Mutual) 2100 Fleur Drive Des Moines IA 50321-1158 CONTSTRUCTION CONTRACT Date: August 18, 2008 Amount: $627,627.00 Description (Name and Location): Parking Structures 2008 Repairs BOND Date (Not earlier than Construction Contract Date): August 27, 2008 Amount: $627,627.00 Modifications to this Bond: ® None ❑ See Page 3 CONTRACTOR AS PRINCIPAL SURETY Company: (Corporate Seal) Company: (Corporate Sea[) Truesdell Corporation of Calif a Merchants Bonding Company utual) J Ima"Au &a6l'AmA. Signature: Signature: Name an I 'L. �� ��/ �-h f/ Name and Title: MELANIYLEiGV WARNOCK Attorney -In -Fact (Any additional Signatures appear page 3) (FOR INFORMATION ONLY— Name, Address and Telephone) AGENT or BROKER: OWNER'S REPRESENTATIVE (Architect, Engineer or other party) COMPASS INS AGY INC 2002 E OSBORN ROAD PHOENIX, AZ 85016 602-956-7800 AIA DOCUMENT A312 1 PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. • AIA THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W., WASHINGTON, D.C. 20006 A312-1984 I 1 The Contractor and the Surety, jointly and severally, bind themselves, their heirs, executors, administrators, successors and assigns to the Owner for the performance of the Construction Contract, which is incorporated herein by reference. 2 If the Contractor performs the Construction Contract, the Surety and the Contractor shall have no obligation under this Bond, except to participate in conferences as provided in Subparagraph 3.1. 3 If there is no Owner Default, the Surety's obligation under this Bond shall arise after: 3.1 The Owner has notified the Contractor and the Surety at its address described in Paragraph 10 below that the Owner is considering declaring a Contractor Default and has requested and attempted to arrange a conference with the Contractor and the Surety to be held not later than fifteen days after receipt of such notice to discuss methods of per- forming the Construction Contract. If the Owner, the Contractor and the Surety agree, the Contractor shall be allowed a reasonable time to perform the Construction Contract, but such an agreement shall not waive the Owner's right, if any, subsequently to declare a Contractor Default; and 3.2 The Owner has declared a Contractor Default and formally terminated the Contractor's right to complete the contract. Such Contractor Default shall not be declared earlier than twenty days after the Contractor and the Surety have received notice as provided in Subparagraph 3.1; and 3.3 The Owner has agreed to pay the Balance of the Contract Price to the Surety in accordance with the terms of the Construction Contract or to a contractor selected to perform the Construction Contract in accordance with the terms of the contract with the Owner. 4 When the Owner has satisfied the conditions of Paragraph 3, the Surety shall promptly and at the Surety's expense take one of the following actions: 4.1 Arrange for the Contractor, with consent of the Owner, to perform and complete the Construction Contract; or 4.2 Undertake to perform and complete the Con- struction Contract itself, through its agents or through independent contractors; or 4.3 Obtain bids or negotiated proposals from qualified contractors acceptable to the Owner for a contract for performance and completion of the Construction Contract, arrange for a contract to be prepared for execution by the Owner and the contractor selected with the Owner's concurrence, to be secured with performance and payment bonds executed by a qualified surety equivalent to the bonds issued on the Construction Contract, and pay to the Owner the amount of damages as described in Paragraph 6 in excess of the Balance of the Contract Price incurred by the Owner resulting from the Contractor's default; or 4.4 Waive its right to perform and complete, arrange for completion, or obtain a new contractor and with reasonable promptness under the circumstances: After investigation, determine the amount for which it may be liable to the Owner and, as soon as practicable after the amount is determined, tender payment therefore to the Owner; or .2 Deny liability in whole or in part and notify the Owner citing reasons therefore. 5 If the surety does not proceed as provided in Para- graph 4 with reasonable promptness, the Surety shall be deemed to be in default on this Bond fifteen days after receipt of an additional written notice from the Owner to the Surety demanding that the Surety perform its obligations under this Bond, and the Owner shall be entitled to enforce any remedy available to the Owner. If the Surety proceeds as provided in Subparagraph 4.4, and the Owner refuses the payment tendered or the Surety had denied liability, in whole or in part, without further notice the Owner shall be entitled to enforce any remedy available to the Owner. 6 After the Owner has terminated the Contractor's right to complete the Construction Contract, and if the Surety elects to act under Subparagraph 4.1,4.2, or 4.3 above, then the responsibilities of the Surety to the Owner shall not be greater than those of the Contractor under the Construction Contract, and the responsibilities of the Owner to the Surety shall not be greater than those of the Owner under the Construction Contract. To the limit of the amount of this Bond, but subject to commitment by the Owner of the Balance of the Contract Price to mitigation of costs and damages on the Construction Contract, the Surety is obligated without duplication for: 6.1 The responsibilities of the Contractor for cor- rection of defective work and completion of the Con- struction Contract; 6.2 Additional legal, design professional and delay costs resulting from the Contractor's Default, and resulting from the actions or failure to act of the Surety under Paragraph 4; and 6.3 Liquidated damages, or if no liquidated damages are specified in the Construction Contract, actual damages caused by delayed performance or non- performance of the Contractor. 7 The Surety shall not be liable to the Owner or others for obligations of the Contractor that are unrelated to the Construction Contract, and the Balance of the Contract Price shall not be reduced or set off on account of any such unrelated obligations. No right of action shall accrue on this Bond to any person or entity other than the Owner or its heirs, executors, administrators or successors. 8 The Surety hereby waives notice of any change, inclu- ding changes of time, to the Construction Contract or to related subcontracts, purchase orders and other obli- gations. 9 Any proceeding, legal or equitable, under this Bond may be instituted in any court of competent jurisdiction in the location in which the work or part of the work is located and shall be instituted within two years after Contractor Default or within two years after the Contractor ceased working or within two years after the Surety refuses or fails to perform its obligations under this Bond, whichever occurs first. If the provisions of this Paragraph are void or prohibited by law, the minimum period of limitation avail - AIA DOCUMENT A312 • PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. • AIA ® A312-1984 2 THE AMERICAN INSTITUTE OF ARCHITECHTS, 1735 NEW YORK AVE., N.W. WASHINGTON, D.C. 20006 able to sureties as a defense in the jurisdiction of the suit shall be applicable. 10 Notice to the Surety, the Owner or the Contractor shall be mailed or delivered to the address shown on the signature page. 11 When this Bond has been furnished to comply with a statutory or other legal requirement in the location where the construction was to be performed, any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. The intent is that this Bond shall be construed as a statutory bond and not as a common law bond. 12 DEFINITIONS 12.1 Balance of the Contract Price: The total amount payable by the Owner to the Contractor under the Construction Contract after all proper adjustments MODIFICATIONS TO THIS BOND ARE AS FOLLOWS: have been made including allowance to the Contractor of any amounts received or to be received by the Owner in settlement of insurance or other claims for damages to which the Contractor is entitled, reduced by all valid and proper payments made to or on be- half of the Contractor under the Construction Contract. 12.2 Construction Contract: The agreement between the Owner and the Contractor identified on the sig -- nature page, including all Contract Documents and changes thereto. 12.3 Contractor Default: Failure of the Contractor, which has neither been remedied nor waived, to perform or otherwise to comply with the terms of the Construction Contract. 12.4 Owner Default: Failure of the Owner, which has neither been remedied nor waived, to pay the Con- tractor as required by the Construction Contract or to perform and complete or comply with the other terms thereof. (Space is provided below for additional signatures of added parties, other than those appearing on the cover page.) CONTRACTOR AS PRINCIPAL Company: (Corporate Seal) Signature: Name and Title: Address: SURETY Company: Signature: Name and Title: Address: AIA DOCUMENT A312 • PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. • AIA THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W. WASHINGTON, D.C. 20006 (Corporate Seal) A312-1984 3 THE AMERICAN INSTITUTE OF ARCHITECTS NkWii AIA Document A312 Payment Bond Bond No. CAC 48219 Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. CONTRACTOR (Name and Address): Truesdell Corporation of California, Inc. 1310 W. 23rd Street Tempe, AZ 85282 OWNER (Name and Address): City of San Rafael 111 Morphew Street San Rafael, CA 94915 SURETY (Name and Principal Place of Business): Merchants Bonding Company (Mutual) 2100 Fleur Drive Des Moines IA 50321-1158 CONTSTRUCTION CONTRACT Date: August 18, 2008 Amount: $627,627.00 Description (Name and Location): Parking Structures 2008 Repairs BOND Date (Not earlier than Construction Contract Date): August 27, 2008 Amount: $627,627.00 Modifications to this Bond: ❑ None CONTRACTOR AS PRINCIPAL Company: (Corporate Seal) Truesdell Corporation nc. Signature, f��F�rr9 fl— Nam e: .L •n ll��¢, T L (Any additional signatures on page 6) ❑ See Page 6 SURETY Company: (Corporate Seal) Merchants Bonding Company (Mut I) Si nature )X( g Name and Title: MELANIE L IGH W NOC/K Attorney -In -Fact (FOR INFORMATION ONLY— Name, Address and Telephone) AGENT or BROKER: OWNER'S REPRESENTATIVE (Architect, Engineer or other COMPASS INS AGY INC party): 2002 E OSBORN ROAD PHOENIX, AZ 85016 602-956-7800 AIA DOCUMENT A312 • PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. • AIA THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W., WASHINGTON, D.C. 20006 A3112-1984 4 1 The Contractor and the Surety, jointly and severally, bind themselves, their heirs, executors, administrator, successors and assigns to the Owner to pay for labor, materials and equipment furnished for use in the performance of the Construction Contract, which is incorporated herein by reference. 2 With respect to the Owner, this obligation shall be null and void if the Contractor: 2.1 Promptly makes payment, directly or indirectly, for all sums due Claimants, and 2.2 Defends, indemnities, and holds harmless the Owner from all claims, demands, liens or suits by any person or entity who furnished labor, materials or equipment for use in the performance of the Construction Contract, provided the Owner has promptly notified the Contractor and the Surety (at the address described in Paragraph 12) of any claims, demands, liens or suits and tendered defense of such claims, demands, liens or suits to the Contractor and the Surety, and provided there is no Owner Default. 3 With respect to Claimants, this obligation shall be null and void if the Contractor promptly makes payment, directly or indirectly, for all sums due. 4 The Surety shall have no obligation to Claimants under this Bond until: 4.1 Claimants who are employed by or have a direct contract with the Contractor have given notice to the Surety (at the address described in Paragraph 12) and sent a copy, or notice thereof, to the Owner, stating that a claim is being made under this Bond and, with substantial accuracy, the amount of the claim. 4.2 Claimants who do not have a direct contract with the Contractor: .1 Have furnished written notice to the Contractor and sent a copy, or notice thereof, to the Owner, within 90 days after having last per- formed labor or last furnished materials or equipment included in the claim stating, with substantial accuracy, the amount of the claim and the name of the party to whom the mater- ials were furnished or supplied or for whom the labor was done or performed; and .2 Have either received a rejection in whole or in part from the Contractor, or not received within 30 days of furnishing the above notice any communication from the Contractor by which the Contractor has indicated the claim will be paid directly or indirectly; and .3 Not having been paid within the above 30 days, have sent a written notice to the Surety (at the address described in Paragraph 12) and sent a copy, or notice thereof, to the Owner, stating that a claim is being made under this Bond and enclosing a copy of the previous written notice furnished to the Contractor. 5 If a notice required by Paragraph 4 is given by the Owner to the Contractor or to the Surety, that is sufficient compliance. 6 When the Claimant has satisfied the conditions of Paragraph 4, the Surety shall promptly and at the Surety's expense take the following actions: 6.1 Send an answer to the Claimant, with a copy to the Owner, within 45 days after receipt of the claim, stating the amounts that are undisputed and the basis for challenging any amounts that are disputed. 6.2 Pay or arrange for payment of any undisputed amounts. 7 The Surety's total obligation shall not exceed the amount of this Bond, and the amount of this Bond shall be credited for any payments made in good faith by the S u rety. 8 Amounts owed by the Owner to the Contractor under the Construction Contract shall be used for the performance of the Construction Contract and to satisfy claims, if any, under any Construction Performance Bond. By the Contractor furnishing and the Owner accepting this Bond, they agree that all funds earned by the Contractor in the performance of the Construction Contract are dedicated to satisfy obligations of the Contractor and the Surety under this Bond, subject to the Owner's priority to use the funds for the completion of the work. 9 The Surety shall not be liable to the Owner, Claimants or others for obligations of the Contractor that are unrelated to the Construction Contract. The Owner shall not be liable for payment of any costs or expenses of any Claimant under this Bond, and shall have under this Bond no obligations to make payments to, give notices on behalf of, or otherwise have obligations to Claimants under this Bond. 10 The Surety hereby waives notice of any change, including changes of time, to the Construction Contract or to related subcontracts, purchase orders and other obligations. 11 No suit or action shall be commenced by a Claimant under this Bond other than in a court of competent juris- diction in the location in which the work or part of the work is located or after the expiration of one year from the date (1) on which the Claimant gave the notice required by Subparagraph 4.1 or Clause 4.2.3, or (2) on which the last labor or service was performed by anyone or the last materials or equipment were furnished by anyone under the Construction Contract, whichever of (1) or (2) first occurs. If the provisions of this Paragraph are void or prohibited by law, the minimum period of limitation available to sureties as a defense in the jurisdiction of the suit shall be applicable. 12 Notice to the Surety, the Owner or the Contractor shall be mailed or delivered to the address shown on the signature page. Actual receipt of notice by Surety, the Owner or the Contractor, however accomplished, shall be sufficient compliance as of the date received at the address shown on the signature page. AIA DOCUMENT A312 • PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. • AIA ® A312-1984 5 THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W. WASHINGTON, D.C. 20006 13 When this Bond has been furnished to comply with a statutory or other legal requirement in the location where the construction was to be performed, any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. The intent is that this Bond shall be construed as a statutory bond and not as a common law bond. 14 Upon request by any person or entity appearing to be a potential beneficiary of this Bond, the Contractor shall promptly furnish a copy of this Bond or shall permit a copy to be made. 15 DEFINITIONS 15.1 Claimant: An individual or entity having a direct contract with the Contractor or with a subcontractor of the Contractor to furnish labor, materials or equipment for use in the performance of the Contract. MODIFICATIONS TO THIS BOND ARE AS FOLLOWS: Section 6 is modified by adding section 6.3. The intent of this Bond shall be to include without limitation in the terms "labor, materials or equipment" that part of water, gas, power, light, heat, oil, gasoline, telephone service or rental equipment used in the Construction Contract, architectural and engineering services required for performance of the work of the Contractor and the Contractor's subcontractors, and all other items for which a mechanic's lien may be asserted in the jurisdiction where the labor, materials or equipment were furnished. 15.2 Construction Contract: The agreement between the Owner and the Contractor identified on the signature page, including all Contract Documents and changes thereto. 15.3 Owner Default: Failure of the Owner, which has neither been remedied nor waived, to pay the Contractor as required by the Construction Contract or to perform and complete or comply with the other terms thereof. 6.3 The Surety's failure to discharge its obligations under this Section 6 shall not be deemed to constitute a waiver of defenses the Surety or Contractor may have or acquire as to a claim. However, if the Surety fails to discharge its obligations under this Section 6, the Surety shall indemnify the Claimant for the reasonable attorney's fees the Claimant incurs to recover any sums found to be due and owing to the Claimant. (Space is provided below for additional signatures of added parties, other than those appearing on the cover page.) CONTRACTOR AS PRINCIPAL Company: (Corporate Seal) Signature: Name and Title: Address: SURETY Company: Signature: Name and Title: Address: AIA DOCUMENT A312 • PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. • AIA® THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W. WASHINGTON, D.C. 20006 (Corporate Seal) A312-1984 6 Merchants Bonding Company (Mutual) POWER OF ATTORNEY Bond#: CAC 48219 Know All Persons By These Presents, that the MERCHANTS BONDING COMPANY (MUTUAL), a corporation duly organized under the laws of the State of Iowa, and having its principal office in the City of Des Moines, County of Polk, State of Iowa, hath made, constituted and appointed, and does by these presents make, constitute and appoint MELANIE LEIGH WARNOCK of PHOENIX and State of AZ its true and lawful Attorney -in -Fact, with full power and authority hereby conferred in its name, place and stead, to sign, execute, acknowledge and deliver in its behalf as surety any and all bonds, undertakings, recognizances or other written obligations in the nature thereof, subject to the limitation that any such instrument shall not exceed the amount of: TEN MILLION ($10,000,000.00) DOLLARS and to bind the MERCHANTS BONDING COMPANY (MUTUAL) thereby as fully and to the same extent as if such bond or undertaking was signed by the duly authorized officers of the MERCHANTS BONDING COMPANY (MUTUAL), and all the acts of said Attorney -in -Fact, pursuant to the authority herein given, are hereby ratified and confirmed. This Power -of -Attorney is made and executed pursuant to and by authority of the following Amended Substituted and Restated By - Laws adopted by the Board of Directors of the MERCHANTS BONDING COMPANY (MUTUAL) on November 16, 2002. ARTICLE ll, SECTION 8 - The Chairman of the Board or President or any Vice President or Secretary shall have power and authority to appoint Attorneys -in -Fact, and to authorize them to execute on behalf of the Company, and attach the Seal of the Company thereto, bonds and undertakings, recognizances, contracts of indemnity and other writings obligatory in the nature thereof. ARTICLE Il, SECTION 9 - The signature of any authorized officer and the Seal of the Company may be affixed by facsimile to any Power of Attorney or Certification thereof authorizing the execution and delivery of any bond, undertaking, recognizance, or other suretyship obligations of the Company, and such signature and seal when so used shall have the same force and effect as though manually fixed. In Witness Whereof, MERCHANTS BONDING COMPANY (MUTUAL) has caused these presents to be signed by its President and its corporate seal to be hereto affixed, this 1st day of January , 2008 . .• OWN13 C0* 0o?DE1P0.9.•oy. dt 1933 s' STATE OF IOWA COUNTY OF POLK ss. MERCHANTS BONDING COMPANY (MUTUAL) By/ -t -Z7 77� President On this I St day of January , 2008 before me appeared Larry Taylor, to me personally known, who being by me duly sworn did say that he is President of the MERCHANTS BONDING COMPANY (MUTUAL), the corporation described in the foregoing instrument, and that the Seal affixed to the said instrument is the Corporate Seal of the said Corporation and that the said instrument was signed and sealed in behalf of said Corporation by authority of its Board of Directors. In Testimony Whereof, I have hereunto set my hand and affixed my Official Seal at the City of Des Moines, Iowa, the day and year first above written. CINDY SMYTH Commission Number 173504 ow' My Commission Expires March 16, 2009 Notary Public, Polk County, Iowa STATE OF IOWA COUNTY OF POLK ss. I, William Warner, Jr., Secretary of the MERCHANTS BONDING COMPANY (MUTUAL), do hereby certify that the above and foregoing is a true and correct copy of the POWER-OF-ATTORNEY executed by said MERCHANTS BONDING COMPANY (MUTUAL), which is still in full force and effect and has not been amended or revoked. In Witness Whereof, I have hereunto set my hand and affixed the seal of the Company on this 27th day of August , 2008 . • • • • •. • 16I / POA 0005 (1/06) •.�O\%AU Co, A. •ca -o- R' : y 1933 c; A. •...... Secretary Company Profile fii a"�1 - � J�1rIJ' ►Jr" 1;��1�i,9i1� Company Profile Company Search Company Search Results Company Information Old Company Names Agent for Service Reference Information NAIC Group List Lines of Business Company Performance & Comparison Data Financial Statements PDF's Annual Statements Quarterly Statements CA Supplements Company Complaint Company Enforcement Action Composite Complaints Studies Additional Info Find A Company Representative In Your Area Financial Rating Organizations View Financial Disclaimer COMPANY PROFILE Company Information MERCHANTS BONDING COMPANY (MUTUAL) 2100 FLEUR DRIVE DES MOINES, IA 50321-1158 800-678-8171 Old Company Names back to top Agent For Service JERE KEPRIOS C/O CT CORPORATION SYSTEM 818 WEST SEVENTH STREET, 2ND FLOOR LOS ANGELES CA 90017 back to top Reference Information I NAIC #: California Company ID r: Date Authorized in California License Status: Company Type: 1 State of Domicile: back to top NAIC Group List NAIC Group r back to top Effective Date 1114494 2482-8 01/27/1982 UNLIMITED -NORMAL Property & Casualty IOWA 3479 Merchants Bonding Co Grp Lines Of Business The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms, please refer to the glossary. LIABILITY MISCELLANEOUS SURETY back to top 2008 California Department of Insurance Page 1 of 1 http ://interactive.web. insurance. ca. gov/comp anyprofile/comp anypro file?event=companyPro... 9/8/2008 Best's Rating Center - Compal— hiformation for Merchants Bonding C-1pany (Mutual) Page 1 of 1 kaull'A Member Benefits Rating Center ) View Ratings: Financial Strength Issuer Credit Securities Advanced Search Other Web Centers: Select One Rating Methodology _ Industry Research Ratings Definitions Merchants Bonding Company (Mutual) LJ Print this page Search Bests Ratings I (a member of Merchants Bondinu Co IMuhran Group) This rating is assigned to Rmncial Strength Rating A.M.Best #: 00594 NAIC #: 14494 FEIN #: 420410010 companies that have, in our I Press Releases I opinion, an excellent ability to eEST Address2100 Fleur Drive Phone: 515-243-8171 meet their ongoing obligations i A Excellent . Related Products ►) Des Moines, IA 50321- Fax: 515-243-3854 to policyholders. Industry & Regional I 1158 Web: www.merchantsbondino.com Country Risk Best's Ratings Structured Finance (How to Get Rated I Financial Strength Ratings view Definitions Issuer Credit Ratings View Definitions Contact an Analyst Rating: A (Excellent) Long -Term: a Affiliation Code: g (Group) Outlook: Stable Financial Size Category: VII ($50 Million to $100 Million) Action: Affirmed Outlook: Stable Date: July 09, 2008 15v5MOM Action: Affirmed Effective Date: July 09, 2008 Insurers Denotes Under Review Best's Ratinos BEST Reports and News r.. Visit our NewsRoom for the latest news and Dress releases for this company and its A.M. Best Group. AMB Credit Renort - Insurance Professional lUnabridned) (formerly known as Best's Company Report) - includes Best's Financial Strength Rating and rationale along with comprehensive analytical commentary, detailed %05dersta Ind Ing• business overview and key financial data. est's Ratingsf Report Revision Date: 07/16/2008 (represents the latest significant change). Business Value & Historical Reports are available in AMB Credit Report - Insurance Professional (Unabridged) Archive. Best's Executive Summary Reports (Financial Overview) - available in three versions, these presentation Y' style reports feature balance sheet, income statement, key financial performance tests including profitability, liquidity and reserve analysis. Data Status: 2008 Best's Statement File - P/C, US. Contains data compiled as of 9/4/2008 (Quality Cross Checked). • Single Company - five years of financial data specifically on this company. • Comparison - side-by-side financial analysis of this company with a peer group of up to five other companies you select. • Cgmposite - evaluate this company's financials against a peer group composite. Report displays both the average and total composite of your selected peer group. AMB Credit Renort - Business Professional - provides three years of key financial data presented with colorful charts and tables. Each report also features the latest Best's Ratings, Rating Rationale and an excerpt from our Business Review commentary. Data Status: Contains data compiled as of 9/4/2008 (Quality Cross Checked). Best's Kev Ratina Guide Presentation Report - includes Best's Financial Strength Rating and financial data as provided in Best's Key Rating Guide products. Data Status: 2007 Financial Data (Quality Cross Checked). Financial and Analytical Products Best's Property/Casualty Center- Premium Data & Reports Best's Kev Ratina Guide - P/C. US & Canada Best's Statement File - P/C. US Best's Statement File - Global Best's Insurance ReDorts - P/C. US & Canada Best's State Line - P/C. US Best's Insurance Expense Exhibit (IEE) - P/C. US Best's Schedule F (Reinsurance) - P/C. US Best's Schedule D (Common Stocks] - US Best's Schedule D (Preferred Stocks) - US Best's Schedule P (Loss Reserves) - P/C. US Best's Schedule D - Hvbrid - P/C & L/H. US Best's Schedule D (Corporate Bonds) - US Customer Service I Product Suoport Member Center Contact Info Careers` About A.M. Best I Site Ma D I Privacv Policv I Security I Terms of Use I Legal & Licensing Copyright© 2008 A.M. Best Company, Inc. All rights reserved. A.M. Best Worldwide Headquarters, Ambest Road, Oldwick, New Jersey, 08B58, U.S.A. http://www3.ambest.comlratingsIFullProfile.asp?Bl= 0&AMBNum=594&A1tSrc=1 &A1tNu... 9!8/2008 ACORD CERTIFICAI >L OF LIABILITY INSURANCL OF ID MF 1 DATE(MM/DD/YYYY) TRUES-1 08/27/08 PRODUCER THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE Webb 6 Greer Ins Agency, Inc. HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR 301 W Warner Rd #113 ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. Tempe AZ 85284 Phone:480-820-4040 Fax:480-730-1191 INSURERS AFFORDING COVERAGE NAIC# INSURED INSURER A: Seabright Insurance Co. 15563 Truesdell Corporation of I INSURER B: Travelers Property casualty 36161 California, Inc. Attn: Nancy Mackowiak INSURER C: Navigator Insurance Co. � g 42307 1310 W. 23rd Street INSURER D: Travelers Indemnity Co 25658 Tempe AZ 85282-1837 INSURER E: COVERAGES THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSN RUU- LTR NSR TYPE OF INSURANCE POLICY NUMBER POLICY EFFECTIVE POLICY EXPIRATION DATE (MM/DD/YY) DATE (MM/DD/YY) LIMITS GENERAL LIABILITY EACH OCCURRENCE $1,000,000 D X COMMERCIAL GENERAL LIABILITY 0943C781IND07 11/01/07 11/01/0$ PPREMISES(Ea occurence) $ 500, 000 = CLAIMS MADE 7 OCCUR I MED EXP (Any one person) $5,000 PD Deduct I PERSONAL&ADV INJURY $1,000,000 $10,000 I GENERAL AGGREGATE s2,000,000 GEN'L AGGREGATE LIMIT APPLIES PER- I PRODUCTS - COMP/OP AGG s2,000,000 POLICY n F-1 LOC JECT AUTOMOBILE LIABILITY COMBINED SINGLE LIMIT $1,000,000 B X ANY AUTO 8100943C781TIL07 11/01/07 11/01/08 (Ea accident) ALL OWNED AUTOS BODILY INJURY $ SCHEDULED AUTOS (Per person) X HIRED AUTOS BODILY INJURY $ X NON-OWNED AUTOS (Per accident) PROPERTY DAMAGE $ (Per accident) GARAGE LIABILITY AUTO ONLY - EA ACCIDENT $ ANY AUTO OTHER THAN FA ACC AUTO ONLY: $ AGG $ EXCESS/UMBRELLALIABILITY EACH OCCURRENCE $10,000,000 C X X ]OCCUR CLAIMSMADE SF07UMB415616NV 11/01/07 11/01/08 AGGREGATE $10,000,000 DEDUCTIBLE $ X RETENTION $10,000 $ WORKERS COMPENSATION ANDX ITIH- ORY LIMITS IuER A EMPLOYERS' LIABILITY BB1081502 07/26/0$ 07/26/09 I E.L. EACH ACCIDENT $1,000,000 ANY PROPRIETORWARTNER/EXECUTIVE OFFICER/MEMBEREXCLUDED? E.L. DISEASE -EA EMPLOYEE $1,000,000 It yyes, describe under SPEC,ALPROVISIONS below E.L. DISEASE-POLICY LIMIT $1,000,000 OTHER DESCRIPTION OF OPERATIONS / LOCATIONS + VEHICLES / EXCLUSIONS ADDED BY ENDORSEMENT / SPECIAL PRO ASTONS RE: Public Works contract: Parking Structures 2008 Repairs - Project #11120 City of San Rafael, its officers, agents and employees are additional insureds for general liability per form CGD246 8/05 CERTIFICATE HOLDER CANCELLATION CITYS42 SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, THE ISSUING INSURER WILL ENDEAVOR TO MAIL 30 DAYS WRITTEN City of San Rafael NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT, BUT FAILURE TO DO SO SHALL Dept of Public Works IMPOSE NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE INSURER, ITS AGENTS OR PO Box 151560 San Farael CA 94915-1560 REPRESENTATIVES. ACORD 25 (2001/08) AUT(�D-REPRF$ENTATM 1*ze_� / ff//119,/,/�,II.`'�j ( (�© ACORD CORPORATION 1988 IMPORTANT If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must be endorsed. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). DISCLAIMER The Certificate of Insurance on the reverse side of this form does not constitute a contract between the issuing insurer(s), authorized representative or producer, and the certificate holder, nor does it affirmatively or negatively amend, extend or alter the coverage afforded by the policies listed thereon. ACORD 25 (2001/08) POLICY# 0943C781IND07 COMMERCIAL GENERAL LIABILITY THiS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY BLANKET ADDITIONAL INSURED (CONTRACTORS) This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART 1. WHO IS AN INSURED — (Section II) is amended to include any person or organization that you agree in a "written contract requiring insurance" to include as an additional insured on this Cover- age Part, but: a) Only with respect to liability for "bodily injury", "property damage" or "personal injury'; and b) If, and only to the extent that, the injury or damage is caused by acts or omissions of you or your subcontractor in the performance of "your work" to which the "written contract requiring insurance" applies. The person or organization does not qualify as an additional insured with respect to the independent acts or omissions of such person or organization. 2, The Insurance provided to the additional insured by this endorsement is limited as follows: a) In the event that the Limits of Insurance of this Coverage Part shown in the Declarations exceed the limits of liability required by the 'Written contract requiring insurance", the in- surance provided to the additional insured shall be limited to the limits of liability re- quired by that "written contract requiring in- surance". This endorsement shall not in- crease the limits of insurance described in Section III — Limits Of Insurance. b) The insurance provided to the additional in- sured does not apply to "bodily injury", "prop- erty damage" or "personal injury" arising out of the rendering of, or failure to render, any professional architectural, engineering or sur- veying services, including: i. The preparing, approving, or failing to prepare or approve, maps, shop draw- ings, opinions, reports, surveys, field or- ders or change orders, or the preparing, approving, or failing to prepare or ap- prove, drawings and specifications; and ii. Supervisory, inspection, architectural or engineering activities. c) The insurance provided to the additional in- sured does not apply to "bodily injury" or "property damage" caused by "your work" and included in the "products -completed op- erations hazard" unless the "written contract requiring insurance" specifically requires you to provide such coverage for that additional insured, and then the insurance provided to the additional insured applies only to such "bodily injury" or "property damage" that oc- curs before the end of the period of time for which the "written contract requiring insur- ance" requires you to provide such coverage or the end of the policy period, whichever is earlier. 3. The insurance provided to the additional insured by this endorsement is excess over any valid and collectible "other insurance", whether primary, excess, contingent or on any other basis, that is available to the additional insured for a loss we cover under this endorsement. However, if the "written contract requiring insurance" specifically requires that this insurance apply on a primary basis or a primary and non-contributory basis, this insurance is primary to "other insurance" available to the additional insured which covers that person or organization as a named insured for such loss, and we will not share with that "other insurance". But the insurance provided to the additional insured by this endorsement still Is excess over any valid and collectible "other in- surance", whether primary, excess, contingent or on any other basis, that is available to the addi- tional insured when that person or organization is an additional insured under such "other insur- ance", 4. As a condition of coverage provided to the additional insured by this endorsement: a) The additional insured must give us written notice as soon as practicable of an "occur- rence" or an offense which may result in a claim. To the extent possible, such notice should include: CG D2 46 08 05 © 2005 The St. Paul Travelers Companies, Inc. 008860 Pagel of 2 COMMERCIAL GENERAL LIABILITY i. How, when and where the 'occurrence" or offense took place; ii. The names and addresses of any injured persons and witnesses; and iii. The nature and location of any injury or damage arising out of the 'occurrence" or offense. b) If a claim is made or "suit" is brought against the additional insured, the additional insured must: i. Immediately record the specifics of the claim or "suit" and the date received; and ii. Notify us as soon as practicable. The additional insured must see to it that we receive written notice of the claim or "suit" as soon as practicable. cj The additional insured must immediately send us copies of all legal papers received in connection with the claim or "suit", cooperate With us in the investigation or settlement of the claim or defense against the "suit', and otherwise comply with all policy conditions. dj The additional insured must tender the de- fense and indemnity of any claim or "suit" to any provider of 'other insurance" which would cover the additional insured for a loss we cover under this endorsement. However, this condition does not affect whether the insur- ance provided to the additional insured by this endorsement is primary to 'other insur- ance" available to the additional insured which covers that person or organization as a named insured as described in paragraph 3. above. S. The following definition is added to SECTION V. — DEFINITIONS: "Written contract requiring insurance" means that part of any written contract or agreement under which you are required to include a person or organization as an additional in- sured on this Coverage Part, provided that the "bodily injury" and "property damage" oc- curs and the "personal injury" is caused by an offense committed: a. After the signing and execution of the contract or agreement by you; b. While that part of the contract or agreement is in effect; and c. Before the end of the policy period. Page 2 of 2 ® 2005 The St. Paul Travelers Companies, Inc. CG D2 46 08 05 Company Profile Company Profile Company Search Company Search Results Company Information Old Company Names Agent for Service Reference Information NAIC Group List Lines of Business Company Performance & Comparison Data Financial Statements PDF's Annual Statements Quarterly Statements CA Supplements Company Complaint Company Enforcement Action Composite Complaints Studies Additional Info Find A Company Representative In Your Area Financial Rating Organizations View Financial Disclaimer COMPANY PROFILE Company Information SEABRIGHT INSURANCE COMPANY 1501 4TH AVENUE, SUITE 2600 SEATTLE, WA 98101 888-636-1580 Old Company Names KEMPER EMPLOYERS INSURANCE COMPANY back to top Agent For Service KAREN HARRIS 2730 GATEWAY OAKS DRIVE SUITE 100 SACRAMENTO CA 95833 back to top Reference Information NAIC #: (California Company ID Y: Date Authorized in California: License Status: Company Type: State of Domicile: back to top NAIC Group List NAIC Group Y: 0000 back to top Effective Date 15563 II4648-2 II08/15/2000 UNLIMITED -NORMAL Property & Casualty ILLINOIS 03/16/2004 Lines Of Business The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms, please refer to the glossary. AUTOMOBILE LIABILITY MARINE WORKERS' COMPENSATION back to top cQ 2008 California Department of Insurance Page 1 of 1 http ://interactive.web. insurance. c a. gov/companyprofile/comp anyprofile? event=comp anyPro... 9/8/2008 Company Profile tm"pi;13i'_ II�f J ri, ]f 11�J�.1' 'ji' 1LJJ� J� NAIC Group List NAIC Group #: 3548 Travelers Grp back to top Lines Of Business The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms, please refer to the glossary. AUTOMOBILE FIRE LIABILITY MARINE MISCELLANEOUS back to top © 2008 California Department of Insurance Page 1 of 1 http://interactive.web. insurance. ca. gov/colilpanyprofile/comp anypro file? event=comp anyPro... 9/8/2008 COMPANY PROFILE Company Profile Company Search Company Information Company Search Results Company TRAVELERS PROPERTY CASUALTY INSURANCE COMPANY Information ONE TOWER SQUARE, 41MN Old Company HARTFORD, CT 06183 Names Agent for Service Old Company Names Effective Date Reference Information AETNA INSURANCE COMPANY 07/01/1997 NAIC Group List Lines of Business back to top Company Performance & Agent For Service Comparison Data KAREN HARRIS Financial Statements 2730 GATEWAY OAKS DRIVE PDF's SUITE 100 Annual Statements SACRAMENTO CA 95833 Quarterly back to top Statements CA Supplements Company Complaint Reference Information Company NAIC #: 36161 Enforcement Action Composite California Company ID #: II3262-3 Complaints Studies Additional Info Date Authorized in California: II 01/07/1991 Find A Company Representative In License Status: II UNLIMITED -NORMAL Your Area Company Type: I Property & Casualty Financial Rating Organizations (State of Domicile: CONNECTICUT View Financial Disclaimer back to top NAIC Group List NAIC Group #: 3548 Travelers Grp back to top Lines Of Business The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms, please refer to the glossary. AUTOMOBILE FIRE LIABILITY MARINE MISCELLANEOUS back to top © 2008 California Department of Insurance Page 1 of 1 http://interactive.web. insurance. ca. gov/colilpanyprofile/comp anypro file? event=comp anyPro... 9/8/2008 Best's Rating Center - Coinparn w Information for SeaBright Insurance Cr—apany n"Member Benefits Rating Center ( ; . �1 View Ratings: Financial Strength Issuer Credit Securities Advanced Search Other Web Centers: Select One Rating Methodology Industry Research Ratings Definitions rI SeaBright Insurance Company jFrintthispage Search Best's Ratings I A.M.Best #: 11755 NAIC #: 15563 FEIN #: 431436329 This rating is assigned to Financial Strength Ratin g Stack Ticker. t1 The Nasdaq Stock Market tisCAQ st;A@ companies that have, In our .. Press Releases opinion, an excellent ability to L E3EST Address: P.O. Box 91100 Phone: 206-269-8500 meet their ongoing obligations Ip. Excellent i Related Products ► Seattle, WA 98111 Fax: 206-269-8904 to policyholders. Industry & Regional I Web: www.sbic.com Country Risk Best's Ratings structured Finance How to Get Rated I Financial Strength Ratings view Definitions Issuer Credit Ratings view Definitions Rating: A- (Excellent) Long -Term: a- Contact an Analyst Financial Size Category: IX ($250 Million to $500 Million) Outlook: Stable Outlook: Stable Action: Affirmed Action: Affirmed Date: April 04, 2008 Effective Date: April 04, 2008 11 Denotes Under Review Best's Ratinos W ' Reports and News 4 BEST Visit our NewsRoom for the latest news and Dress releases for this company and its A.M. Best Group. . rv. • AMB Credit Renort - Insurance Professional (Unabridged) (formerly known as Best's Company Report) - includes Best's Financial Strength Rating and rationale along with comprehensive analytical commentary, detailed ��. business overview and key financial data. r Report Revision Date: 05/02/2008 (represents the latest significant change). ht% Ratings Historical Reports are available in AMB Credit ReDort- Insurance Professional (Unabridoed) Archive. W Best's Executive Summary Reports (Financial Overview) - available in three versions, these presentation ,%-4 style reports feature balance sheet, income statement, key financial performance tests including profitability, liquidity and reserve analysis. Data Status: 2008 Best's Statement File - PIC, US, Contains data compiled as of 914/2008 (Quality Cross Checked). • Sinale Comoanv -five years of financial data specifically on this company. • Comnarison - side-by-side financial analysis of this company with a peer group of up to five other companies you select. • Composite - evaluate this company's financials against a peer group composite. Report displays both the average and total composite of your selected peer group. AMB Credit Renort - Business Professional - provides three years of key financial data presented with colorful charts and tables. Each report also features the latest Best's Ratings, Rating Rationale and an excerpt from our Business Review commentary. Data Status: Contains data compiled as of 9/4/2008 (Quality Cross Checked). Best's Key Ratina Guide Presentation Report - includes Best's Financial Strength Rating and financial data as provided in Best's Key Rating Guide products. Data Status: 2007 Financial Data (Quality Cross Checked). Financial and Analytical Products Best's Propeliv/Casualty Center - Premium Data & Reports Best's Key Rating�Guide - P/C. US -& Canada Best's Statement File - P/C. US Best's Statement File - Global Best's Insurance ReDorts - P/C. US & Canada Best's State Line - P/C. US Best's Insurance Expense Exhibit (IEE) - P/C. US Best's Schedule F (Reinsurance) - P/C, US Best's Schedule D (Municipal Bondsl - US Best's Schedule D (Common Stocks) - US Best's Schedule D (Preferred Stocks) - US Best's Schedule P (Loss Reserves) - P/C. US Best's Schedule D (Corporate Bonds) - US Customer Service I Product Su000rt I Member Center I Contact Info I Careers About A.M. Best I Site Map I Privacv Policv I Security I Terms of Use I Leoal & Licensino Copyright© 2008 A.M. Best Company, Inc. All rights reserved. A.M. Best Worldwide Headquarters, Ambest Road, Oldwick, New Jersey, 08858, U.S.A. Page 1 of 1 littp://www3.ambest.coin/ratings/FullProfile.asp?B1=0&AMBNum=11755&A1tSrc=l &Alt... 9/8/2008 Company Profile i rfa� Li"►lirl NAIC Group List NAIC Group #: 3548 Travelers Grp back to top Lines Of Business The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms, please refer to the glossary. AUTOMOBILE FIRE LIABILITY MARINE MISCELLANEOUS back to top © 2008 California Department of Insurance Page 1 of 1 http interactive.web.insurance.ca.gov/companyprofile/companyprofllc?event=companyPro... 9/8/2008 COMPANY PROFILE Company Profile Company Search Company Information Company Search Results Company TRAVELERS PROPERTY CASUALTY INSURANCE COMPANY Information ONE TOWER SQUARE, 4MN Old Company HARTFORD, CT 06183 Names Agent for Service Old Company Names Effective Date Reference Information AETNA INSURANCE COMPANY 07/01/1997 NAIC Group List Lines of Business back to top Company Performance & Agent For Service Comparison Data KAREN HARRIS Financial Statements 2730 GATEWAY OAKS DRIVE PDF's SUITE 100 Annual Statements SACRAMENTO CA 95833 Quarterly back to top Statements CA Supplements Company Complaint Reference Information Company NAIC w: 36161 Enforcement Action Composite California Company ID m: 3262-3 Complaints Studies Additional Info Date Authorized in California: 01/07/1991 Find A Company Representative In License Status: UNLIMITED -NORMAL Your Area Company Type: Property & Casualty Financial Rating Organizations State of Domicile: CONNECTICUT View Financial Disclaimer back to top NAIC Group List NAIC Group #: 3548 Travelers Grp back to top Lines Of Business The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms, please refer to the glossary. AUTOMOBILE FIRE LIABILITY MARINE MISCELLANEOUS back to top © 2008 California Department of Insurance Page 1 of 1 http interactive.web.insurance.ca.gov/companyprofile/companyprofllc?event=companyPro... 9/8/2008 Best's Rating Center - Compar+- information for Travelers Property Cas-11ty Insurance Co Industry Research Ratings Definitions r Search Best's Ratings Press Releases Related Products 01 Industry & Regional Country Risk Structured Finance How to Get Rated Contact an Analyst for Secure -Rated Insurers �,,, Find Out More Is: Financial Strenath Issuer Credit Securities Advanced Search Other Web Centers: Select One Travelers Property Casualty Insurance Co CQ Print this page (a member of Travelers Grnuo) This rating Is assigned to Financial Strength Rating': A.M.Best 0: 11027 NAIC p: 36161 FEIN p: 061266274 companies that have, in our Stock Ticker: New York Stock Exchange NYSE TRV opinion, a superior ability to '.BEST Phone:860-277-0111 meet their ongoing obligations A+ SUpOtier_ _] Address: One Tower Square to policyholders. — Hartford, CT 06183 Fax: 860-277-7002 Web: wwwAravelers.com Best's Ratings Financial Strength Ratings View Definitions Issuer Credit Ratings view Definitions Rating: A+ (Superior) Long -Term: aa - Affiliation Code: g (Group) Outlook: Stable Financial Size Category: XV ($2 Billion or greater) Action: Affirmed Outlook: Stable Date: June 03, 2008 Action: Affirmed Effective Date: June 03, 2008 Denotes Under Review Best's Ratinas Reports and News Visit our NewsRoom for the latest news and Dress releases for this company and its A.M. Best Group. AMB Credit Report - Insurance Professional (Unabridged). (formerly known as Best's Company Report) - includes Best's Financial Strength Rating and rationale along with comprehensive analytical commentary, detailed business overview and key financial data. Report Revision Date: 07/03/2008 (represents the latest significant change). Historical Reports are available in AMB Credit Reoort- Insurance Professional (Unabridged) Archive. Best's Executive Summary Reports (Financial Overview) - available in three versions, these presentation style reports feature balance sheet, income statement, key financial performance tests including profitability, liquidity and reserve analysis. Data Status: 2008 Best's Statement File - P/C, US. Contains data compiled as of 9/4/2008 (Quality Cross Checked). • Single Comnanv - five years of financial data specifically on this company. • Comparison - side-by-side financial analysis of this company with a peer group of up to five other companies you select. • Composite - evaluate this company's financials against a peer group composite. Report displays both the average and total composite of your selected peer group. _ AMB Credit Reoort - Business Professional - provides three years of key financial data presented with 1+" colorful charts and tables. Each report also features the latest Best's Ratings, Rating Rationale and an excerpt from our Business Review commentary. Data Status: Contains data compiled as of 9/4/2008 (Quality Cross Checked). Best's Kev Ratina Guide Presentation Reoort - includes Best's Financial Strength Rating and financial data as provided in Best's Key Rating Guide products. Data Status: 2007 Financial Data (Quality Cross Checked). Financial and Analytical Products Best's Prooertv/Casualty Center- Premium Data & Reoorts Best's Kev Rating Guide - PIC. US & Canada Best's Statement File - PIC. US Best's Statement Fite - Global Best's Insurance Reoorts - P/C. US & Canada Best's State Line - P/C. US Best's Insurance Exoense Exhibit (IEE1 - PIC. US Best's Schedule F (Reinsurancel - P/C. US Best's Schedule D IMunicioal Bondsl - US Best's Schedule P (Loss Reserves) - P/C. US Best's Schedule D (Corporate Bondsl - U$ Customer Service I Product SUDDort I Member Center I Contact Info I Careers About A.M. Best I Site Mao I Privacv Policv I Security I Terms of Use I Leaal & Licensina Copyright © 2008 A.M. Best Company, Inc. All rights reserved. A.M. Best Worldwide Headquarters, Ambest Road, Oldwick, New Jersey, 08858, U.S.A. Page 1 of 1 http://www3.ambest.com/ratings/FullProfile.asp?B1=0&AMBNLim=11027&AltSrc=1 &Alt... 9/8/2008 Company Profile Page 1 of 2 i tAd—I(J31flL'i - -i �Jr" 1i1!J19:iJN NAIC Group List NAIC Group r: 0510 NAVIGATORS GRP INC back to top Lines Of Business The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms, please refer to the glossary. AIRCRAFT AUTOMOBILE BURGLARY FIRE LIABILITY MARINE MISCELLANEOUS http://interactive.web. insurance. ca. gov/comp anyprofile/comp anypro file?event=companyPro... 9/8/2008 COMPANY PROFILE Company Profile Company Search Company Information Company Search Results Company NAVIGATORS INSURANCE COMPANY Information 6 INTERNATIONAL DRIVE, SUITE 100 Old Company RYE BROOK, NY 10573 Names 800-496-2901 Agent for Service Reference Old Company Names Effective Date Information NAIC Group List back to top Lines of Business Company Agent For Service Performance & Comparison Data RAMONA EISEMAN Financial Statements 433 CALIFORNIA STREET PDF's SUITE 620 SAN FRANCISCO CA 94104 Annual Statements Quarterly back to top Statements CA Supplements Reference Information Company Complaint Company NAIC #: 42307 Enforcement Action Composite (California Company ID r: 3119-5 Complaints Studies Date Authorized in California: 10/22/1987 Additional Info Find A Company License Status: I UNLIMITED -NORMAL Representative In Your Area ( Company Type: I Property & Casualty Financial Rating Organizations I State of Domicile: NEW YORK I View Financial Disclaimer back to top NAIC Group List NAIC Group r: 0510 NAVIGATORS GRP INC back to top Lines Of Business The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms, please refer to the glossary. AIRCRAFT AUTOMOBILE BURGLARY FIRE LIABILITY MARINE MISCELLANEOUS http://interactive.web. insurance. ca. gov/comp anyprofile/comp anypro file?event=companyPro... 9/8/2008 Company Profile PLATE GLASS SPRINKLER SURETY back to top Lc) 2008 California Department of Insurance Page 2 of 2 http:iiinteractive.web.insurance. ca. govi comp anyprofile/companyprofile?event=colnpanyPro... 9/8/2008 Best's Rating Center - Coinpar Tnfonnation for Navigators Insurance C 'npany Page 1 of 1 S �w Rating Center View Ratings: Financial Strep th Issuer Cred't S curities Advanced Search Other Web Centers: Select One Rating Methodology Industry Research Ratings Definitions �� Navigators Insurance Company (a —IPrintthispage Search Best's Ratings I (a member or Na—ators Insurance Group) This rating is assigned to Financial Strength Ratify Press Releases I A•M,BesI #: 01a25 NAIC #: 42307 FEIN #: 133136390 companies that have, in our opinion, an excellent ability m Address: Reckson Executive Park, 6 Phone: 914-934-8999 E efis7' meet their ongoing obligations p Fxeallant 1`1 International Drive Fax: 914-934-2355 to polIcyho Related Products lde s. - - Industry & Regional I Rye Brook, NY 10573 Web: www.navci.com Country Risk Best's Ratings Structured Finance How to Get Rated ( Financial Strength Ratings View Definitions Issuer Credit Ratings View Definitions Contact an Analyst Rating: A (Excellent) Long -Term: a+ Affiliation Code: g (Group) Out ook: Stable Financial Size Category: X ($500 Million to $750 Million) Action: Affirmed Outlook: Stable Date: March 28, 2008 Action: Affirmed Effective Date: March 28, 2008 * Denotes Under Review Best's Ratinos BiT Reports and News ,.. Visit our NewsRoom for the latest news and Dress releases for this company and its A.M. Best Group. AMB Credit Report - Insurance Professional (Unabridged) (formerly known as Best's Company Report) - includes Best's Financial Strength Rating and rationale along with comprehensive analytical commentary, detailed 1 it business overview and key financial data. f Report Revision Date: 04/08/2008 (represents the latest significant change). Business Value & Historical Reports are available in AMB Credit Report - Insurance. Professional (Unabridged) Archive. Best's Executive Summary Reports (Financial Overview) - available in three versions, these presentation ;'r' style reports feature balance sheet, income statement, key financial performance tests including profitability, liquidity and reserve analysis. Data Status: 2008 Best's Statement File - P/C, US. Contains data compiled as of 9/4/2008 (Quality Cross Checked). • Single Company -five years of financial data specifically on this company. • Comparison - side-by-side financial analysis of this company with a peer group of up to five other companies you select. • Composite - evaluate this company's financials against a peer group composite. Report displays both the average and total composite of your selected peer group. AMB Credit Renort - Business Professional - provides three years of key financial data presented with colorful charts and tables. Each report also features the latest Best's Ratings, Rating Rationale and an excerpt from our Business Review commentary. Data Status: Contains data compiled as of 9/4/2008 (Quality Cross Checked). Best's Key Rating Guide Presentation Report - includes Best's Financial Strength Rating and financial data . as provided in Best's Key Rating Guide products. Data Status: 2007 Financial Data (Quality Cross Checked). Financial and Analytical Products Best's PropgrtS Cgggalt enter- Premium Data & Reoorts Best's Kev Ratino Guide - P/C. US & Canada Best's Statement File - P/C. US Best's Statement File - Global Best's Insurance Reoorts - PIC. US & Canada Best's State Line - P/C. US Best's Insurance Expense Exhibit (IEE) - P/C. US Best's Schedule F (Reinsurance) -PAC- Best's /P C. US Best's Schedule D (Municipal Bonds) - US Best's Schedule D (Common Stocks) - US Best's Schedule P (Loss Reserves) -P/C US Best's Schedule D - Hybrid - PLC &_L/H. US Best's Schedule D (Coroorate Bonds) - US Customer Service I Product Su000rt I Member Center I Contact Info I Careers About A.M. Best I Site Map I Privacv Policv I Security I Terms of Use I Leoal & Licensing Copyright © 2008 A.M. Best Company, Inc. All rights reserved. A.M. Best Worldwide Headquarters, Ambest Road, Oldwick, New Jersey, 08858, U.S.A. http://www3.ainbest.comlratingsIFullProfile.asp?B1=0&AMBNum=1825&AltSrc=1 &A1tN... 9/8/2008 Company Profile . � r � • 1'r;�I .�� y Jr' L'JijJiflliJ a� Company Profile Company Search Company Search Results Company Information Old Company Names Agent for Service Reference Information NAIC Group List Lines of Business Company Performance & Comparison Data Financial Statements PDF's Annual Statements Quarterly Statements CA Supplements Company Complaint Company Enforcement Action Composite Complaints Studies Additional Info Find A Company Representative In Your Area Financial Rating Organizations View Financial Disclaimer 10TOTMI'MWd7:Ze]*144 Company Information TRAVELERS INDEMNITY COMPANY (THE) ONE TOWER SQUARE, 4MN HARTFORD, CT 06183 860-277-0111 Old Company Names back to top Agent For Service KAREN HARRIS 2730 GATEWAY OAKS DRIVE SUITE 100 SACRAMENTO CA 95833 back to top Reference Information NAIC #: California Company ID #: Date Authorized in California License Status: Company Type: State of Domicile: back to top NAIC Group List NAIC Group # back to top Effective Date 25658 4772-0 II 06/17/2002 UNLIMITED -NORMAL II Property & Casualty 11 CONNECTICUT 3548 Travelers Grp Lines Of Business The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms, please refer to the glossary. AIRCRAFT AUTOMOBILE BOILER AND MACHINERY BURGLARY COMMON CARRIER LIABILITY CREDIT DISABILITY Page 1 of 2 http ://inte,ractive.web. insurance. c a. gov/comp anyprofile/companyprofile? event=comp anyPro ... 9/8/2008 Company Profile FIRE LIABILITY MARINE MISCELLANEOUS PLATE GLASS SPRINKLER SURETY TEAM AND VEHICLE WORKERS' COMPENSATION back to top © 2008 California Department of Insurance Page 2 of 2 http://interactive.web. insurance. ca. govi comp anyprofile/companyprofile?event=companyPro... 9/8/2008 Best's Rating Center - Compar Tnfonnation for Travelers Indenmity C npany Page 1 of 2 Patin Center g i View Ratings: Financial Strength Issuer Credit Securities Advanced Search Rating Methodology Industry Research Ratings Definitions i, I Search Best's Ratings I Press Releases Related Products ►i Industry & Regional Country Risk 1 Structured Finance How to Get Rated I Contact an Analyst for Secure -Rated Insurers Find Out More Travelers Indemnity Company (a member of Travelers Grouo) A.M.Best #: 02520 NAIC #: 25656 FEIN #: 060566050 Stock Ticker. New York Stock Exchange NYSE TRV Address: One Tower Square Hartford, CT 06183 Best's Ratings Phone: 860-277-0111 Fax: 860-277-7002 Web: www.travelers.com Financial Strength Ratings View Definitions Rating: A+ (Superior) Affiliation Code: g (Group) Financial Size Category: XV ($2 Billion or greater) Outlook: Stable Action: Affirmed Effective Date: June 03, 2008 " Denotes Under Review Best's Ratinqs Other Web Centers: Select One QcJ Print this page This rating is assigned to Financial Strength Rating companies that have, In our opinion, a superior ability to :.GEST meet their ongoing obligations A} SUp•dor to policyholders. - .. .— -- Issuer Credit Ratings view Derinitions Long -Term: aa - Outlook: Stable Action: Affirmed Date: June 03, 2008 Reports and News Visit our News Room for the latest news and oress releases for this company and its A.M. Best Group. AMB Credit Resort - Insurance Professional (Unabridged) (formerly known as Best's Company Report) - includes j_ Best's Financial Strength Rating and rationale along with comprehensive analytical commentary, detailed business overview and key financial data. j Report Revision Date: 07/03/2008 (represents the latest significant change). Historical Reports are available in AMB Credit Report - Insurance Professional (Unabridged) Archive. Best's Executive Summary Reports (Financial Overview) - available in three versions, these presentation style reports feature balance sheet, income statement, key financial performance tests including profitability, liquidity and reserve analysis. Data Status: 2008 Best's Statement File - P/C, US. Contains data compiled as of 9/4/2008 (Quality Cross Checked). • Single ComDanv - five years of financial data specifically on this company. • Comparison - side-by-side financial analysis of this company with a peer group of up to five other companies you select. • Composite - evaluate this company's financials against a peer group composite. Report displays both the average and total composite of your selected peer group. AMB Credit Renort - Business Professional - provides three years of key financial data presented with colorful charts and tables. Each report also features the latest Best's Ratings, Ra ting Rationale and an excerpt from our Business Review commentary. Data Status: Contains data compiled as of 9/4/2008 (Quality Cross Checked). Best's Kev Ratina Guide Presentation Renort - includes Best's Financial Strength Rating and financial data as provided in Best's Key Rating Guide products. Data Status: 2007 Financial Data (Quality Cross Checked). Financial and Analytical Products Best's Property/Casualty Center - Prem'u� m Data. 8 Reports Best's Kev Rating Guide - PIC. US & Canada Best's Statement File - PIC. US Best's Statement File - Global Best's Insurance Reports - PIC, US & Canada Best's State Line - PICS US Best's Insurance Expense Exhibit (IEE) - PIC_. US Best's Schedule F.(Reinsurance) - P/C US Best's Schedule D (Municipal Bonds - US Best's Schedule D (Common Stocks) - US Best's Schedule D (Preferred Stocks) - US Best's Schedule P Loss Reserves - P/C US Best's Schedule D - Hybrid - PIC & L/H. US Best's Schedule D Mornorate Bondsl - US http://www3.ambest.coin/ratings/FullProfile.asp?B1=0&AMBNuin=2520&AItSrc=1 &AltN... 9/'8/2008 Best's Rating Center - Comp- Information for Travelers Indemnity C -1pany Page 2 of 2 Customer Service I Product Sup op_rt I Member Center I Contact Info I Careers About A.M. Best I Site Map I Privacv Policv I Security I Terms of Use I Leoal & Licensing Copyright© 2008 A.M. Best Company, Inc. All rights reserved. A.M. Best Worldwide Headquarters, Ambest Road, Oldwick, New Jersey, 08858, U.S.A. http://www3.ambest.com/ratings/FullProfile.asp?B1=0&AMBNwn=2520&A1tSrc=1 &A1tN... 9/8/2008 CA Lic. # 615058, C611D06 HIC A 1310 W. 23rd STREET TEMPE, ARIZONA 85282-1837 FAX (602) 437-1821 August 29, 2008 TRUESDELL CORPORATION OF CALIFORNIA, INC Concrete Repair & Strengthening www.truesdellcorp.com Diane Wachter City of San Rafael 111 Morphew Street San Rafael, CA 94915-1560 Re: Parking Structures 2008 Repairs Project No. 11120 Dear Ms. Wachter: Enclosed you will find an original and two copies of the project agreement along with the Performance and Payment Bonds. Ili:::: �1•�:♦� PHOENIX (602) 437-1711 An original Certificate of Insurance is being mailed to your attention; a copy is hereby attached. Please, do not hesitate to call me if you have any questions. We are looking forward to working with you on this project. Sincerely, Truesdell Corporation of Wisconsin, Inc. A ' - Nancy L. Mackowiak Contract Manager Enclosures Providing Concrete Solutions Since 1975