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Finance Committee - Agenda - 1/19/2022 - P29

By dnadmin on Sun, 11/06/2022 - 21:39
Document Date
Thu, 01/13/2022 - 13:22
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 01/19/2022 - 00:00
Page Number
29
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__011920…

Cross

IN S&S U RAN CE

November 1, 2021

City of Nashua — Purchasing Department Administrative Services, Division
229 Main St.
Nashua, N.H. 03060

Re: Schroeder Construction Management, Inc.
2 Townsend West, Unit 3, Nashua, NH 03063
PREQUALIFICATION

Project; Proposal IFB 0779-110321
Waste Line Replacement at the transit Administration Building
Located at; 11 Riverside Street, Nashua, N.H. 03062

To Whom It May Concern:

We have had the pleasure of providing Performance and Payment bonds to Schroeder Construction
Management, Inc. since 2007. Their surety company is Harco National Insurance Company, P.O. Box
10800, Raleigh, NC 27605. Harco National Insurance Company is listed on the Treasury Department

Circular 570,

Their current surety program is $7,500,000 single with an aggregate program of $15,000,000.
Schroeder Construction Management, Inc. is in good standing with Harco National Insurance
Company. Should they be awarded projects for the Commonwealth of Massachusetts, we are ina
position to issue the necessary bonds. These limits are not to be considered an absolute maximum or
minimum program and the Surety reserves the right to review individual projects.

Furthermore, any arrangements for bid, performance or payment bonds is a matter between the
contractor and-Surety and neither we nor the Surety assume any liability to third parties if, for any
reason, the Surety does not execute said bond or bonds.

If you need anything further, please don’t hesitate to contact us.

Very truly yours,

A, ices uf f Meveieete] fee

Susan J Motinsey Place, Attorney-in-fact
Harco National Insurance Company

1100 Elm Street
Manchester, NH 03101
Tel: (603) 669-3218

Fax: (603) 645-4331 “FIAI, Inc tha Cross Insurarice - Manchester is legally organized as a Maine business corprration
WWwW.crossinsurance.com and is separately and focoly manayed and aperatad a3.a wholly owned subsidiary of Cross Finanelal Com, Bangor ME;

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Finance Committee - Agenda - 1/19/2022 - P29

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