Bonding Capacity

Everson Construction Group, LLC

For Prequalification Purposes Only

To Whom It May Concern:

This is to advise you that M.E. Wilson Company, LLC dba Waldorff Insurance & Bonding provides bonding for Everson Construction Group, LLC. Their Surety is Nationwide Mutual Insurance Company, which has an A.M. Best Rating of A+ XV and is listed in the Department of the Treasury’s Federal Register with an underwriting limit of $1,545,739,000. The home office address is One West Nationwide Blvd., 1-04-701, Columbus, OH 43215. They are licensed to do business in the State of Florida.

Everson Construction Group, LLC is a financially strong, well-managed company and it is a pleasure to recommend them to you for your consideration. They have an excellent reputation with architects/engineers, owners, subcontractors, and suppliers and are considered to be an exceptional contractor in the area.

At this time, we would not anticipate a problem in bonding our client in the amount of $5,000,000 for a single project or $10,000,000 aggregately. The surety acknowledges that the applicant/builder may be bonded for each phase of the project, with a potential construction cost of up to $4,000,000. The surety reserves the right to perform normal underwriting at the time of any bond request, including, without limitation, prior review and approval of relevant contract documents, bond forms, and project financing.

If you have any questions, please do not hesitate to contact me.

Sincerely,

Benjamin French
Partner