Performance and Payment Bond .
A ERICAN101..01BA.
Processing Date: May 23, 2024
Ferreira Construction Co, Inc.
6101 NW 74th Ave
Miami, FL 33166
Surety: Berkshire Hathaway Specialty Insurance Company, United States Fire Insurance
Company
Bond Number: 47-SUR-300088-01-0711 /602-203442-4
Owner: Monroe County Board of County Commissioners- Purchasing Deptartment
Bond Amount: $21,734,258.71
Project:
To Whom it May Concern:
Enclosed you will find the requested performance and payment bond forms in the required
amount covering the above captioned project. As a precaution, please check all dates,
descriptions, names, seals, surety signatures and remember that the appropriate required
contractor's signature as indicated below is necessary.
The invoice for the referenced bond is attached.
Thank you,
AmzrL=a QlobA LLC
American Global LLC
WWW.AMERICANGLOBAL.COM
Twin Lakes ke'Lar o Flood Mitigation Pro•ect, Bond Numbers:Berkshire Hathaway Specialty Insurance Company,47-SUR-300088-01-0711
SECTION 00850 United States Fire Insurance Company,602-2034424
PUBLIC CONSTRUCTION BOND
(Payment and Performance)
BY THIS BOND,We 6101 Ferreira NW74thruction Avenue,Miami,FL 33166 as Principal
Berkshire Hathaway Specialty Insurance Company,1314 Douglas Street,Suite 1400,Omaha,NE 68102
and United States Fire Insurance Company,305 Madison Avenue Morristown,NJ 07960 ,a corporation,as Surety, are
_. Simonton Street,Ke Monroe County
Board o County Commissioners
bound to— West,FL 33040 herein called Owner,in
Hundred Twenty-One Elion Seven Hundred Thirty-Four Thousand Two
the Sum of $mHundredFifty-Eight and 71/100($21,734,25871) ,for payment of which
we bind ourselves,our heirs, personal representatives,successors, and assigns,jointly
and severally.
THE CONDITION OF THIS BOND is that if Principal:
Performs the contract dated ... M ,2024,between Principal and Owner for
construction of: T FLOOD ATIO _ ROJECT
Monroe County,Florida
1. The contract being made a part of this bond by reference,at the times and in the manner prescribed in
the contract; and
2. Promptly makes payments to all claimants,as defined in Section 255.05(1),Florida Statutes,
supplying Principal with labor,materials,or supplies,used directly or indirectly by Principal inthe
prosecution of the work provided for in the contract;and
3. Pays Owner all losses,damages,expenses,costs,and attorney's fees, including appellate proceedings,
that Owner sustains because of a default by Principal under the contract;and
4. Performs the guarantee of all work and materials furnished under the contract for the time specified in
the contract,then this bond is void;otherwise,it remains in full force.
5. Any action instituted by a claimant under this bond for payment must be in accordance with the notice
and time limitation provisions in Sec. 255.05(2)Florida Statues.
6. Any changes in or under the contract documents and compliance or noncompliance with any
formalities connected with the contract or the changes does not affect Surety's obligation underthis
bond.
Dated May 22 2024 Ferreira Construction Co., Inc.
J " dLJ
( <
By__ _ �
Doc#2463571 Bk#3278 Pg#1071 , . A
Recorded 5/30/2024 11:15 ATM Page 1 of 7 Berkshire Hathaway Specialty Insur ce Company
United States Fire Insurance Comp y
Filed and Recorded in Official Records of (Name of Surety), u
MONROE COUNTY KEVIN MADOK,CPA
M is l Mojica, Attorney-;n-Fact
END OF SECTION 00850
10.18.23 PUBLIC CONSTRUCTION BOND 00850-
ACKNOWLEDGEMENT OF CONTRACTOR- IF A CORPORATION
STATE OF_. o, " ( —.
COUNTY OF ) 1 t De
ON THE a DAY OF `�N '� �---� ��Y ME DU SWORN D ME ND DEPOSE AND SAY' THAT
RED-
r OF Ferreira Construction Co, Inc. THE CORPORATION THAT'
� . TO BE KNOWN,WHO, BEING B
IS THE _ i�� �
EXECUTED THE FOREGOING INSTRUMENT, AND ACKNOWLEDGED TO ME THAT SUCH CORPORATION
EXECUTED THE SAME.
IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND AND AFFIXED MY OFFICIAL SEAL, AT MY
OFFICE IN THE ABOVE COUNTY, THE DAY AND YEAR WRITTEN ABOVE. ,,,y���
bY HERN,�O
s
.......� Notary Public...
_ MY COMMISSION i
EXPIRES s-is-2026
.. FLOR• T��•�`
��'''•. M1MB 'A.
nni�euorea,a,
ACKNOWLEDGEMENT OF SURETY COMPANY
STATE OF New Jersey
COUNTY OF Morris
ON THE 22nd DAY OF May, 2024 BEFORE ME PERSONALLY APPEARED Marisol Moica TO ME KNOWN, WHO
BEING BY ME DULY SWORN, DID DEPOSE AND SAY; THAT (S)HE IS THE ATTORNEY-IN-FACT OF Berkshire
Hathaway S ecialfi Insurance Com an Unitetl States Fire Insurance Com an , THE CORPORATIONS THAT
EXECUTED THE FOREGOING INSTRUMENT, AND ACKNOWLEDGED TO ME THAT SUCH CORPORATIONS
EXECUTED THE SAME.
IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND AND AFFIXED MY OFFICIAL SEAL, AT MY
OFFICE IN THE ABOVE COUNTY, THE DAY AND YEAR WRITTEN ABOVE.
, .'
Notary Public
William A.Drayton Jr.
Notary Public
State of New Jersey
My commission expires April 9,2026
47-S U R-300088-01-07 11
Berkshire Har-haway
Specialty Insurame',
Povver
BERKSHIRE HATHAWAY SPECIALTY INSURANCE COMPANY
NATIONAL INDEMNITY COMPANY I NATIONAL LIABILITY&FIRE INSURANCE COMPANY
E
Know all men by these presents,that BERKSHI E HATHAWAY __ _5_ ANCE COMPANY,a corporation existing under
................SPECIALTY IN U
and by virtue of the laws of the State of Nebraska and having an office at One Lincoln Street,23rd Floor,Boston,Massachusetts
Onder
NDEMNITY COMPAY a corporation existing under and bySRtA
f Nebraska and having an
ffice at 3024 Harney Street,Omaha,Nebraska 68131 and NAT! ALLIABILITY&FIRE INSU E COMPANY a corporation existing
and by virtue of the laws of the State of Connecticut and having an office at 100 First amford Place,Stamford,Connecticut 06902
(herQ1of
nafter collectively the"Companies'),pursuant to and by the authority granted as set forth herein,do hereby name,constitute and
appint: L--SJray9qj 1®0 South Jefferson Road Suite
10-1 tb@Afty_0 WhI oanv� their true and lawful attorney(s)-in-fact to make,execute,seal,acknowledge,and
deliver,for and on their behalf as surety and as their act and deed,any and all undertakings,bonds,or other such writings obligatory
in the nature thereof,in pursuance of these presents,the execution of which shall be as binding upon the Companies as if it has been
duly signed and executed by their regularly elected officers in their own proper persons.This authority for the Attorney-in-Fact shall be
limited to the execution of the attached bond(s)or other such writings obligatory in the nature thereof.
In witness whereof,this Power of Attorney has been subscribed by an authorized officer of the Companies,and the corporate seals
of the Companies have been affixed hereto this date of August 24,2023.This Power of Attorney is made and executed pursuant to
and by authority of the Bylaws,Resolutions of the Board of Directors,and other Authorizations of BERKSHIRE HATHAWAY SPECIALTY 12
INSURANCE COMPANY,NATIONAL INDEMNITY COMPANY and NATIONAL LIABILITY&FIRE INSURANCE COMPANY,which are in full
force and effect each reading as appears on the back page of this Power of Attorney,respectively.The following seals of the Companies
and signatures by an authorized officer of the Company may be affixed by facsimile or digital format,which shall be deemed the
equivalent of and constitute the written signature of such officer of the Companies and original seals of the Companies for all
purposes regarding this Power of Attorney,including satisfaction of any signature and seal requirements on any and all undertakings,
bonds,or other such writings obligatory in the nature thereof,to which this Power of Attorney applies. ot
Q
BERKSHIRE HATHAWAY SPECIALTY NATIONAL INDEMNITY COMPANY,
INSURANCE COMPANY, NATIONAL LIABILITY&FIRE INSURANCE COMPANY,
:7
By: By:
David Fields,Executive Vice President David Fields,Vice President U
A FIRE%
VAL A WAL
NOTARY
State of Massachusetts,County of Suffolk,ss:
On this 24th day of August,2023,before me appeared David Fields,Executive Vice President of BERKSHIRE HATHAWAY SPECIALTY
INSURANCE COMPANY and Vice President of NATIONAL INDEMNITY COMPANY and NATIONAL LIABILITY&FIRE INSURANCE COMPANY,
who being duly sworn,says that his capacity is as designated above for such Companies;that he knows the corporate seals of the Ei
Companies;that the seals affixed to the foregoing instrument are such corporate seals;that they were affixed by order of the board of k
directors or other governing body of said Companies pursuant to its Bylaws,Resolutions and other Authorizations,and that he signed E
said instrument in that capacity of said Companies.
�v
[Notary Seal] ar,
A,
JOHN C.SKINNER .Notary Public
kk Job
Al
VkW
MYOW�4k*
1,Ralph Tortorella,the undersigned,Officer of BERKSHIRE HATHAWAY SPECIALTY INSURANCE COMPANY,NATIONAL INDEMNITY
COMPANY and NATIONAL LIABILITY&FIRE INSURANCE COMPANY,do hereby certify that the above and foregoing is a true and correct
copy of the Power of Attorney executed by said Companies which is in full force and effect and has not been revoked.IN TESTIMONY
WHEREOF,see hereunto affixed the seals of said Companies this May 2_2
SURETY
"VAL
SEAL
A Ralph Tortorella,Officer
OVE
BHSIC,NICO&NLF POA(2023)
BERKSHIRE,,,,,HATHAWAY SPECIALTY,,,IINSURANCE,COMPANY(BYLAWS)
ARTICLE V.
CORPORATE ACTIONS
EXECUTION OF DOCUMENTS:
Section 6.(b)The President,any Vice President or the Secretary,shall have the power and authority:
(1) To appoint Attorneys-in-fact,and to authorize them to execute on behalf of the Company bonds and other undertakings,and
(2) To remove at anytime any such Attorney-in-fact and revoke the authority given him.
NATIONAL INDEMNITY COMPANY(BY-LAWS)
Section, 4.Officers.Agents,ano-Employees:
A. The officers shall be a President,one or more Vice Presidents,a Secretary,one or more Assistant Secretaries,a Treasurer,
and one or more Assistant Treasurers none of whom shall be required to be shareholders or Directors and each of whom shall
be elected annually by the Board of Directors at each annual meeting to serve a term of office of one year or until a successor
has been elected and qualified,may serve successive terms of office,may be removed from office at any time for or without
cause by a vote of a majority of the Board of Directors,and shall have such powers and rights and be charged with such duties
and obligations as usually are vested in and pertain to such office or as may be directed from time to time by the Board of
Directors;and the Board of Directors or the officers may from time to time appoint,discharge,engage,or remove such agents
and employees as may be appropriate,convenient,or necessary to the affairs and business of the corporation.
NATIONAL INDEMNITY COMPANY(BOARD RESOLUTION ADOPTED AUGUST 6,2014)
RESOLVED,That the President,any Vice President or the Secretary,shall have the power and authority to(1)appoint Attorneys-
in-fact,and to authorize them to execute on behalf of this Company bonds and other undertakings and(2)remove at any time
any such Attorney-in-fact and revoke the authority given.
NATIONAL LIABILITY,&FIRE INSURANCE COMPANY(BY-LAWS)
ARTICLE IV
Officers
Section 1.Officers Agents and Em r!gyges:
A.The officers shall be a president,one or more vice presidents,one or more assistant vice presidents,a secretary,one or more
assistant secretaries,a treasurer,and one or more assistant treasurers,none of whom shall be required to be shareholders or
directors,and each of whom shall be elected annually by the board of directors at each annual meeting to serve a term of office
of one year or until a successor has been elected and qualified,may serve successive terms of office,may be removed from office
at any time for or without cause by a vote of a majority of the board of directors. The president and secretary shall be different
individuals. Election or appointment of an officer or agent shall not create contract rights. The officers of the Corporation shall
have such powers and rights and be charged with such duties and obligations as usually are vested in and pertain to such office
or as may be directed from time to time by the board of directors;and the board of directors or the officers may from time to
time appoint,discharge,engage,or remove such agents and employees as may be appropriate,convenient,or necessary to the
affairs and business of the Corporation.
NATIONAL LIABI,,,LI„TY_&FIRE INSURANCE COMPANY(BOARD RESOLUTION ADOPTED AUGUST 6,2014)
RESOLVED,That the President,any Vice President or the Secretary,shall have the power and authority to(1)appoint Attorneys-
in-fact,and to authorize them to execute on behalf of this Company bonds and other undertakings and(2)remove at any time
any such Attorney-in-fact and revoke the authority given.
BHSIC,NICO&NLF POA(2023)
POWER OF ATTORNEY
UNITED STATES FIRE INSURANCE COMPANY
PRINCIPAL OFFICE-MORRISTOWN,NEW JERSEY
06446
KNOW ALL MEN BY THESE PRESENTS:That United States Fire Insurance Company,a corporation duly organized and existing under the laws of the
state of Delaware,has made,constituted and appointed,and does hereby make,constitute and appoint:
KrysW L.Stravato,Kevin T.Walsh,Jr.,Thomas MacDonald,Edward Reilly,Marisol Mojica,Jaclyn Thomas,
Andreah Moran,Ryan Gray
each,its true and lawful Attomey(s)-In-Fact,with full power and authority hereby conferred in its name,place and stead,to execute,acknowledge and
deliver:Any and all bonds and undertakings of surety and other documents that the ordinary course of surety business may require,and to bind United States
Fire Insurance Company thereby as fully and to the same extent as if such bonds or undertakings had been duly executed and acknowledged by the
regularly elected officers of United States Fire Insurance Company at its principal office,in amounts or penalties: Unlimited
This Power of Attorney limits the act of those named therein to the bonds and undertakings specifically named therein,and they have no authority to
bind United States Fire Insurance Company except in the manner and to the extent therein stated.
This Power of Attorney is granted pursuant to Article IV of the By-Laws of United States Fire Insurance Company as now in full force and effect,
and consistent with Article III thereof,which Articles provide,in pertinent part:
Article IV,Execution of Instruments-Except as the Board of Directors may authorize by resolution,the Chairman of the Board,President,any
Vice-President,any Assistant Vice President,the Secretary,or any Assistant Secretary shall have power on behalf of the Corporation:
(a) to execute,affix the corporate seal manually or by facsimile to,acknowledge,verify and deliver any contracts,obligations,instruments and
documents whatsoever in connection with its business including, without limiting the foregoing, any bonds, guarantees, undertakings,
recognizances, powers of attorney or revocations of any powers of attorney, stipulations, policies of insurance, deeds, leases, mortgages,
releases,satisfactions and agency agreements;
(b) to appoint,in writing,one or more persons for any or all of the purposes mentioned in the preceding paragraph(a),including affixing the
seal of the Corporation.
Article III, Officers, Section 3.11, Facsimile Signatures. The signature of any officer authorized by the Corporation to sign any bonds,
guarantees, undertakings,recognizances,stipulations,powers of attorney or revocations of any powers of attorney and policies of insurance
issued by the Corporation may be printed, facsimile,lithographed or otherwise produced. In addition, if and as authorized by the Board of
Directors,dividend warrants or checks,or other numerous instruments similar to one another in form,may be signed by the facsimile signature
or signatures,lithographed or otherwise produced,of such officer or officers of the Corporation as from time to time may be authorized to sign
such instruments on behalf of the Corporation. The Corporation may continue to use for the purposes herein stated the facsimile signature of
any person or persons who shall have been such officer or officers of the Corporation,notwithstanding the fact that he may have ceased to be
such at the time when such instruments shall be issued.
IN WITNESS WHEREOF,United States Fire Insurance Company has caused these presents to be signed and attested by its appropriate officer and
its corporate seal hereunto affixed this 15th day of May,2024.
UNITED STATES FIRE INSURANCE COMPANY
MR
Matthew E.Lubin, President
State of New Jersey}
County of Morris )
On this 15th day of May,2024,before me,a Notary public of the State of New Jersey,came the above named officer of United States Fire
Insurance Company,to me personally known to be the individual and officer described herein,and acknowledged that he executed the foregoing
instrument and affixed the seal of United States Fire Insurance Company thereto by the authority of his office.
MEl 183A H.D'AlFS91O
NOTARY RVX OF NEW JER8EY
CanvWulon 0 50125M 1
Melissa H.D'Alessio (Notary Public)
I,the undersigned officer of United States Fire Insurance Company,a Delaware corporation,do hereby certify that the original Power of Attorney of which
the foregoing is a foil,true and correct copy is still in force and effect and has not been revoked.
IN WITNESS WHEREOF,!have hereunto set my hand and affixed the corporate seal of United States Fire Insurance Company on the 22nd day
of MaY 2024
UNITED STATES FIRE INSURANCE COMPANY
Michael C.Fay,Senior Vice President
i
General Correspondence.
BERKSHIRE HATHAWAY SPECIALTY
I NSURANCE COMPANY
1314 Douglas Street, Suite 1400, Omaha, Nebraska 68102-1944
ADMITTED ASSETS*
1213112022 121/3112021
Total invested assets $ 6,702,817,810 $ 5,680,246,430 $ 6,90
Premium&agent balances(net) 690:388,2.45 582,469,494 652,510,359
All other assets 204,404,036 217,334,073 142,765,038
Total Admitted Assets $ 7,597,610,091 $ 6,480,049,997 $ 7,199,459,696
................
LIABILITIES & SURPLUS*
12/3112023 12/31/2022 12/3112021
Loss&loss exp.unpaid $ 11,82.5,674,20 $ 1,495,870,171 $ 1,142,116,028
Unearned premiums 604,899,743 536,797,683 484,6150,143
All other liabilities 1,240,939,865 1,065,221,844 1,163,007,683
Total Liabilities 3,671,513,861 3109118 2L/89-_Ifr
Total Policyholders'Surplus 3,926,096,230 3,382,160,299 4,40,675,842
Total Liabilities&Surplus $ 7,597,610,091 $ 6,480,049,997 $ 7,199,459,696
Assets,liabilities and surplus are presented on a Statutory Accounting Basis as promulgated by the NAIC
and/or the laws of the company's domiciliary state.
UNITED WAMS FIRE INSURANCE COMPAii
NY'
1209 ORANGE&FIUMT,WILN04MM,DIIAWARE 1980 1
,STATEMFNT OF ASSIM,LIABUITIFS,SURPLUS AND(Yr.FI..FR FUNDS
Nr DIAMMBER 3 f.2023
ASSHES
Honds(Armna"md Value)- ............ ........ 1,7X028,698
Preferred Sonks fflaftt .......... ............................... 144-IM,613
Common Socks(madcrk vafue)....... .................... 2,36957%949
Moitpgc Loans(MarketWue), -......... ............ ................. 1.043,090,964
Cwf,h,Cash Equivakonts,and Shon Term Invesummm, 1.71632,698
...................... 14,049,444
Other ,hivesUAaascam,. ....... 508,5467n
Im"iment Incoarm Due and Ammc&.., 31,165,S24
Premionums and ComqicIcmfions-.----........... ...... ....... ....... .531,854,761
run oums Recoymble rrom ............ 937,7411,085
531726,393
Ner,DeFcffcdrax Asset ....... ......... .................... .. ... —... 192,5512,999
Rectronic DataPmces sign g .......-.......... 1,176�732
Receivables ftomPWLat,Subsidiades and ... 59,,017�393
MIN= ...... .......
IWAL AS ...I-..1..�..."..--I..."I.,.--111.,-- ��1964,�
11AHIMIES,SU"LUS&MUM FUNDS
Losses McporwA IA7sws"..oFR6nswzncc Ceded nnd Incurm-d
But Not ReWmd Losses)----.... ....... ...... ....... 2,664,609,947
Reinrumm llw.yabieon Paid U, =.=and Loss Ad.jusmwva Expeflses 75,5W,927
............ ... 432,456,725
rximmissions paygd4l'.11.contingent Commissions and Othef5milar Qwzw, 16,849,866
othry Expamcs(EKcIluding Taxri,111ccam and Fms). .... ........ 9&0,490,333
Taxes,Licemses and lk=(Fxclu6ng Federat Im"me Taxm,).--... ......... ....... 35,48.5,242
Curient Federal ano FamignIrwome T2xcS-----...... ....... 11,452,403
Unearned Pmmium.. -.-....... .......- t,M,52k,178
Advance Pcea6um-.......... .......... 21,919,186
Cc&d Reinsurance Premium Pay-u[Mc., .............. ...... 1:53,400,619
Fun&Held by Guam ny under Rcksurmwr Tmabics-....... ....... 63,328,W8
Amounts WithheJd by Company fm,Amount ...... I 46aM77
Provision fin ............ .................... 1,7(*,282
Payable to PgreaL Subudinfies and Mfiliates-"......... ...... 7.5,wjgw-,
6,98,21
WFAL LIARTUTIES.............. .............-............ S 4.936 79t0,383
cainnum Caphal 18"nsocm,
Gram Paid Kim and Couldbutcd Surplus-...''.-........... ............. ...... I,5UPI,074,940
Uwdmipned Funds .........
Surplus as R.egards ...... 2.11,974 071
S 721tl 64,454
Cunfine FlUtErN SAP RANCE()MPANY,cediry that the foregodag i.s a fair sudepicr1of
Aisets,Liabilities,SuMlus wmd OLhm'•Funds ar this Company,at khe c&m m1buflness,Decwnbcr 31.2dd21,as n-k7wed lby its bocks and n=r&and as mcparte din.4s
swcom-nt on file with the hisurance Department ask the Rate of Ddawmc.
114 IMR,W014Y WHEREOF,I have sa my hmd.wd affimed the aml of the r-ompany,whis 19th day af.March.2024.
U?4rrED,W, A,'rE',S FIRE INS URANCE COMPM Y