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HomeMy WebLinkAbout059535-FP2 - Construction-Related - Contract - NRP Contractors II, LLC-FP2 City Secretary Contract No. 59535 FORT WORTH. Date Received 4/27/2026 AT NOTICE OF PROJECT COMPLETION (Developer Projects) The Transportation and Public Works Department upon the recommendation of the Project Manager has accepted the following project as complete: Project Name: Magnolia Lofts City Project No.: 103621 Improvement Type(s): Water ❑x Sewer ❑x Developer Cost City Cost Total Cost Original Contract Price: Water $170,925.00 $0.00 $170,925.00 Original Contract Price: Sewer $59,920.00 $0.00 $59,920.00 Amended Contract Price: Water * $259,966.72 $87,938.28 $347,905.00 Amended Contract Price: Sewer Amount of Approved Change Order(s): Water Amount of Approved Change Order(s): Sewer Revised Contract Amount: Water Revised Contract Amount: Sewer Total Cost of Work Complete: $319,886.72 $87,938.28 $407,825.00 59535-A1 amended CFA contract 7/31/25 JJ nn Contractor Secretary Title NRP Contractors II, LLC Company Name Project Inspector PrlIojject Manager 1� CFA Manager de.71.. Lauren Prieur (Apr 27. 2026 1032:02 CDT) TPW Director 04/20/2026 Date 04/20/2026 Date 04/23/2026 Date 04/27/2026 Date 04/27/2026 Date OFFICIAL RECORD CITY SECRETARY Page 1 of 2 FT. WORTH, TX Notice of Project Completion Project Name: Magnolia Lofts City Project No.: 103621 City's Attachments Final Pay Estimate ❑x Change Order(s): ❑x Yes ❑ N/A Pipe Report: ❑x Yes ❑ N/A Contractor's Attachments Affidavit of Bills Paid Consent of Surety Statement of Contract Time Contract Time: 75 WD Days Charged: 90 WD Work Start Date: 12/18/2024 Work Complete Date: 1/6/2026 Completed number of Soil Lab Test: 19 Completed number of Water Test: 2 Page 2 of 2 FoRTWORTH CITY OF FORT WORTH FINAL PAYMENT REQUEST Contract Name NRP MAGNOLIA LOFTS Contract Limits Project Type WATER & SEWER City Project Numbers 103621 DOE Number 3621 Estimate Number 1 Payment Number 1 For Period Ending City Secretary Contract Number Contract Date Project Manager NA Contractor NRP CONTRACTORS 11, LLC 15727 ANTHEM PARKWAY, STE 308 SAN ANTONIO, TX 78249 Inspectors M.GLOVER / E.CASTILLO Contract Time Days Charged to Date Contract is 100.00 1 /6/2026 WD 71IJD 90 Complete Wednesday, April 15, 2026 Page 1 of 5 City Project Numbers 103621 Contract Name NRP MAGNOLIA LOFTS Contract Limits Project Type WATER & SEWER Project Funding UNIT I: WATER IMPROVEMENTS DOE Number 3621 Estimate Number I Payment Number I For Period Ending 1/6/2026 Item Description of Items Estimated Unit Unit Cost Estimated Completed Completed No. Quanity Total Quanity Total - - 1 - - - - - - - - - - - - - - - 8"X6" TAPPING SLEEVE AND VALVE - - - - - 3 EA - - - - $4,000.00 - - - - $12,000.00 - - - - 3 - - - - - $12,000.00 2 DUCTILE IRON WATER FITTINGS W/ 2 EA $20,000.00 $40,000.00 2 $40,000.00 RESTRAINT(AMEND) 3 8" GATE VALVE(AMEND) 7 EA $5,000.00 $35,000.00 7 $35,000.00 4 4" WATER METER AND VAULT I EA $75,000.00 $75,000.00 1 $75,000.00 5 1" WATER SERVICE I EA $10,000.00 $10,000.00 1 $10,000.00 6 FIRE HYDRANT 1 EA $6,000.00 $6,000.00 1 $6,000.00 7 6" WATER LINE(AMEND) 124 LF $200.00 $24,800.00 124 $24,800.00 8 4"WATER LINE 23 LF $150.00 $3,450.00 23 $3,450.00 9 ASPHALT PAVEMENT REPAIR, WATER 87 SY $200.00 $17,400.00 87 $17,400.00 SERVICE(AMEND) 10 TRAFFIC CONTROL 1 EA $5,000.00 $5,000.00 1 $5,000.00 11 TRENCH SAFETY 63 LF $25.00 $1,575.00 63 $1,575.00 12 6" GATE VALVE(AMEND) 5 EA $1,500.00 $7,500.00 5 $7,500.00 13 8" PVC WATER PIPE (AMEND) 597 LF $80.00 $47,760.00 597 $47,760.00 14 4"-12" WATER ABANDONMENT PLUG(AMEND) 2 EA $1,760.00 $3,520.00 2 $3,520.00 15 IMPORTED EMBEDMENT/ BACKFILL I CY $4,500.00 $4,500.00 1 $4,500.00 CLSM(AMEND) 16 REMOVE EXISTING GAS LINE(AMEND) 325 LF $5.00 $1,625.00 325 $1,625.00 17 REMOVE 8" WATER VALVE(AMEND) 2 EA $750.00 $1,500.00 2 $1,500.00 18 CONNECTION TO EXISTING 4"-12" WATER 2 EA $12,500.00 $25,000.00 2 $25,000.00 MAIN(AMEND) 19 TRENCH SAFETY(AMEND) 711 LF $25.00 $17,775.00 711 $17,775.00 20 -------------------------------------- 8" WATER LINE GROUTING(AMEND) 8 CY $1,062.50 $8,500.00 8 $8,500.00 Sub-Total of Previous Unit $347,905.00 $347,905.00 UNrr M SANITARY SEWER IMPROVEMENTS Item Description of Items Estimated Unit Unit Cost Estimated Completed Completed No. Quanity Total Quanity Total 1 6" SEWER PIPE 52 LF $175.00 $9,100.00 52 $9,100.00 2 CONNECT TO EX. CONCRETE SS MANHOLE 1 EA $8,000.00 $8,000.00 1 $8,000.00 3 MANHOLE VACUUM TESTING I EA $5,000.00 $5,000.00 1 $5,000.00 4 4' MANHOLE 1 EA $20,000.00 $20,000.00 1 $20,000.00 Wednesday, April 15, 2026 Page 2 of 5 City Project Numbers 103621 Contract Name NRP MAGNOLIA LOFTS Contract Limits Project Type WATER & SEWER Project Funding 5 CONCRETE COLLAR 1 EA 6 POST -CCTV INSPECTION 52 LF 7 TRENCH SAFETY 52 LF 8 ASPHALT PVMT REPAIR, SEWER SERVICE 32 LF Sub -Total of Previous Unit DOE Number 3621 Estimate Number I Payment Number i For Period Ending 1/6/2026 $3,500.00 $3,500.00 $35.00 $1,820.00 $25.00 $1,300.00 $350.00 $11,200.00 $59,920.00 1 $3,500.00 52 $1,820.00 52 $1,300.00 32 $11,200.00 $59,920.00 Wednesday, April 15, 2026 Page 3 of 5 City Project Numbers 103621 Contract Name NRP MAGNOLIA LOFTS Contract Limits Project Type WATER & SEWER Project Funding Contract Information Summary Original Contract Amount Change Orders Change Order Number 1 Total Contract Price DOE Number 3621 Estimate Number I Payment Number I For Period Ending 1/6/2026 $230,845.00 $176,980.00 $407,825.00 Total Cost of Work Completed $407,825.00 Less % Retained $0.00 Net Earned $407,825.00 Earned This Period $407,825.00 Retainage This Period $0.00 Less Liquidated Damages Days @ / Day $0.00 LessPavement Deficiency $0.00 Less Penalty $0.00 Less Previous Payment $0.00 Plus Material on Hand Less 15% $0.00 Balance Due This Payment $407,825.00 Wednesday, April 15, 2026 Page 4 of 5 City Project Numbers 103621 Contract Name NRP MAGNOLIA LOFTS Contract Limits Project Type WATER & SEWER Project Funding Project Manager NA Inspectors M.GLOVER / E.CASTILLO Contractor NRP CONTRACTORS H, LLC 15727 ANTHEM PARKWAY, STE 308 SAN ANTONIO, TX 78249 DOE Number 3621 Estimate Number I Payment Number i For Period Ending 1/6/2026 City Secretary Contract Number Contract Date Contract Time 75 WD Days Charged to Date 90 AD Contract is .000000 Complete CITY OF FORT WORTH SUMMARY OF CHARGES Line Fund Account Center Amount Gross Retainage Net Funded -------------------------------------- Total Cost of Work Completed $407,825.00 Less % Retained $0.00 Net Earned $407,825.00 Earned This Period $407,825.00 Retainage This Period $0.00 Less Liquidated Damages 0 Days @ $0.00 / Day $0.00 LessPavement Deficiency $0.00 Less Penalty $0.00 Less Previous Payment $0.00 Plus Material on Hand Less 15% $0.00 Balance Due This Payment $407,825.00 Wednesday, April 15, 2026 Page 5 of 5 WHEREAS, the City Participation includes reimbursement to Developer in an amount not to exceed $87,938.28 for construction costs. The City is not participating in the cost of construction inspection service fees, administrative material testing service fees, material testing fees, or water lab testing fees; and 3 Section 9 of the CFA is amendment to add subsection (h) which shall be and read as follows: (h) Developer shall ensure the contractors are paid the City's wage rates in effect during construction of the Improvements. 9 Section 36 of the CFA is amended in its entirety to be and read as set forth in Exhibit A of this First Amendment, which is attached hereto and incorporated herein by reference. 5. The CFA is amended to add Section 37, which shall be and read as follows: 37. City Participation; Fiscal Funding Limitation. (a) The City will reimburse Developer for construction costs in an amount not to exceed $87,938.28. The City Participation shall not include any reimbursement to Developer for construction inspection service fees, administrative material testing service fees material testing costs, or water lab testing fees. The City shall reimburse Developer for the City Participation after presentation of proper documentation by Developer to the City that the Improvements have been constructed and accepted by the City and all contractors and material suppliers have been paid. Developer must register as a vendor of the City in order for the City Participation to be paid to Developer. The City Participation was calculated as follows: UNIT I: WATER IMPROVEMENTS- CHANGE ORDER PAY ITEM# CRY BID ITEM # QUANTITY UNIT ITEM OESCRO'TION CFW Unit Price ccn"cko Unit Price Developer COs1 City Cyst TOTAL 3311.0001 2 1 TON Daeele h- Water F.W g. WI Restraint $6,000.00 $2a,000.00 $ 14,00000 $ 6,000.00 S 2,OIID.00 3312.3003 3 5 EA 8" Gt. 11a1- $3,000.00 S5,000.00 S 1000.00 3. 15 000.00 S 25,000.00 3311.0141 7 84 LF 6" Wale, Lune $2aa.00 S 16,80@00 $ 16,00.00 3201 C201 9 10 LF Asphalt P--e Repair, Wale, Service $84.78 $200.00 S 1, 152M $ 847.80 $ 200000 3312.3002 12' 2 EA 6' Gt. VW. S7,5W.W S 3,OOOU0 $ S 3,000.00 3311.0261 13, 597 LF 8" PVC Water Pipe $100.00 $60.00 $ - $ 47,760.M $ 47,760.00 0241.1218 14' 2 EA 47-12" Water Abandonment Plug $500.00 51,76099 S 252000 $ 1,000.00 $ 3,520.OD 3305.0203 15• 1 CY Imp.Md EmUadmenUa-Rfell CLSM $250.00 S4,500.011 $ 4250.00 $ 250.00 S 4,5OO.UO 9999.9999 tw 325 LF Remaroe En..Iiq Gas Li- $5.00 $ 1,625OD $ $ 1,625.00 0241.1303 17• 2 EA Remove r Wat-vm- $22924 $75000 S 164152 $ 458.48 S 150000 3312.0117 16` 2 EA Germs Ow to ExestiN r 12" Water Main W.600.00 $12,500-00 S 9,800.00 $ 15,2U0.00 S 25,000.00 330S.0109 19" 711 LF T-h Safety $2.00 $2500 S 16,353DO $ 1,422.00 $ 17,T75.00 -141.1011 21P 8 CY 8"Water line groutIng $1062.50 S 8500.00 $ S 8,5MOD $ $ $ $ $ $ TOTAL UNIT I: WATER IMPROVEMENTS $ 99,041.72 S 87,938.28 S 176,980.0C FIRST AMENDMENT TO CITY SECRETARY CONTRACT NUMBER 59535 Page 2 of 5 A COMMUNITY FACILITIES AGREEMENT BETWEEN THE CITY OF FORT WORTH AND MAGNOLIA LOFTS LTD. FORTWORTH TRANSPORTATION AND PUBLIC WORKS PIPE REPORT FOR: PROJECT NAME: Magnolia Lofts CITY PROJECT NUMBER: 103621 WATER PIPE LAID SIZE TYPE OF PIPE LF WATER LINE 6" PVC 40LF WATER LINE 4" PVC 23LF FIRE HYDRANTS: 1 EA VALVES (16" OR LARGER) PIPE ABANDONED SIZE TYPE OF PIPE LF N/A DENSITIES: NEW SERVICES: SEWER PIPE LAID SIZE TYPE OF PIPE LF SEWER PIPE 6" SDR-26 ASTM D3034 PVC 52 LF PIPE ABANDONED SIZE TYPE OF PIPE LF N/A DENSITIES: NEW SERVICES: TRANSPORTATION AND PUBLIC WORKS The City of Fort Worth • 1000 Throckmorton Street • Fort Worth, T176012-6311 (817) 392 - 7941 • Fax: (817) 392 - 7845 FORTWORTH. TRANSPORTATION AND PUBLIC WORKS January 7, 2026 NRP Contractors II, LLC 15727 Anthem Parkway Suite 308 San Antonio, TX 78249 RE: Acceptance Letter Project Name: Magnolia Lofts Project Type: Developer City Project No.: 103621 To Whom It May Concern: On December 30, 2025 a final inspection was made on the subject project. There were punch list items identified at that time. The punch list items were completed on January 6, 2026. The final inspection and the corrected punch list items indicate that the work meets the City of Fort Worth specifications and is therefore accepted by the City. The warranty period will start on January 6, 2026, which is the date of the punch list completion and will extend of two (2) years in accordance with the Contract Documents. If you have any questions concerning this letter of acceptance, please feel free to contact me at 682- 263-4793. Sincerely, George Marquez, Project Manager Cc: Estevan Castillo, Inspector Mike Glover , Inspection Supervisor Cristobal Fuentes, Senior Inspector Andrew Good , Program Manager Cross Engineeting, Consultant Bandera , Contractor NRP Contractors II, LLC, Developer File E-Mail: TPW_Acceptance@fortworthtexas.gov Rev. 8/20/19 MAIA Document G706" - 1994 Contractor's Affidavit of Payment of Debts and Claims PROJECT: (Name and address) Magnolia Lofts CPN103621 1310 Crawford St. qlff� Ft. Worth, TX 76104 TO OWNER: (Name and address City of Fort Worth Texas 200 Texas Street Ft. Worth, TX 76102 STATE OF: OHIO COUNTY OF: CUYAHOGA ARCHITECT'S PROJECT NUMBER: 21003 CONTRACT FOR: Water, sewer, paving, storm drain, and street lights CONTRACT DATED: 8/29/2024 OWNER:[ ] ARCHITECT:[ ] CONTRACTOR: [X] SURETY:[ ] OTHER:[ ] Z The undersigned hereby certifies that, except as listed below, payment has been made in full and all obligations have otherwise been satisfied for all materials and equipment furnished, for all work, labor, and services performed, and for all known indebtedness and claims against the Contractor for damages arising in any manner in connection with the performance of the Contract referenced above for which the Owner or Owner's property might in any way be held responsible or encumbered. EXCEPTIONS: SUPPORTING DOCUMENTS ATTACHED HERETO: 1. Consent of Surety to Final Payment. Whenever Surety is involved, Consent of Surety is required. AIA Document G707, Consent of Surety, may be used for this purpose Indicate Attachment [ ] Yes [X] No The following supporting documents should be attached hereto if required by the Owner: 1. Contractor's Release or Waiver of Liens, conditional upon receipt of final payment. 2. Separate Releases or Waivers of Liens from Subcontractors and material and equipment suppliers, to the extent required by the Owner, accompanied by a list thereof. 3. Contractor's Affidavit of Release of Liens (AIA Document G706A). CONTRACTOR: (Name and address) NRP Contractors II LLC 1228 Euclid Ave., 41h Floor Cleveland, OH 44115 Z4A CONTRACTOR'S Authorized Representative (Signature) Noam Magence, Secretary (Printed name and title) 2/13/2026 Date Subscribed and sworn to before me on this date: Notary Public: My Commission Expires: AIA Document G706 —1994. Copyright ©1970 and 1994. All rights reserved. 'The American Institute of Architects," "American Institute of Architects," "AIA," the AIA Logo, and "AIA Contract Documents" are trademarks of The American Institute of Architects. This draft was produced at 13:35:36 EST on 02/02/2026 under Subscription No.20240059313 which expires on 10/0512026, is not for resale, is licensed for one-time use only, and may only be used in accordance with the AIA Contract Documents' Terms of Service. To report copyright violations, e-mail docinfo@aiacontracts.com. User Notes: (6980ee66047a362b98ad04d9) CONSENT OF OWNER 1-1 SURETY COMPANY CONTRACTOR o TO FINAL PAYMENT SURETY ❑ OTHER ❑ AIA DOCUMENT G707 Bond Number - 014252012 PROJECT: Magnolia Lofts CPN103621 Water, Sewer, Paving, Storm Drain and Street Lights City of Fort Worth, Texas (name, address) TO (Owner) ARCHITECT'S PROJECT NO: CONTRACT FOR: Magnolia Lofts CPN103621 Water, Sewer, Paving, Storm Drain and Street Lights City of Fort Worth Texas 200 Texas Street CONTRACT DATE: Fort Worth, Texas 76102 L CONTRACTOR: Magnolia Lofts Ltd. In accordance with the provisions of the Contract between the Owner and the Contractor as indicated above, the (here insert name and address of Surety Company) Liberty Mutual Insurance Company 8044 Montgomery Road, Suite 150E Cincinnati, Ohio 45236 SURETY COMPANY, on bond Of (here insert name and address of Contractor) Magnolia Lofts Ltd. 1228 Euclid Avenue, 4th Floor Cleveland, Ohio 44115 ,CONTRACTOR, hereby approves of the final payment to the Contractor, and agrees that final payment to the Contractor shall not relieve the Surety Company of any of its obligations to City of Fort Worth Texas 200 Texas Street Fort Worth, Texas 76102 as set forth in the said Surety Company's bond. IN WITNESS WHEREOF, the Surety Company has hereunto set its hand this 12th day of February 2026. ^ b '1912 Attest: (Seal): OWNERS, Liberty Mutual (Insurance Company &_ �, . Surety Company Signature of Authorized Representative Geri Patronite . ATTORNEY -IN -FACT Title NOTE: This form is to be used as a companion document to AIA DOCUMENT G706, CONTRACTOR'S AFFIDAVOT OF PAYMENT OF DEBTS AND CLAIMS, Current Edition AIA DOCUMENT G707 • CONSENT OF SURETY COMPANY TO FINAL PAYMENT • APRIL 1970 EDITION • AIAta ONE PAGE Q 1970 • THE AMERICAN INSTITUTE OF ARCHITECTS. 1735 NEW YORK AVE_ NW, WASHINGTON, D,C. 20006 Liberty POWER OF ATTORNEY Mutual. Liberty Mutual Insurance Company SURETY The Ohio Casualty Insurance Company West American Insurance Company Certificate No: 8214634 - 014181 KNOWN ALL PERSONS BY THESE PRESENTS: That The Ohio Casualty Insurance Company is a corporation duly organized under the laws of the State of New Hampshire, that Liberty Mutual Insurance Company is a corporation duly organized under the laws of the State of Massachusetts, and West American Insurance Company is a corporation duly organized under the laws of the State of Indiana (herein collectively called the "Companies"), pursuant to and by authority herein set forth, does hereby name. constitute and appoint, Carrie Mahan, Geri Patronite. Jessica M June. Linda Discenza. Mark f Ratter all of the city of Cle%eland stale of 011 each individually if there be more than one named, its true and lawful attorney -in -fact to make, execute, seal, acknowledge and deliver, for and on its behalf as surety and as its act and deed, any and all undertakings„ bonds, recognizances and over surety obligations, in pursuance of these presents and shall be as binding upon the Companies as if they have been duly signed by the president and attested by the secretary of the Companies in their own proper persons. IN WITNESS WHEREOF, this Power of Attorney has been subscribed by an authorized officer or official of the Companies and the corporate seals of the Companies have been affixed thereto this 1 r}th day of August 11 202; . State of PENNSYLVANIA County of MONTGOMERY ss Liberty Mutual Insurance Company P� tNSURq P 1-1 INSt" d S14134 The Ohio Casualty Insurance Company � AJ °�°°�4r yo y� c°R`�R4r �y op IP -RIq yI West American Insurance Company ' 3 Fa fi �t } Fo cr ? 1912 o p 1919 ; 1991 //,a �( �. o a o G,/ f� j�" YL_ dy�gss4ClaUg`�AA3' yO FayhAMFS�-aa '�,p �Nr11ANN d� By: Nathan J. Zangerle, Assistant Secretary 00 OOn this 1 nh day of August ?t7?5 before me personally appeared Nathan J. Zangerle, who acknowledged himself to be the Assistant Secretary of Liberty Mutual Insurance j5 Company, The Ohio Casualty Company, and West American Insurance Company, and that he, as such, being authorized so to do, execute the foregoing instrument for the purposes c > therein contained by signing on behalf of the corporations by himself as a duly authorized officer. Q)'W c--o co 02 0 0 0) v1 � o._ Ev D IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my notarial seat at Plymouth Meeting, Pennsylvania, on the day and year first above written. 9F PA�'r µoN WF Fj Commonwealth of Pennsylvania - Notary Seal Teresa Pastella, Notary Public OF Montgomery County My comm,ss nn expires March 28. 2029 By: q �v Commission number 1124t14q A`ARYL''tpa'G Member. Pennsylvania Association of Nolanes Teresa Pastella, Notary Public -9�y This Power of Attorney is made and executed ,pursuant to and by authority of the following By-laws and Authorizations of The Ohio Casualty Insurance Company, Liberty Mutual Insurance Company, and West American Insurance Company which resolutions are now in full force and effect reading as follows: ARTICLE IV - OFFICERS: Section 12. Power of Attorney. Any officer or other official of the Corporation authorized for that purpose in writing by the Chairman or the President, and subject to such limitation as the Chairman or the President may prescribe, shall appoint such attorneys -in -fact, as may be necessary to act in behalf of the Corporation to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations. Such attorneys -in -fad, subject to the limitations set forth in their respective powers of attomey, shall have full power to bind the Corporation by their signature and execution of any such instruments and to attach thereto the seal of the Corporation. When so executed, such Instruments shall be as binding as if signed by the President and attested to by the Secretary. Any power or authority granted to any representative or attomey-in-fact under the provisions of this article may be revoked at any time by the Board, the Chairman, the President or by the officer or officers granting such power or authority. ARTICLE XIII - Execution of Contracts: Section 5 Surety Bonds and Undertakings. Any officer of the Company authorized for that purpose in writing by the chairman or the president, and subject to such limitations as the chairman or the president may prescribe, shall appoint such attomeys-in-fact as may be necessary to act in behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations. Such attomeys-in-fact subject to the limitations set forth in their respective powers of attorney, shall have full power to bind the Company by their signature and execution of any such instruments and to attach thereto the seal of the Company. When so executed such instruments shall be as binding as if signed by the president and attested by the secretary. Certificate of Designation - The President of the Company, acting pursuant to the Bylaws of the Company, authorizes Nathan J. Zangerle, Assistant Secretary to appoint such attomeys-in-fact as may be necessary to act on behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations. Authorization - By unanimous consent of the Company's Board of Directors, the Company consents that facsimile or mechanically reproduced signature of any assistant secretary of the Company, wherever appearing upon a certified copy of any power of attorney issued by the Company in connection with surety bonds, shall be valid and binding upon the Company with the same force and effect as though manually affixed. I, Renee C. Llewellyn, the undersigned, Assistant Secretary, The Ohio Casualty Insurance Company, Liberty Mutual Insurance Company, and West American Insurance Company do hereby certify that the original power of attorney of which the foregoing is a full, true and correct copy of the Power of Attorney executed by said Companies, is in full force and effect and has not been revoked. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seals of said Companies this I -1Ih day of I eI 21t26 . 4NSu. tiyY INS& �y %NStr� �`�Q'ooavogyl4yC� �JQ'G�.ttirbggr `9? �'p' o°nraR4r'�yC+ 3 �o fi UY 2 �a m � 3 Fa fi 1912 0 1919 ry 1991 By: d,1a SgCHVs�' da. hNgMPS� ,db Y' '40lANP ya Renee C. Llewellyn, Assistant Secretary Q� N � C E 20 Z 0 q O �V 19) N CO 0 04 �Coll ao c� m- 03 LMS-12873 LMIC CCIC WAIC Multi Cc 02124 Liberty Mutual, SURETY Assets LIBERTY MUTUAL INSURANCE COMPANY FINANCIAL STATEMENT — DECEMBER 31, 2024 Cash and Bank Deposits...........__. 1... $4,608,826. 7/56. 00 'Bonds — U.S Government . ............... ... - ..$4,281,375.446.74 *Other Bonds ......................................... — .... $21,566.489,527.26 *Stocks $15,589 644,012.00 Real Estate .... ........... .. . ........ $86 497,925,00 Agents' Balances or Uncollected Premiums .. $7 512,975,129.00 Accrued Interest and Rents . ........... ..... . .. ....... $225.249,712.00 Other Admitted Assets ....... . ............. $19,367.663,200.00 Total Admitted Assets ............ .... $74.539,483,661 .00 Liabilities Unearned Premiums .............. . .............. _ ..... $9,890,896.878.00 Reserve for Claims and Claims Expense..... $29.467.071,865.00 Funds Held Under Reinsurance Treaties.......... $341.948,172.00 Reserve for Dividends to Policyholders ................... $954,025.00 Additional Statutory Reserve .. - .................... $150.547,865.00 Reserve for Commissions. Taxes and Other Liabilities. . ...... ........... .. . ........ ... $5.049,906.410.00 Total .............................................. $47,104,416,171.00 Special Surplus Funds ...................................... $174.153,086.00 Capital Stock. . .. . - . ... . .............................. $10 000,075.00 Paid in Surplus ..................... ... ... ............... $13.209.595,772.00 Unassigned SUrPILJS ... . ........ .... $13.415,980.561.00 Surplus to Policyholders ..... $27,435,067,490.00 Total Liabilities and Surplus....... $74,539,483,661.00 * Bonds are stated at amortized or investment value: Stocks at Association Market Values. The foregoing finanaal information is taken from Liberty Mutual 111SUrance Company's financial statement fiied with the Massachusetts Department of Insurance. I. TIM MIKOLAJEVVSKI, Assistant Secretary of Liberty Mutual Insurance Company, do hereby certify that the foregoing is a true, and correct statement of the Assets and Liabilities of said Corporation, as of December 31- 2024 to the best of my knowledge and belief. IN WITNESS WHEREOF. I have hereunto set my hand and affixed the seal of said Corporation at Seattie. Washington, this 8th day of March. 2025. N S ij�j Timothy A. Mikolajewski, Assistant Secretary rj�gZ 4C}4US� -4Z> 0/ 7 , ��