Orange County NC Website
Qualifications & Experience <br /> A.7. / FINANCIAL STABILITY <br /> A.7.A. / SURETY LETTER <br /> 2501 Blue Ridge Road <br /> Suite 250 • <br /> Raleigh,NC 27607 <br /> 919.844.0640 <br /> www.scofins.com <br /> November 19,2025 <br /> Orange County,North Carolina <br /> Finance and Administrative Services Department-Purchasing Division <br /> Attn:Jovana Amaro Finance Manager-Purchasing <br /> 200 South Cameron Street <br /> Hillsborough,NC 27278 <br /> Re:Samet Corp.—RFQ#367-005466-CMAR Services for The Renovation and Construction of Sheriff's <br /> Office Facilities+/-$20,000,000.00 <br /> Dear Sir or Madam: <br /> It is a pleasure to confirm our association and surety credit relationship with Samet Corporation(Samet). <br /> Liberty Mutual Insurance Company(Liberty Mutual)through Scott Insurance,has provided bonds for <br /> Samet since 2007.Liberty Mutual is rated"A"by AM Best and is listed in the Federal Treasury List of <br /> Approved Sureties(Circular 570)to conduct business in all 50 states. <br /> We consider Samet and the management team true professionals in the field of General Contracting. <br /> Operations are conducted with fiscal responsibility,proficient technical and managerial skills and ethics <br /> of the highest caliber.The Samet team consists of dedicated professionals committed to a quality <br /> construction product. <br /> Liberty Mutual has conducted a careful underwriting review to establish surety credit parameters <br /> for Samet.We have structured a single project parameter of$200,000,000 with a corresponding <br /> aggregate program of$1,500,000,000 to facilitate routine bonding needs with adequate available <br /> capacity to bond the subject project.Arrangement of additional credit would be considered given <br /> specific project circumstances and details.Naturally,the execution of any bond would be subject to <br /> normal underwriting considerations including review of contract terms,conditions and project financing. <br /> We consider Samet Corporation to be one of the finest companies in their field.Please feel free <br /> to call me to discuss any additional information you need to give them your favorable <br /> consideration. <br /> st Regards, <br /> rs 9� ao <br /> Brooke Gagne rd3g�'*spa <br /> Attorney-in-Fact <br /> Property R Casualty I Employee Benefits I Bonds I Captives I Personal Insurance <br /> Scott Insurance,a division of James A.Scott&son,Inc. <br /> RFQ 367-005466 /The Renovation& Construction of Sheriff's Office Facilities <br />