Florida Surety Bond Letter of Recommendation

To Whom It May Concern,

We are pleased to be the surety agents for Pete Clements of Pinnacle Construction of the Treasure Coast, LLC and have served them since 2005. Bonds are currently written through Berkley Insurance Company which is A.M. Best Rated “A+, XV” and has a U.S. Treasury Listing of $440,222,000. They are one of the country's leading surety companies.

We have investigated both the performance references and financial capabilities of Pinnacle Construction, and are proud to recommend them to you. Pete Clements has built a fine team, and you'll be pleased with their attention to detail and schedule for construction. His knowledge of local subcontractors and participation in your local community add to the positive investment in your community.

We usually anticipate no difficulties in providing surety bonds for Pinnacle Construction of the Treasure Coast, LLC in the $7,000,000 single, $10,000,000 aggregate range. If there were larger projects he wanted to pursue, we'd be happy to help him get the bonding. This letter is not a commitment to provide any bonds unless all underwriting requirements including contract, bond form and financing review are met prior to issuing any bonds. Neither our agency, nor the surety is liable for any damages relating to this letter or project.

Should you have any questions, please do not hesitate to contact us.

Sincerely,

Susan Reich

Vice President

620 N Wymore Road Suite 200
Maitland, FL 32751 (407) 786-7770 • Fax (407) 786-7766
Florida SURETY Bonds Inc.
1326 S Ridgewood Ave, Suite 15
Daytona Beach, FL 32114 (386) 898-0507 Fax (386) 898-0510
Toll Free (888) 786-BOND • Fax (888) 718-BOND
www.FloridaSuretyBonds.com