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Contract - TAKNEK LLC - 8/14/2025 CITY OF ROUND ROCK PUBLIC WORKS ROUND ROCK TEXAS Project Manual For: STONE OAK PUMP STATION MODIFICATIONS May 2025 Prepared By: Ardurra Group, Inc. 3115 Allen Parkway Suite 300 Houston, Texas 77019 Yue Sun,PE,BCEE APPROVE® BY Project Director CITY ATTORNEY TBPE Firm Registration No F-10053 STONE OAK PUMP STATION MODIFICATIONS TABLE OF CONTENTS Section Description No. of Paaes 00020 Notice to Proposers(E-Bid) 1 00100 Instructions to Proposers-Competitive Sealed Proposal E-Bid 15 Questionnaire 6 Form 1295 Instructions 1 00200 Bid Bond 2 00300 Bid Form 3 00410 Statement of Bidder's Safety Experience 1 00500 Agreement 5 00600 Insurance & Construction Bond Forms Performance & Payment Bond Instructions 1 00610 Performance Bond 2 00620 Payment Bond 2 Insurance Instructions 1 00650 Certificate of Liability Insurance 1 00700 General Conditions 41 00800 Supplemental General Conditions 2 00900 Special Conditions 5 01000 Technical Specifications 750 02000 Plans, Details and Notes 1 8-2016 Table of Contents 00090665 00020 NOTICE TO PROPOSERS Date:August 26, 2025 Project: Stone Oak Pump Station Modifications To: City of Round Rock(Owner) From:TAKNEK LLC (contractor) Re: Submission of Executed Contract and Supplemental Conditions-Stone Oak Pump Station Dear [Owner's Representative]: On behalf of Contractor, please find attached our executed copy of the Contract for the Stone Oak Pump Station project,together with our executed Supplemental Conditions Rider. Our execution of the Contract is provided on the understanding that the enclosed Supplemental Conditions Rider will be reviewed and, if acceptable, executed by the City. If the City has objections to the Supplemental Conditions, we respectfully request a written response with comments so that the Contract may be finalized on a mutually agreed basis. We believe these Supplemental Conditions will help ensure clarity, improve administration, and reduce the potential for disputes during the life of the project. We look forward to the City's review and to working together to move this project forward. Please confirm receipt and advise on the anticipated timeline for review and response. Please confirm receipt and advise if you wish to discuss any of these points further. Sincerely, Charanjeet Singh PRESIDENT TAKNEK LLC Attachments: • Summary of Exceptions • Supplemental Conditions Rider (SC-1 - SC-17) City of Round Rock, Texas Contract Forms Standard Form of Agreement: Section 00500 City of Round Rock, Texas Standard Form of Agreement between Owner and Contractor AGREEMENT made as of the ( -4,)day of Ol b2 4'� in the year 20 25 . BETWEEN the Owner: City of Round Rock,Texas(hereafter"Owner"or"City") 221 East Main Street Round Rock,Texas 78664 and the Contractor TAKNEK LLC ("Contractor") 4400 West Highway 82 Gainesville,Texas,76240 The Project is described as: STONE OAK PUMP STATION MODIFICATIONS The Engineer is: Yue Sun,P.E, Ardurra 3115 Allen Parkway,Suite 300 Houston,TX 77019 For and in consideration of the mutual terms, conditions and covenants of this Agreement and all accompanying documents between Owner and Contractor, the receipt and sufficiency of which are hereby acknowledged,Owner and Contractor agree as follows: ARTICLE I THE CONTRACT DOCUMENTS The Contract Documents consist of this Agreement,Conditions of the Contract(General,Supplementary and other Conditions),Drawings,Specifications,Addenda issued prior to execution of this Agreement,other documents listed in this Agreement and Modifications issued after execution of this Agreement;these form the Contract,and are as fully a part of the Contract as if attached to this Agreement or repeated herein.The Contract represents the entire and integrated agreement between the parties hereto and supersedes prior negotiations,representations or agreements, either written or oral.An enumeration of the Contract Documents,other than Modifications,appears in Article 7. ARTICLE 2 THE WORK OF THIS CONTRACT Contractor shall fully execute the Work described in the Contract Documents,except to the extent specifically indicated in the Contract Documents to be the responsibility of others. 00500 4-2020 Page 1 of 5 Standard Form of Agreement 00443647 ARTICLE 3 DATE OF COMMENCEMENT;DATE OF SUBSTANTIAL COMPLETION;DATE OF FINAL COMPLETION 3.1 The date of commencement of the Work shall be the date of this Agreement unless a different date is stated below or provision is made for the date to be fixed in a Notice to Proceed issued by Owner. 3.2 The Contract Time shall be measured from the date delineated in the Notice to Proceed. 33 Contractor shall commence Work within ten ( 10 ) calendar days from the date delineated in the Notice to Proceed. 3.4 Contractor shall achieve Substantial Completion of the items of Work listed on Attachment A to this Agreement no later than N/A ( )calendar days from issuance by Owner of Notice to Proceed, and Contractor shall achieve Substantial Completion of the entire Work no later than four hundred and fifty 450 )calendar days from issuance by Owner of Notice to Proceed,subject to adjustments of this Contract Time as provided in the Contract Documents. 3.5 If Contractor fails to achieve Substantial Completion of the Work(or any portion thereof)on or before the date(s)specified for Substantial Completion in the Agreement,Contractor shall pay to Owner,as liquidated damages, the sum of one thousand and No/100 Dollars($ 1,000 )for each calendar day that Substantial Completion is delayed after the date(s) specified for Substantial Completion. It is hereby agreed that the liquidated damages to which Owner is entitled hereunder are a reasonable forecast of just compensation for the harm that would be caused by Contractor's failure to achieve Substantial Completion of the Work(or any portion thereof)on or before the date(s)specified for Substantial Completion in the Agreement and is not a penalty. It is agreed that the harm that would be caused by such failure, which includes loss of expected use of the Project areas,provision of alternative storage facilities and rescheduling of moving and occupancy dates,is one that is incapable or very difficult of accurate estimation.It is hereby agreed that if Substantial Completion of the Work(or any portion thereof)is not achieved on or before thirty(30)days after the date(s) specified for Substantial Completion in the Agreement, the Owner shall have the option to either collect liquidated damages as set forth herein or to thereafter rely on its remedies under the Contract Documents and at law and in equity, including without limitation, the recovery of actual damages. The date(s) specified for Substantial Completion of the Work(or any portion thereof)in the Agreement shall be subject to adjustment as provided in the Contract Documents. 3.6 Contractor shall achieve Final Completion of the entire Work no later than four hundred and eighty 4( 80 )calendar days from issuance by Owner of Notice to Proceed. ARTICLE 4 CONTRACT SUM 4.1 Owner shall pay Contractor the Contract Sum in current funds for Contractor's full and complete performance of the Work and all of Contractor's obligations under this Agreement. The Contract Sum shall be DIU- \\leer. (1;n'g-AmAAaL swarm -1n� ()Mg (>N..ACJ nV►CUkt&CS as r0/11L ($—I.4''14 )1 n\.00 ),subject to additions and deductions as provided in the Contract Documents. 4.2 Does the Contract Sum include alternates which are described in the Bid Form? No X Yes .Ijyes,please provide details below. 00500 42020 Page 2 of 5 Standard Form of Agreement 00443647 XRTICLE 5 PAYMENTS 5.1 PROGRESS PAYMENTS 5.1.1 Based upon Applications for Payment submitted to Engineer and Owner by Contractor,and Certificates for Payment issued by Engineer and not disputed by Owner and/or Owner's lender,Owner shall make progress payments on account of the Contract Sum to Contractor as provided below, in Article 14 of the General Conditions, and elsewhere in the Contract Documents. 5.1.2 The period covered by each Application for Payment shall be one calendar month ending on the last day of the month. 5.1.3 Provided that an Application for Payment is received by Engineer and Owner, and Engineer issues a Certificate of Payment not later than the tenth (10th)day of a month, Owner shall make payment to Contractor of amounts approved by the Owner not later than the tenth(10th)day of the next month.If an Application for Payment is received by Engineer and Owner after the application date fixed above,payment shall be made by Owner not later than one month after the Engineer issues a Certificate for Payment.The Owner shall not have any obligation to pay any amount covered by the Engineer's Certificate for Payment that is disputed by the Owner. 5.1.4 Each Application for Payment shall be based on the most recent schedule of values submitted by Contractor in accordance with the Contract Documents.The schedule of values shall allocate the entire Contract Sum among the various portions of the Work.The schedule of values shall be prepared in such form and supported by such data to substantiate its accuracy as Engineer and Owner may require.This schedule,unless objected to by Engineer or Owner, shall be used as a basis for reviewing Contractor's Applications for Payment. 5.1.5 Applications for Payment shall warrant the percentage of completion of each portion of the Work as of the end of the period covered by the Application for Payment. 5.1.6 Subject to other provisions of the Contract Documents, the amount of each progress payment shall be computed as provided in Article 14 of the General Conditions. 5.1.7 Except with Owner's prior written approval,Contractor shall not make advance payments to suppliers for materials or equipment which have not been delivered and stored at the site. 5.2 FINAL PAYMENT 5.2.1 Final payment, constituting the entire unpaid balance of the Contract Sum, shall be made by Owner to Contractor when: .1 Contractor has fully performed the Contract except for Contractor's responsibility to correct Work, and to satisfy other requirements,if any,which extend beyond final payment;and .2 a final Certificate for Payment has been issued by Engineer and approved by the Owner. 5.2.2 Owner's final payment to Contractor shall be made no later than thirty (30) days after the issuance of Engineer's final Certificate for Payment. In no event shall final payment be required to be made prior to thirty(30) days after all Work on the Contract has been fully performed.Defects in the Work discovered prior to final payment shall be treated as non-conforming Work and shall be corrected by Contractor prior to final payment,and shall not be treated as warranty items. ARTICLE 6 TERMINATION OR SUSPENSION 6.1 The Contract may be terminated by Owner or Contractor as provided in Article 15 of the General Conditions. 00500 4-2020 Page 3 of 5 Standard Form of Agreement 00443647 6.2 The Work may be suspended by Owner as provided in Article 15 of the General Conditions. ARTICLE 7 ENUMERATION OF CONTRACT DOCUMENTS 7.1 The Contract Documents,except for Modifications issued after execution of this Agreement,are enumerated as follows: 7.1.1 The Agreement is this executed version of the City of Round Rock, Texas Standard Form of Agreement between Owner and Contractor,as modified. 7.1.2 The General Conditions are the "City of Round Rock Contract Forms 00700," General Conditions, as modified. 7.13 The Sj�uppplementary,Special,and other Conditions of the Contract are those contained in the Project Manual dated Tylav 2025 7.1.4 The Specifications are those contained in the Project Manual dated May 2025 7.1.5 The Drawings,if any,are those contained in the Project Manual dated May 2025 7.1.6 The Insurance&Construction Bond Forms of the Contract are those contained in the Project Manual dated May 2025 7.1.7 The Notice to Bidders,Instructions to Bidders,Bid Form,and Addenda,if any,are those contained in the Project Manual dated May 2025 7.1.8 If this Agreement covers construction involving federal funds, thereby requiring inclusion of mandated contract clauses, such federally required clauses are those contained in the "City of Round Rock Contract Forms 03000,"Federally Required Contract Clauses,as modified. 7.1.9 Other documents,if any,forming part of the Contract Documents are as follows: Construction Plans ARTICLE 8 MISCELLANEOUS PROVISIONS 8.1 Where reference is made in this Agreement to a provision of any document, the reference refers to that provision as amended or supplemented by other provisions of the Contract Documents. 8.2 Owner's representative is: Kaitlyn Saucedo Public Works 3400 Sunrise Road, Round Rock,TX 78665 8.3 Contractor's representative is: Charanjeet Singh PRESIDENT 4400 West Highway 82 Gainesville,Texas,76240 8.4 Neither Owner's nor Contractor's representative shall be changed without ten(10)days'written notice to the other party. 00500 4-2020 Page 4 of 5 Standard Form of Agreement 00443647 8.5 Waiver of any breach of this Agreement shall not constitute waiver of any subsequent breach. 8.6 Owner agrees to pay Contractor from available funds for satisfactory performance of this Agreement in accordance with the bid or proposal submitted therefor,subject to proper additions and deductions,all as provided in the General Conditions, Supplemental Conditions, and Special Conditions of this Agreement, and Owner agrees to make payments on account thereof as provided therein. Lack of funds shall render this Agreement null and void to the extent funds are not available. This Agreement is a commitment of City of Round Rock's current revenues only. 8.7 Although this Agreement is drawn by Owner,both parties hereto expressly agree and assert that,in the event of any dispute over its meaning or application,this Agreement shall be interpreted reasonably and fairly,and neither more strongly for nor against either party. 8.8 This Agreement shall be enforceable in Round Rock,Texas,and if legal action is necessary by either party with respect to the enforcement of any or all of the terms or conditions herein,exclusive venue for same shall lie in Williamson County, Texas. This Agreement shall be governed by and construed in accordance with the laws and court decisions of the State of Texas. 8.9 Both parties hereby expressly agree that no claims or disputes between the parties arising out of or relating to this Agreement or a breach thereof shall be decided by an arbitration proceeding,including without limitation,any proceeding under the Federal Arbitration Act(9 USC Section 1-14)or any applicable state arbitration statute. 8.10 The parties, by execution of this Agreement, bind themselves, their heirs, successors, assigns, and legal representatives for the full and faithful performance of the terms and provisions hereof. This Agreement is entered into as of the day and year first written above and is executed in at least two(2) original copies,of which one is to be delivered to Owner. OWNER CONTRACTOR CITY OFou TEXAS TAKNEK LLC 4400 West Highway 82,Gainesville,Texas,76240 Printed Name: Cts Corc, Printed Name: Charanjeet Singh Title IJ Title: PRESIDENT Date Signed: 124 Z 5 Date Signed: AbU-2f—2-02— ATTEST- i 0 City Cler FOR CITY APPROVED AS TO FORM: ity Attor6ey 00500 4-2020 Page 5 of 5 Standard Form of Agreement 00443647 PERFORMANCE BOND Bond #RCB0025954 THE STATE OF TEXAS § § KNOW ALL BY THESE PRESENTS: COUNTY OF WILLIAMSON § That Taknek LLC , of the City of Gainesville County of Cooke , and State of Texas , as Principal,and RLI Insurance Company authorized under the law of the State of Texas to act as surety on bonds for principals,are held and firmly bound unto the CITY OF ROUND ROCK,TEXAS (Owner),in the penal Sum of One Million Nine Hundred Seventy-Eight Thousand One Hundred One Dollars and 00/100 Dollars ($ 1,978,101.00 ) for the payment whereof, well and truly to be made the said Principal and Surety bind themselves, and their heirs, administrators, executors, successors and assigns,jointly and severally, by these presents: WHEREAS, the Principal has entered into a certain written Agreement with the Owner dated the j day o0,/ ee20 Leto which the Agreement is hereby referred to and made a part hereof as fully afid to the same extent as if copied at length herein consisting of: STONE OAK PUMP STATION MODIFICATIONS NOW, THEREFORE, THE CONDITIONS OF THIS OBLIGATION IS SUCH, that if the said Principal shall faithfully perform said Agreement and shall, in all respects, duly and faithfully observe and perform all and singular the covenants, conditions and agreements in and by said Agreement, agreed and covenanted by the Principal to be observed and performed, including but not limited to, the repair of any and all defects in said work occasioned by and resulting from defects in materials furnished by or workmanship of,the Principal in performing the Work covered by said Agreement and occurring within a period of twelve (12) months from the date of Final Completion and all other covenants and conditions, according to the true intent and meaning of said Agreement and the Plans and Specifications hereto annexed,then this obligation shall be void; otherwise to remain in full force and effect; PROVIDED,HOWEVER,that this bond is executed pursuant to the provisions of Chapter 2253, Texas Government Code, as amended, and all liabilities on this bond shall be determined in accordance with the provisions of said Chapter 2253 to the same extent as if it were copied at length herein. Page 1 00610 4-2020 Performance Bond 00443639 PERFORMANCE BOND (continued) Surety, for value received, stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Agreement, or to the Work performed thereunder, or the Plans, Specifications, or drawings accompanying the same, shall in anywise affect its obligation on this bond,and it does hereby waive notice of any such change,extension of time,alteration or addition to the terms of the Agreement, or to the work to be performed thereunder. If Principal fails to faithfully perform said Agreement, Surety, after receipt of written notice of Principal's default, shall perform all of Principal's duties and obligations under the Agreement. If, within ten (10) days after receipt of such notice from Owner, Surety does not commence to complete the obligations of Principal with a contractor acceptable to Owner and diligently complete the performance of the Principal's duties and obligations, Owner shall have the right but not the obligation to have the duties and obligations of Principal performed. In such event, Surety shall pay to Owner,upon demand,all costs, expenses and damages sustained by Owner as a result of Principal's failure to perform its duties and obligations under the Agreement up to the Full sum of this Performance Bond, plus all costs and expenses, including attorney's fees and expert and consultant fees incurred by Owner to enforce its rights under this Performance Bond. IN WITNESS WHEREOF, the said Principal and Surety have signed and sealed this instrument this 20th day of August , 2025 . 6 Taknek LLC RLI Insurance Company �° Principal Surety - ' L0FkP0FU.r •9i <- P0 R►f r sc97 51,41a„l Todd A. SteinS E Printed Name Printed NameIN - CO ,r���1111111111\1\\ y: Ti' 9,QF r, rTitle: Attomey-in-Fact Address: 4400 W Highway 82 Address: 9025 N. Lindbergh Drive Gainesville, TX 76240 Peoria, IL 61615 Resident Agent of Surety: l�- Signature Todd A. Stein Printed Name 5309 Transportation Blvd. Street Address Cleveland, OH 44125 City, State& Zip Code Page 2 00610 4-2020 Perforniance Bond 00443639 PAYMENT BOND Bond #RCB0025954 THE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF WILLIAMSON § That Taknek LLC , of the City of Gainesville County of Cooke , and State of Texas , as Principal, and RLI Insurance Company authorized under the laws of the State of Texas to act as Surety on Bonds for Principals,are held and firmly bound unto the CITY OF ROUND ROCK, TEXAS (OWNER), and all subcontractors, workers, laborers, mechanics and suppliers as their interest may appear, all of whom shall have the right to sue upon this bond, in the penal sum of One Million Nine Hundred Seventy-Eight Thousand One Hundred One Dollars and 00/100 Dollars($ 1,978,101.00 )for the payment whereof,well and truly be made the said Principal and Surety bind themselves and their heirs, administrators, executors, successors, and assigns,jointly and severally,by these presents: WHEREAS,the Pripcipal has entered into a certain written Agreement with the Owner,dated the / /- r` day o i,J.iJ , 20 Zc&to which Agreement is hereby referred to and made a part hereof as fully and to the same extent as if copied at length herein consisting of: STONE OAK PUMP STATION MODIFICATIONS NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the said Principal shall well and truly pay all subcontractors, workers, laborers, mechanics, and suppliers, all monies to them owing by said Principals for subcontracts,work,labor,equipment, supplies and materials done and furnished for the construction of the improvements of said Agreement, then this obligation shall be and become null and void; otherwise to remain in full force and effect. PROVIDED, HOWEVER, that this bond is executed pursuant to the provisions of Chapter 2253, Texas Government Code, as amended, and all liabilities on this bond shall be determined in accordance with the provisions of said Chapter 2253 to the same extent as if it were copied at length herein. Page 1 00620 04-2020 Payment Bond 00437699 PAYMENT BOND (continued) Surety, for value received, stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Agreement, or to the Work performed thereunder, or the plans, specifications or drawings accompanying the same shall in anywise affect its obligation on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the contract, or to the work to be performed thereunder. IN WITNESS WHEREOF, the said Principal and Surety have signed and sealed this Instrument this 20th day of August , 2025 . Ci Taknek LLC RLI Insurance Company ,�;• 'li,�'; Principal Surety G0FP0FjA?. '. 0149483GET siN1.fI Todd A. Stein EAL . Printed Name Printed Name B By: Gi-OLl�1 11c.rr T : pgt,Sjvgu7 Title: Attorney-in-Fact Address._4400 W Highway 82 Address: 9025 N. Lindbergh Drive Gainesville, TX 76240 Peoria, IL 61615 Resident Agent of Surety: Signature Todd A. Stein Printed Name 5309 Transportation Blvd. Street Address Cleveland, OH 44125 City, State & Zip Code Page 2 006201-2020 Payment Bond 00090656 POWER OF ATTORNEY 111,1 Insurance Company Contractors Bonding and Insurance Company 9025 N.Lindbergh Dr. Peoria,IL 61615 Phone: 800-645-2402 Bond No.RCB0025954 Know AH Men by These Presents: That this Power of Attorney is not valid or in effect unless attached to the bond which it authorizes, but may be detached by the approving officer if desired. That this Power of Attorney may be effective and given to either or both of RLI Insurance Company and Contractors Bonding; and Insurance Company,required for the applicable bond. That RLI Insurance Company and/or Contractors Bonding and Insurance Company, each Illinois corporations (as applicable), each authorized and 11WISCd to do business in all states and the District of Columbia do hereby make,constitute and appoint: Todd A. Stein in the City of Cleveland , State of OH , it's true and lawful Agent and Attorney in Fact, with full power and authority hereby conferred upon him/her to sign, execute, acknowledge and deliver for and on its behalf as Surety, in general, any and all bonds and undertakings in an amount not to exceed Seventy Five Million Dollars($75,000,000) for any single obligation,and specifically for the following described bond. Principal: Taknek LLC Obli-ce: City of Round Rock,Texas RLI Insurance Company and Contractors Bonding and Insurance Company, as applicable, have each further certified that the following is a true and exact copy of a Resolution adopted h} the Huard of Directors of each such corporation• and now in force, to-wit: "All bonds, policies, undertakings, Powers of Attorney or other obligations of the Corporation shall be executed in the corporate name of the Corporation b� the President, Secretary,any Assistant Secretary,Treasurer,or any Vice President, or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attorneys in Fact or Agents who shall have authority to issue bonds, policies or undertakings in the name of the Corporation. The corporate seal is not necessary for the validity of any bonds, policies, undertakings. Posers of Attorney or other obligations of the Corporation. The signature of any such officer and the corporate seal mai be printed by facsimile or other electronic image." IN WITNESS WHEREOF, RLI Insurance Company and/or Contractors Bonding; and Insurance Company, as applicable, have caused these presents to be executed by its respective Sr. Vice President ith its corporate seal affixed this 24th day of Januar; 2024 �w RLI Insurance Company ,,�M!��'��`` Y.• '" '�`9 Contractors Bonding;and Insurance Company SEAL SEAL '' State of Ohio •�•�` ..... firic Raudins Sr. Vice President SS County of Cuyahoga ))) CERTIFICATE On this 24th day of January 2024before me,a Notary 1, the undersigned officer of RLI Insurance Company and/or Public, personally appeared Eric Raudins , who Contractors Bonding and Insurance Company, do hereby certify being by me duly sworn, acknowledged that he signed the above Power of that the attached Power of Attorney is in full force and etTLct and is Attorney as the aforesaid officer of the RLI Insurance Company and'or irrevocable, and furthermore, that the Resolution of the Company as Contractors Bonding and Insurance Company, and acknowledged said set forth in the Power of Attorney, is now in force. In testimony insinimew to be the voluntary act anddecd f said corporation. whereof, I have hereunto set my hand and the seal of the 111,1 /7 Insurance Compaqy and/or Contractors Bonding and Insurance / C Company this 2i)th day of August 2025 .lilt A.Scot Notary Pubhc RI.I Insurance Company Contractors Bonding;and Insurance Compan.\ 9!4 nu.scart n• Notary Vobh( state o'C-m I;y: My Comm Expires Jeffrey t is C orporate Secretary Sen*.P ibe,1: 2025 At10A1124 RLIP.O.BOX 3967 PEORIA, IL 61612-3967 RLI Insurance Company P: (800)645-2402 E:asksurety@rlicorp.com SURETY RLISURETY.COM December 31, 2023 Admitted Assets Liabilities and Surplus Investments: Liabilities: Fixed maturities .............................. $ 1,431,131,286 Reserve for unpaid losses and loss Equity securities.............................. 1,442,812,591 adjustment expenses ,,,,,,,,,,,,,,,,,,.,•,, $ 908,493,924 Short-term investments 0 Unearned premiums 392,216,604 Real estate...... 25,207,962 Accrued expenses ,,,,,,,,,,,,,,,,,,,,,•...,, 111,423,480 Properties held to produce income .................. 0 Funds held,,,,..,,,,,,,,,,,,,,,,,,,,,,,,,.,, 542,927 Cash and cash equivalents ........................ 39,450,202 Advance premiums ,•,,,.. 21,305,163 Other invested assets ....................... .. 54,516,561 Amounts withheld .,.,,,,.........,,....•..... 80,627,156 Receivables for securities ......................... 2,630,356 Remittances and items not allocated,.,.,,,,,,,,.. 5,911,884 Agents'balances ................................ 100,101,297 Dividends declared and unpaid .,.,..,,.,,,,...•, 28,553 Investment income due and accrued ................ 11,012,671 Ceded reinsurance premium payable .,,,,,,,,,,,, 27,278,849 Funds held ..................................... 0 Payable for securities..,...,,,,,,,,,,,,,,,,,,,, 9,404,521 Reinsurance recoverable on paid losses ............. 22,044,296 Statutory penalties..........,,.,,,,,.,,,,,,,,, 455,798 Federal income taxes receivable .,,,•,,,,,,,,•••..., 0 Current federal and foreign income taxes ..,,,..,,. 2,500,736 Net deferred tax asset ............................ 9,800,670 Net deferred tax liability,,,,,,,.,..,.,,.•••,..,, 0 Guarantee funds receivable or on deposit 47,385 Borrowed money and accrued interest ,,,,,,,,._,, 50,234,222 Electronic data processing equipment. ............... Drafts outstanding ... ........_..,,••,,,,,,,,..,, 0 net of depreciation 629,146 Payable to affiliate ,,,,,,,,,,,,,,,,,•,,,,•,,,,..,, 13,666,696 Receivable from affiliates.......................... 1,260 Other liabilities,., 2.284.808 Other admitted assets ............................ 7.125.030 Total Liabilities $ 1,626,375,321 Total Admitted Assets $ 3,146,510,713 Surplus: Common stock $ 10,000,375 Additional paid-in capital.,,,,,,•,..,,,,,•,,,,,,, 242,451,084 Unassigned surplus ,_,,,,.,,,•,,,,,,.,•,•,,,,, 1,267,683,933 State of Ohio Total Surplus $ 1,520,135,392 County of Cuyahoga Total Liabilities and Surplus $ 3,146,510,713 The undersigned, being duly sworn, says: That he is the President of RLI Insurance Company; that said Company is a corporation duly organized, in the State of Illinois, and licensed and engaged in business in the State of and has duly complied with all the requirements of the laws of said State applicable of said Company and is duly qualified to act as Surety under such laws; that said Company has also complied with and is duly qualified to act as Surety under the Act of Congress approved July 1947, 6U.S.0 sec. 6-13; and that to the best of his knowledge and belief the above statement is a full, true, and correct statement of the financial condition of the said Company on the 31 st day of December 2023. Attest: I- IALtI — �JPp N C E Col, I ORPORAr • 9<�_ Corporate Craig Kliethermes President SEALSeal Affixed } %,7�C.•.p�s,,���, Olga S. Happel Ai0istant Secretary I,11111% Sworn to before me this 12th day of March, 2024. s9 JILL►SCOTT Notary Public , -- State or Ohio Notarial C{�, My Comm.Expires -� Seote ober 22.2025 Seal Affixed Jill A. Scott Notary Public, State of Ohio M0058324 Portal Texas Department of Insurance Certificate No. 13457 �' • Company No. 08- 095639 Certificate of Authority THIS IS TO CERTIFY THAT RLI INDEMNITY COMPANY PEORIA, ILLINOIS has complied with the laws of the State of Texas applicable thereto and is hereby authorized to transact the business of Fire; Allied Coverages; Hail -growing crops only; Rain; Inland Marine; Ocean Marine; Aircraft - -Liability & Physical Damage; Accident; Health; Workers' Compensation & Employers' Liability; Employers' Liability; Automobile- -Liability & Physical Damage; Liability other than Automobile; Fidelity & Surety; Glass ; Burglary & Theft; Forgery; Boiler & Machinery; Credit; Livestock and Reinsurance on all lines authorized to be written on a direct basis insurance within the state of Texas. This Certificate of Authority shall be in full force and effect until it is revoked,canceled or suspended according to law. IN TESTIMONY WHEREOF, witness my hand and seal of office at Austin,Texas,this 29th dayof October A.D. 2003 JOSE MONTEMAYOR 1 COMM SSIONER O - 1 RANCE BY �jod 'PO�haechesi, Director Company Licensing& Registration ACORO0 DATE(MMIDDIYYYY) �� CERTIFICATE OF LIABILITY INSURANCE 08/19/2025 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER.THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND,EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S),AUTHORIZED REPRESENTATIVE OR PRODUCER,AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED,the policy(ies)must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED,subject to the terms and conditions of the policy,certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCER CONTACT CSR HOUSE NAME: Ken Blanton Insurance PHONE FAX A1C No Exit: A/C,No), PO Box 1414 E-MAIL ADDRESS: INSURER(S)AFFORDING COVERAGE NAIC# Gainesville TX 76241 INSURERA: Admiral Insurance Co. 24856 INSURED INSURER 8: Texas Mutual Insurance CO 23835 Taknek,LLC INSURER C: Infinity County Mutual Insurnace Company 13820 4400 W Highway 82 INSURER D: Cap Specialty Insurance Corpration INSURER E: Gainesville TX 76240 INSURER F: COVERAGES CERTIFICATE NUMBER: CL2562403787 REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT,TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN,THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES.LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSRR AODLLICY EXP TYPE OF INSURANCE INSD WVD POLICY NUMBER MM/DDY /YYYY MLICY EFF MIDDIYYYY LIMITS X COMMERCIAL GENERAL LIABILITY EACH OCCURRENCE $ 1'000'000 DAMAGE TO RENTED CLAIMS-MADE Fx_1 OCCUR PREMISES Ea occurrence $ 100'000 MED EXP(Any one person $ 5,000 A CA000054424-01 09/12/2024 09/12/2025 PERSONAL&ADV INJURY $ 1'000'000 GEN'L AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE $ 2'000'000 POLICY �JECT El LOC 2'000'000 PRODUCTS-COMP/OP AGG $ OTHER: $ AUTOMOBILE LIABILITY COMBINED SINGLE LIMIT $ 1,000,000 Ea accident X ANY AUTO BODILY INJURY(Per person) $ C OWNED SCHEDULED 860360348 07/17/2025 07/17/2026 BODILY INJURY(Per accident) $ AUTOS ONLY AUTOS HIRED NON-OWNED PROPERTY DAMAGE $ AUTOS ONLY AUTOS ONLY Per accident X UMBRELLA LIAB OCCUR EACH OCCURRENCE $ 5'000'000 A EXCESS LIARHCLAIMS-MADE GX000008172-01 09/17/2024 09/17/2025 AGGREGATE $ DED RETENTION$ $ WORKERS COMPENSATION X TATUTE SERH AND EMPLOYERS'LIABILITY YIN 1,000,000 B ANV PROPRIETOR/PARTNER/E?ECUTIVE � NIA 0002116655 09/13/2024 09/13/2025 E.L.EACH ACCIDENT $ OFFICER/MEMBER EXCLUDED. (Mandatory in NH) E.L.DISEASE-EA EMPLOYEE $ 1'000'000 If yes,describe under 1,000,000 DESCRIPTION OF OPERATIONS below E.L.DISEASE-POLICY LIMIT $ Pollution Liability Each Pollution Liabilty $2,000,000 D 9122135 06/13/2025 06/13/2026 Coverage Aggregate $2,000,000 DESCRIPTION OF OPERATIONS/LOCATIONS I VEHICLES(ACORD 101,Additional Remarks Schedule,may be attached If more space is required) The Certificate Holder is an additional insured with respect to General Liability and Auto Liability when required in writing by contract.The General Liability, Auto Liability and Workers Compensation policies include a blanket waiver of subrogation endorsement that provides this feature only when there is a written contract between the additional insured and the certificate holder that requires this.Excess Liability is follow form.Worker's compensation policy includes coverage for The State of Texas.30 day notice of cancellation is on general liability,workers compensation. CERTIFICATE HOLDER CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF,NOTICE WILL BE DELIVERED IN City Manager City of Round Rock,Texas ACCORDANCE WITH THE POLICY PROVISIONS. 221 E.Main St AUTHORIZED REPRESENTATIVE Round Rock TX 78664 ©1988-2015 ACORD CORPORATION. All rights reserved. ACORD 25(2016/03) The ACORD name and logo are registered marks of ACORD