HomeMy WebLinkAboutContracts & Agreements_145-2026PUBLIC WORK CONSTRUCTION CONTRACT
This Public Work Construction contract ("Contract") is made and entered into this 21' day of July,
2026, by and between the City of Redlands, a municipal corporation, organized and existing under the
laws of the State of California (hereinafter "City"), and Beador Construction Company, Inc., a
California corporation (hereinafter "Contractor"). City and Contractor are sometimes individually
referred to herein as a "Party" and, together, as the "Parties."
In consideration of the mutual promises contained herein, City and Contractor agree as follows:
1. SCOPE OF WORK: Contractor shall furnish all materials and will perform all of the work for
the following: California Street and Redlands Boulevard Intersection Widening Project, Project
No. 252002, complete all items as required by the Contract Documents (as herein defined) and
Specifications for City's California Street and Redlands Boulevard Intersection Widening Project,
Project No. 252002 (the "Work").
2. CONTRACT SUM: City shall pay Contractor the sum of Five Million Five Hundred Thirty -
Seven Thousand Seven Hundred Dollars ($5,537,700.00) as consideration for its performance of
the Work in accordance with the terms and conditions set forth in the Contract Documents.
Pursuant to Public Contract Code Section 22300, Contractor has the option to deposit securities
with an escrow agent as a substitute for retention of earnings required to be withheld by City
pursuant to an escrow agreement as set forth in Public Contract Code section 22300.
3. TIME FOR COMPLETION: The Work shall be completed within one hundred seventy-five
(175) working day(s) as defined in Section 1-2 of the Standard Specifications for Public Works
Construction "Greenbook" from and after the date of City's issuance of a Notice to Proceed to
Contractor.
4. LIQUIDATED DAMAGES: Contractor's failure to complete the Work within the time allowed
will result in damages being sustained by City. Such damages are, and will continue to be,
impracticable and extremely difficult to determine. Accordingly, Contractor shall pay to City, or
have withheld from monies due to Contractor, the sum of five hundred dollars ($500.00) for each
working day as defined in Section 1-2 of the Standard Specifications for Public Works
Construction "Greenbook" in excess of the specified time for completion of the Work. Execution
of this Contract shall constitute agreement by City and Contractor that five hundred dollars
($500.00) per day is the estimated damage to City caused by the failure of Contractor to complete
the work within the allowed time. Such sum is liquidated damages and shall not be construed as a
penalty, and may be deducted from payments due Contractor if such delay occurs.
5. CONTRACT DOCUMENTS: This Contract incorporates by reference the following: Notice
Inviting Bids, Instructions to Bidders, Contractor's Proposal, Bid Bond, Agreement, Performance
Bond, Labor and Material Bond, Plans, General Conditions, Special Provisions and Specifications,
and any addenda thereto (collectively, the "Contract Documents").
6. ATTORNEYS' FEES: In the event any action is commenced to enforce or interpret the terms or
conditions of this Contract, or the Contract Documents, the prevailing Party in such action, in
addition to any costs and other relief, shall be entitled to recover its reasonable attorneys' fees,
including fees for use of in-house counsel by a Party.
7. RESOLUTION OF CONSTRUCTION CLAIMS: Claims by Contractor in the amount of three
hundred seventy-five thousand dollars ($375,000.00) or less shall be made by Contractor and
I
1Aorno\Agreements\A. Beador Construction PW Contractbm.07.022026. FY2728-06.doc
processed by the City pursuant to the provisions of Part 3, Chapter 1, Article 1.5 of the Public
Contract Code (commencing with Section 20104). All claims shall be in writing and include the
documents necessary to substantiate the claim. Nothing in subdivision (a) of Public Contract Code
Section 20tO4.2 shall extend the time limit or supersede the notice requirements provided in this
case from filing claims by Contractor.
8. ELIGIBILITY OF CONTRACTOR/SUBCONTRACTOR: Contractor and all of its
subcontractors shall abide by California Public Contract Code, Section 6109, and California Labor
Code Sections 1777.1 and/or 1777.7, and certify that they are not debarred and are eligible to work
on this project.
9. ASSIGNMENT OF AGREEMENT: No assignment by a Party of any rights or interests under
this Contract shall be binding on another Party without the written consent of the Party sought to
be bound.
10. SUCCESSORS AND ASSIGNS: City and Contractor each binds itself and their respective
successors and assigns in respect to all covenants, agreements, and obligations contained in the
Contract Documents.
It. SEVERABILITY: Any provision or part of the Contract Documents held to be void or
unenforceable under any law or regulation shall be deemed stricken, and all remaining provisions
shall continue to be valid and binding upon City and Contractor.
[See next page]
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C\cmo\Agreements\A. neador Construction PW Contract.bm.07.022026.PY2728-06.doc
IN WITNESS WHEREOF, the Parties hereto have executed this Contract the day and year first
written above.
CITY OF RE LANDS
(SEAL)
By:
Mario Saucedo, Mayor
ATTEST: U�CIT/
ON ,
ne Donaldson, City Clerk SEA: z
David Beador 1i,r+iiiiiO
Name of Contractor
By: (9
Si atur of Authorized Agent
President
Title
Signature of Authorized Agent (if necessary)
Sec -
Title
9 7-0 4 V
Contractor's License No.
3
Clcmo\AgreementslA. Beador Construction PW Contract. bm.07.02.2026. FY2728-06.doc
WORKER'S COMPENSATION INSURANCE CERTIFICATION
Description of Contract: City of Redlands
Municipal Utilities and Engineering Department
California Street and Redlands Blvd. Intersection Widening Project
Project No. 252002
Every employer, except the State, shall secure the payment of compensation in one or more of the
following ways:
a. By being insured against liability to pay compensation by one or more insurers duly
authorized to write compensation insurance in this State.
b. By securing from the Director of Industrial Relations, a certificate of consent to self -
insure, either as an individual employer, or as one employer in a group of employers,
which may be given upon furnishing proof satisfactory to the Director of Industrial
Relations of ability to self -insure and to pay any compensation that may become due
to his or her employees.
ruFrK ()Nv
I am aware of the provisions of Section 3700 of the Labor Code which requires every
employer to be insured against liability for Workers' Compensation or to undertake self-insurance
in accordance with the provisions of that Code, and I will comply with such provisions before
commencing the performance of the work and activities required or permitted under this
Agreement. (Labor Code § 1861).
I affirm that at all times, in performing the work and activities required or permitted under
this Agreement, I shall not employ any person in any manner such that I become subject to the
workers' compensation laws of California. However, at any time, if I employ any person such that I
become subject to the workers' compensation laws of California, immediately 1 shall provide the
City with a certificate of consent to self -insure, or a certification of workers' compensation
insurance.
I certify under penalty of perjury under the laws of the State of California that the information and
representations made in this certificate are true and correct.
Dated this 1j day of .�d. 2026.
David Beador
C T 1 off, (C tor)
'c
`� =5 ORA'r'-- C0 �.
O .'alp 15�.a ( ignat re)
_President
(Official Title)
(SEAL)CA
(Labor Code Section 1861 provld thct����&certificate must be signed and filed by the Contractor with the
Owner prior to performing the work of the contract.)
a
Llcmo\AQreementslA. Beador Construction PW Contract.bm.07.02 2026,FY2728-06.doe
Issued in Duplicate Original Bond No. 2379543Premium: $36,689.00
Subject to Change Based on
Final Contract Price.
FAITHFUL PERFORMANCE BOND
Whereas, the City of Redlands ("City"), State of California, and Beador Construction
Company, Inc. (hereinafter designated as "Principal"), have entered into an agreement dated July
21, 2026 ("Agreement"), whereby Principal agrees to install and complete certain public
improvements (the "Work"), which said Agreement is identified as California Street and Redlands
Boulevard Intersection Widening Project, Project No. 252002 and is hereby referred to and made a
part hereof; and
Whereas, said Principal is required under the terms of the Agreement to furnish a bond for
the faithful performance of the Work, now, therefore, we, the Principal and,
Swiss Re cor rate solutions oration as Surety, are held and firmly bound unto the City in the penal
America Insurance Corp ,
sum of Five Million Five Hundred Thirty -Seven Thousand Seven Hundred Dollars ($5,537,700.00)
lawful money of the United States, for the payment of which sum we bind ourselves, and our heirs,
successors, executors and administrators, jointly and severally, firmly by these presents.
The condition of this obligation is such that if the above bounded Principal, his or its heirs,
executors, administrators, successors or assigns, shall in all things stand to and abide by, and well
and truly keep and perform the covenants, conditions and provisions in the Agreement and any
alteration thereof made as therein provided, on his or its part, to be kept and performed at the time
and in the manner therein specified, and in all respects according to their true intent and meaning,
and shall faithfully fulfill the one-year guarantee of all materials and workmanship, and shall
defend, indemnify and save harmless the City and its elected officials, officers, agents and
employees, as therein stipulated, then this obligation shall become null and void; otherwise it shall
be and remain in full force and effect.
As a part of the obligation secured hereby and in addition to the face amount specified
therefor, there shall be included costs and reasonable expenses and fees, including reasonable
attorneys' fees, incurred by the City in successfully enforcing such obligations, all to be taxed as
costs and included in the judgment rendered.
As a condition precedent to the satisfactory completion of the Work, the above obligation
shall hold good for a period of one (1) year or longer if required by the Agreement after the
acceptance of the work by the City, during which time if the Principal shall fail to make full,
complete, and satisfactory repair and replacements and totally protect the City from loss or damage
made evident during this period from the date of completion of the Work, and resulting from or
caused by defective materials or faulty workmanship, the above obligation in penal sum thereof
shall remain in full force and effect. The obligations of Surety hereunder shall continue so long as
any obligation of the Principal remains.
Whenever the Principal shall be, and is declared by the City to be, in default under the
Agreement, the City having performed the City obligations thereunder, the Surety shall promptly
remedy the default, or shall promptly, at the City's option:
1. Complete the Work in accordance with its terms and conditions; or
2. Obtain a bid or bids for completing the Work in accordance with its terms and
conditions, and upon determination by Surety of the lowest responsive and responsible bidder,
arrange for a contract between such bidder and the City, and make available as work progresses
sufficient funds to pay the cost of completion of the Work less the balance of the Agreement price,
but not exceeding, including other costs and damages for which Surety may be liable hereunder, the
5
1Acmo\Agreements\A. Beador Construction PW Contractbm.07.02,2026FY2728-06.doc
amount set forth above. The term "balance of the Agreement price," as used in this paragraph, shall
mean the total amount payable to the Principal by the City under the Agreement and any
modifications thereto, less the amount previously properly paid by the City to the Principal.
Surety expressly agrees that the City may reject any contractor or subcontractor which may
be proposed by Surety in fulfillment of its obligations in the event of default by the Principal.
Surety shall not utilize the Principal in completing the Work nor shall Surety accept a bid
from the Principal for completion of the Work if the City, when declaring the Principal in default,
notifies Surety of the City's objection to the Principal's further participation in the completion of
the Work.
No right of action shall accrue on the bond to or for the use of any person or corporation
other than the City named herein or the successors or assigns of the City. Any suit under this bond
must be instituted within the applicable statute of limitations period.
The said Surety, for value received, hereby stipulates and agrees that no change, extension
of time, alteration or addition to the terms of the Agreement or to the work to be performed
thereunder or the Specifications accompanying the same shall in any way affect its obligations 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 or to the specifications.
No final settlement between the City and the Principal shall abridge the right of any
beneficiary hereunder whose claim may be unsatisfied.
The Principal and Surety agree that if the City is required to engage the services of any
attorney in connection with the enforcement of this bond, each shall pay the City's reasonable
attorneys' fees incurred, with or without suit, in addition to the above sum.
In witness whereof, this instrument has been duly executed by the Principal and Surety
above named, on July 10 , 2026,
(SEAL)
Beador Construction Company, Inc.
(Contractor)
VYU (Signature)'�Q,�,y ae war
(Seal and Notarial Acknowledgment of
Surety)
ag1 R Uc T,�
p O
C.r .G�¢POR,gT.
f.•Q�
= SEAL �=
m 1998
'•. r
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'fr►rrrrriit�����
Swiss Re Co
(SEAL)
America Insurance Cori
BY. ��-ter yO:.OSyPOlj4� ,ys
(Sig ature aness Ramirez, _iy
Attorney -in act SEAL
Address: clo The Baldwin Grou West1973� ;=c
15901 Red Hill Avenue, Tustin, California 92780 ,*; N°•,.
Telephone ( 714 ) 505-7011
6
11cmo1Agreements\A. Beador Constniction PW Contract.bni.07.02.2026.FY2728-06.doc
ACKNOWLEDGMENT
A notary public or other officer completing this
certificate verifies only the identity of the individual
who signed the document to which this certificate is
attached, and not the truthfulness, accuracy, or
-validity of that document.
State of California
County of Orange
On 1 before me, Jessica Coria, Notary Public
(insert name and title of the officer)
personally appeared David Beador
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are
subscribed to the within instrument and acknowledged to me that he/she/they executed the same in
his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the
person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing
paragraph is true and correct.
1}, , JESSICACORIA
• t - NotaryPublic• California
'
WITNESS my hand and official seal Orange County
T Commission N 2jww
0 y Comm. Expires Feb 23, 2029
Signature
(Seal)
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE § 1189
- ------e-ccs-c-._.. = --- -- -- --
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the
document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
State of California
County of Orange
On J U L 10 2026 before me,
Date
personally appeared
Melissa Annette Lopez, Notary Public
Here Insert Name and Title of the Officer
Vanessa Ramirez
Name(s) of Signer(s)
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are
subscribed to the within instrument and acknowledged to me that Ise/she/#hey' executed the same in
-h s/her:Meii: authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s),
or the entity upon behalf of which the person(s) acted, executed the instrument.
MELISSAANNE17ELOPEZ
Z W Notary Rublic - California
x Orange County r
Commission # 2521857
C12iF00.N�* My Comm. Expires Jun 28, 2029
Place Notary Seal Above
I certify under PENALTY OF PERJURY under the laws
of the State of California that the foregoing paragraph
is true and correct.
WITNESS
Signature
OPTIONAL
Though this section is optional, completing this information can deter alteration of the document or
fraudulent reattachment of this form to an unintended document.
Description of Attaches! Document
Title or Type of Document:
Document Date.
Number of Pages: Signer(s) Other Than Named Above:
Capacity(iies) Claimed by Signers)
Signer's Name:
- Corporate Officer — Title(s):
Partner — .; Limited = General
Individual ❑ Attorney in Fact
Trustee 1 Guardian or Conservator
Other:
Signer Is Representing:
Signer's Name:
Corporate Officer — Title(s):
Partner — G limited F_ General
Individual CI Attorney in Fact
Trustee ❑ Guardian or Conservator
Other:
Signer Is Representing:
020114 National Notary Association • www.NationalNotary.org • 1-800-US NOTARY (1 -800-876-682 7) Item #5907
SWISS RE CORPORATE SOLUTIONS
SWISS RE CORPORATE SOLUTIONS AMERICA rNSURANCE CORPORATION ("SRCSAIC")
SWISS RE CORPORATE SOLUTIONS PREMIER INSURANCE CORPORATION ("SRCSPIC")
GENERAL POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, THAT SRCSAIC, a corporation duly organized and existing under laws of the State of Missouri, anc
having its principal office in the City of Kansas City, Missouri, and SRCSPIC, a corporation organized and existing under the laws of the State of
Missouri and having its principal office in the City of Kansas City, Missouri, each does hereby make, constitute, and appoint:
ERIK JOHANSSON, JENNIFER ANAYA, MELISSA LOPEZ, ALBERT MELENDEZ, JOAQUIN PEREZ, VANESSA RAMIREZ
ZYANYA HERNANDEZ, CHRISTINE STRADFORD, TRACI NAKAGAKI, MARY MARTHA LANGLEY, YU CHENG CHIANG,
and FREDERIC M. ARCHERD, JR. JOINTLY OR SEVERALLY
Its true and lawful Attomey(s)-in-Fact to make, execute, seal and deliver, for and on its behalf and as its act and deed, bonds, consents of surety, or
other writings obligatory in the nature of a bond on behalf of each of said Companies, as surety, on contracts of suretyship as are or may be required
or permitted by law, regulation, contract or otherwise, provided that no bond or undertaking or contract or suretyship executed under this authority
shall exceed the amount of
TWO HUNDRED MILLION ($200,000,000.00) DOLLARS
This Power of Attorney is granted and is signed by facsimile under and by the authority of the following Resolutions adopted by the Boards of
Directors of both SRCSAIC and SRCSAIC at meetings duly called and held on the 1 S's of November 2021:
"RESOLVED, that any two of the President, any Managing Director, any Senior Vice President, any Vice President, the Secretary or any Assistant
Secretary be, and each or any of them hereby is, authorized to execute a Power of Attorney qualifying the attorney named in the given Power of
Attorney to execute on behalf of the Corporation bonds, undertakings and all contracts of surety, and that each or any of them hereby is authorized to
attest to the execution of any such Power of Attorney and to attach therein the seal of the Corporation; and it is
FURTHER RESOLVED, that the signature of such officers and the seal of the Corporation may be affixed to any such Power of Attorney or to
any certificate relating thereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signatures or facsimile seal shall be
binding upon the Corporation when so affixed and in the future with regard to any bond, undertaking or contract of surety to which it is attached."
�d'•Ud�40R�,G�_ 13 _ :ycT', OµPL7
:SEAL . ° n�.;d ��," . sen esiaen of srL�s�lc = 9: SEAL
my &Senior Vice ident of SRCSPIC
1873 'i: stu �bas
try!Sso�SF`� 1d`5P'' sc� •' :6iS90s1P:
�/ ` a+ "
$y 4""�+S*w P
GaE,Hei Jae,tuez, Senior l Prestdeni CSAIC
& Senior vice President SRCSPI
IN WITNESS WHEREOF, SRCSAIC and SRCSPIC have caused their official seals to be .rcunto t-.cd, and these presents to be signed by their authorized
officers this 26th day of Janus , 2026
Swiss Re Corporate Solutions America Insurance Corporation
State of Illinois Swiss Re Corporate Solutions Premier Insurance Corporation
County of Cook ss
On this 26th day of January , 20 26 , before me, a Notary Public personally appeared David Satory, Senior Vice President of SRCSAIC
and Senior Vice President of SRCSPIC, and Gabriel Jacquez, Senior Vice President of SRCSAIC and Senior Vice President of SRCSPIC, personally known to
me, who being by me duly sworn, acknowledged that they signed the above Power of Attorney as officers of and acknowledged said instrument to be the voluntary
act and deed of their respective companies.
OFFICIAL SEAL
KAREN M SZWEDA
Notary Public. Stale of Illinois
Camnissinn Na. 978628
My Caemiselim ENpim Seplerlther 26. 2021
Karen . Szweda, Notary
1, Jeffrey Goldberg, the duly elected Senior Vice President and Assistant Secretary of SRCSAIC and SRCSPIC, do hereby certify that the above and foregoing is
a true and correct copy of a Power of Attorney given by said SRCSAIC and SRCSPIC, which is still in full force and effect.
IN WITNESS WHEREOF, l have set my hand and affixed the seals o£the Companies this 1 Oth day of __ 4uly_ , 20 26
Jeffrey Goldberg, Senior Vice President &
Assistant Secretary of SRCSAIC & SRCSPIC
Issued in Duplicate Original
LABOR AND MATERIAL BOND
Bond No. 2379543
Premium Included in Cost
of the Performance Bond.
Whereas, the City Council of the City of Redlands, State of California, and Beador
Construction Company, Inc. (hereinafter designated as "Principal"), have entered into an agreement
(the "Agreement") whereby Principal agrees to install and complete certain designated public
improvements (the "Work"), which said agreement, dated July 21, 2026, and identified as California
Street and Redlands Boulevard Intersection Widening Project, Project No. 252002 is hereby referred
to and made a part hereof-, and
Whereas, under the terms of the Agreement, Principal is required before commencing the
performance of the Work, to file a good and sufficient Labor and Material bond with the City of
Redlands to secure the claims to which .reference is made in Title 3 (commencing with Section
9550) of Part 6 of Division 4 of the Civil Code of the State of California.
Now, therefore, said Principal and the undersigned as corporate surety, are held firmly
bound unto the City and all contractors, subcontractors, laborers, material men and other persons
employed in the performance of the Agreement and referred to in the aforesaid Code of Civil
Procedure in the sum of Five Million Five Hundred Thirty -Seven Thousand Seven Hundred Dollars
($5,537,700.00) for materials furnished or labor thereon of any kind, or for amounts due under the
Unemployment Insurance Act with respect to such work or labor, that said surety will pay the same
in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon
this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees,
including reasonable attorneys' fees, incurred by the City in successfully enforcing such obligation,
to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment
therein rendered.
It is hereby expressly stipulated and agreed that this bond shall insure to the benefit of any
and all persons, companies and corporations entitled to file claims under Title 3 (commencing with
Section 9550) of Part 6 of Division 4 of the Civil Code, so as to give a right of action to them or
their assigns in any suit brought upon this bond.
Should the condition of this bond be fully performed, then this obligation shall become null
and void, otherwise it shall be and remain in full force and effect.
The surety hereby stipulates and agrees that no change, extension of time, alteration or
addition to the terms of the Agreement or the specifications accompanying the same shall in any
manner affect its obligations on this bond, and it does hereby waive notice of any such change,
extension of time, alteration or addition.
In witness whereof, this instrument has been duly executed by the Principal and surety
above named, on July 10 , 2026.
(SEAL) (SEAL)
Beador Construction Company, Inc. Swiss Re Car o ions America Insurance Corporation
(Contractor urety) oµs'
an Vessa Ramirez,=�; 'gx=
t t t t r t t lr (Signature) V- , Aev4- (Signatur rney-in-Fact �; m
Address: c/o The Baldwin G oup,1973
S A
a t'lotarial Acknowledgement of Surety) 15901 Red Hill Avenue, Tustin, Califo is 92780 "•ss; •sso�?.. ��,:
CIOF Telephone: ( 714 ) 505-7011
- SEAL. z =
7
C •.];�cp6\A,,N"slA. SeadorConstnution PW Contract.bm.07.02.2026.FY2728-06.doc
�rrrrnttttt��
ACKNOWLEDGMENT
A notary public or other officer completing this
certificate verifies only the identity of the individual
who signed the document to which this certificate is
attached, and not the truthfulness, accuracy, or
validity of that document.
State of California
County of Orange
On N) Vk ILO' 7.f„ before me, Jessica Coria, Notary Public
(insert name and title of the
personally appeared David Beador
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are
subscribed to the within instrument and acknowledged to me that he/she/they executed the same in
his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the
person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing
paragraph is true and correct.
`'* JESSICA COAIA
WITNESS my hand and official seal. s Nara Ore�Cjbli Public
£ Commission N 2482750
° " My Comm. 6XPlres Feb 23, 202$
Signature �`� (Seal)
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE § 1189
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the
document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
State of California
County of Orange
On ,202g before me, Melissa Annette Lopez, Notary Public
Date Here Insert Name and Title of the Officer
personally appeared Vanessa Ramirez
Name(s) of Signer(s)
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/ffe
subscribed to the within instrument and acknowledged to me that he/she/thl tt executed the same in
- +s/her:Aheif authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s),
or the entity upon behalf of which the person(s) acted, executed the instrument.
MELISSAANNE17E LME2
t Notary Public - California
u :
� orange County
Commission # 2521857
MmIRI-V
y Comm. Expires Jun 28, 2029
r
I certify under PENALTY OF PERJURY under the laws
of the State of California that the foregoing paragraph
is true and correct.
WITNESS my hand and official
Signature
Signature of
Place Notary Seal Above
OPTIONAL
Though this section is optional, completing this information can deter alteration of the document or
fraudulent reattachment of this form to an unintended document.
Description of Attached Document
Title or Type of Document: Document Date:
Number of Pages: Signer(s) Other Than Named Above,
Capacity(ies) Claimed by Signer(s)
Signer's Name:
Corporate Officer — Title(s):
Partner —i Limited - General
-! Individual ❑ Attorney in Fact
Trustee ❑ Guardian or Conservator
W Other:
Signer Is Representing:
Signer's Name:
Corporate Officer — Title(s):
-. Partner — C Limited L' General
Individual i lI Attorney in Fact
Trustee i1 Guardian or Conservator
Other:
Signer Is Representing:
020114 National Notary Association • www,NationaiNotary.org • 1-800-US NOTARY (1-800-876-6827) Item #5907
SWISS RE CORPORATE SOLUTIONS
SWISS RE CORPORATE SOLUTIONS AMERICA LNSURANCE CORPORATION ("SRCSAIC")
SWISS RE CORPORATE SOLUTIONS PREMIER INSURANCE CORPORATION ("SRCSPIC")
GENERAL POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, THAT SRCSAIC, a corporation duly organized and existing under laws of the State of Missouri, and
having its principal office in the City of Kansas City, Missouri, and SRCSPIC, a corporation organized and existing under the laws of the State of
Missouri and having its principal office in the City of Kansas City, Missouri, each does hereby make, constitute, and appoint:
ERIK JOHANSSON, JENNIFER ANAYA, MELISSA LOPEZ, ALBERT MELENDEZ, JOAQUIN PEREZ, VANESSA RAMIREZ
ZYANYA HERNANDEZ, CHRISTINE STRADFORD, TRACI NAKAGAKI, MARY MARTHA LANGLEY, YU CHENG CHIANG,
and FREDERIC M. ARCHERD, JR. JOINTLY OR SEVERALLY
Its true and lawful Attorney(s)-in-Fact, to make, execute, seal and deliver, for and on its behalf and as its act and deed, bonds, consents of surety, or
other writings obligatory in the nature of a bond on behalfof each of said Companies, as surety, on contracts of suretyship as are or may be required
or permitted by law, regulation, contract or otherwise, provided that no bond or undertaking or contract or suretyship executed under this authority
shall exceed the amount of
TWO HUNDRED MILLION ($200,000,000.00) DOLLARS
This Power of Attorney is granted and is signed by facsimile under and by the authority of the following Resolutions adopted by the Boards of
Directors of both SRCSAIC and SRCSPIC at meetings duly called and held on the IS' of November 2021:
"RESOLVED, that any two of the President, any Managing Director, any Senior Vice President, any Vice President, the Secretary or any Assistant
Secretary be, and each or any of them hereby is, authorized to execute a Power of Attorney qualifying the attorney named in the given Power of
Attorney to execute on behalf of the Corporation bonds, undertakings and all contracts of surety, and that each or any of them hereby is authorized to
attest to the execution of any such Power of Attorney and to attach therein the seal of the Corporation; and it is
FURTHER RESOLVED, that the signature of such officers and the seal of the Corporation may be affixed to any such Power of Attorney or to
any certificate relating thereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signatures or facsimile seal shall be
binding upon the Corporation when so affixed and in the future with regard to any bond, undertaking or contract of surety to which it is attached."
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S E A L V � 'ssam . sra, rnaor SIiCSAtC = 'SEAL
��i &Seneolar Vice ideal or SRCSPesp IC s�S
1973
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Gnbrid Jac,— Senior 'If Pr.....i CSAW
& SeaFar VFce Preaideno SRCSPI
IN W ITNESS WHEREOF, SRCSAIC and SRCSPIC have caused their official seals to be icreunto fixed, and these presents to be signed by their authorized
officers this _26th dad of January 2026
Swiss Re Corporate Solutions America Insurance Corporation
State of Illinois Swiss Re Corporate Solutions Premier Insurance Corporation
County of Cook ss
On this 26th day of_JanuaEy , 2026 before me, a Notary Public personally appeared David Satory, Senior Vice President of SRCSAIC
and Senior Vice President of SRCSPIC, and Gabriel Jacquez, Senior Vice President of SRCSAIC and Senior Vice President of SRCSPIC, personally known to
me, who being by me duly sworn, acknowledged that they signed the above Power of Attorney as officers of and acknowledged said instrument to be the voluntary
act and deed of their respective companies.
OFFICIAL SEAL
KAREN M SZWEDA
Nolmy Public, State of Illinois
CormM%rion No. 978628
My CatndWon Expires September 26, 2027
Karen . Szweda, Notary
I, Jeffrey Goldberg, the duly elected Senior Vice President and Assistant Secretary of SRCSAIC and SRCSPIC, do hereby certify that the above and foregoing is
a true and correct copy of a Power of Attorney given by said SRCSAIC and SRCSPIC, which is still in full force and effect.
IN W ITNES S WHEREOF, 1 have set my hand and affixed the seals of the Companies this 1 Oth d a y of ___ `) U ly 20 26
Jeffrey Goldberg, Senior Vice President &
Assistant Secretary ofSRCSAIC & SRCSPIC