Benefits of Partnership

The Partnership Account™, on-line management system, gives you a very significant edge over
the competition. Now you are able to make last minute changes to your bid bonds. An on-line
security access code and contact with your personal bond administrator and underwriter guarantees confidentiality, security and independence in the management of your surety line of credit. The
surety management system will also provide you with management reports which include bid bond,
performance bond and financial trend history reports. This revolutionary system will directly impact
the bottom line profitability of your business.

Partnership Account™ qualifications

Colonial Surety is most interested in writing contractors whose sales range from 2 million to 8 million dollars in sales. In some cases, we will consider contractors in the 1 to 2 million dollars in sales if most of their work is bonded. We are only interested in Prime General Contractors and Prime Subcontractors for the major trades. We also offer a specialty program for school bus transportation contractors.

Partnership Account™ line of credit documentation

1. General Indemnity Agreement - We require Corporate and Personal Indemnification.
   The General Indemnity Agreement requires a Bank Signature Guarantee of all principals
   and spouses.
2. Partnership Account Indemnity Agreement - We require Corporate and Personal Indemnification . The Partnership Account Indemnity Agreement requires a Bank
   Signature Guarantee of all principals and spouses.
3. Service Undertaking Agreement – Outlines the rates and fees assigned to the account.
4. Contractor's Agency Consent Form.