City Council May 1, 2012 San Angelo NLC USP
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Transcript of City Council May 1, 2012 San Angelo NLC USP
![Page 1: City Council May 1, 2012 San Angelo NLC USP](https://reader036.fdocuments.us/reader036/viewer/2022070313/55490ba2b4c9056b458b9cfa/html5/thumbnails/1.jpg)
May 2009Strictly Confidential
NLC Service Line Warranty Program
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Who Is USP
Headquartered in Canonsburg, PA,One of the largest independent providers of service line warranties in North America.
USP is a portfolio company of Macquarie Capital, part of Macquarie Group Limited, one of the world's largest owners and managers of utility and infrastructure assets with over $300 billion in assets under management worldwide
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Who Is USP
USP is proud to have been selected as both an NLC and NCTCOG Enterprise Programs Partner
Over 125 Cities Participating NationwideAbilene, Midland, Odessa, Phoenix, Atlanta, Milwaukee, Plano, etc.
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NLC Service Line Warranty Program ProductsExternal water line and sewer line warranties
Provide repairs on broken or leaking outside water or sewer lines typically not covered by homeowners insurance
No restrictions on the number of repairs performed– full benefit of coverage provided on every repair
Low monthly cost – NO deductibles or service fees
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Program Benefits
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$35,000
Program endorsed by multiple state municipal leagues
Proven Track Record (over 125 U.S. partnership cities and millions of homes with access to service nationwide)
Quick and Responsive Repairs
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Program Benefits
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100% Optional for Homeowners (Awareness Campaign)
20% to 35% of homeowners will participate within 3 – 5 Years (Houston C.M. Bradford)
Over $31 million in claims over past 8 years
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Program Benefits Cont.
NO COST for the city to participate
Peace of mind and protection for your residents
Easy implementation
Affordable rates for residents
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Program Benefits Cont.
All repairs performed to local code
Generates revenue for your city
Service from trusted city-based contractors
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