City Council May 1, 2012 San Angelo NLC USP

May 2009Strictly Confidential

NLC Service Line Warranty Program

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

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

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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