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NLC Service Line
Warranty Program



May 2009
S trictly C onfid e ntial
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


                                                    2
Who Is USP
USP is proud to have been
 selected as both an NLC
 and NCTCOG Enterprise
 Programs Partner
Over 125 Cities
 Participating Nationwide
 Abilene, Midland, Odessa,
 Phoenix, Atlanta, Milwaukee,
 Plano, etc.


                                3
NLC Service Line Warranty
Program Products
External 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
                                                4
Program Benefits
 $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


                                                       6
Program Benefits

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




                                                7
Program Benefits Cont.

 NO COST for the city to participate

 Peace of mind and protection for your residents

 Easy implementation

 Affordable rates for residents




                                                    8
Program Benefits Cont.

 All repairs performed to local code

 Generates revenue for your city

 Service from trusted city-based contractors




                                                9
City Council May 1, 2012 San Angelo NLC USP

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City Council May 1, 2012 San Angelo NLC USP

  • 1. NLC Service Line Warranty Program May 2009 S trictly C onfid e ntial
  • 2. 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 2
  • 3. Who Is USP USP is proud to have been selected as both an NLC and NCTCOG Enterprise Programs Partner Over 125 Cities Participating Nationwide Abilene, Midland, Odessa, Phoenix, Atlanta, Milwaukee, Plano, etc. 3
  • 4. NLC Service Line Warranty Program Products External 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 4
  • 5.
  • 6. Program Benefits  $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 6
  • 7. Program Benefits 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 7
  • 8. Program Benefits Cont.  NO COST for the city to participate  Peace of mind and protection for your residents  Easy implementation  Affordable rates for residents 8
  • 9. Program Benefits Cont.  All repairs performed to local code  Generates revenue for your city  Service from trusted city-based contractors 9