Twp HSD 113 Agenda Regular Board Meeting 2026-06-23
Special Surety Bond Rider for 2025 Bonds Approved with CLIC
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Description
CLIC will provide a special issue surety bond penalty rider in the amount of $1,988,574 for unspent 2025 Health Life Safety Bond funds, ensuring regulatory compliance.
Contract Details
Contract Amount
$1,988,574
Vendor
COLLECTIVE LIABILITY INSURANCE COOPERATIVE (CLIC)
Agency
Twp HSD 113, IL
Contract Type
INSURANCE
Document Date
June 19, 2026
Contract Term
2026–2027 fiscal year
Renewal Date
2027-06-30
Renewal Info
Bond rider amount recalculated annually as required.
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