Maintenance Surety Bond For Oak Park Estates Released
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Description
Great Midwest Insurance Company provided a $707,708.23 maintenance bond guaranteeing Oak Park Estates subdivision infrastructure for an 18‑month period. County staff now recommend the Board approve release of the surety following satisfactory inspections.
Contract Details
Contract Amount
$707,708.23
Vendor
GREAT MIDWEST INSURANCE COMPANY
Agency
Hernando County, FL
Contract Type
INSURANCE
Document Date
February 3, 2026
Contract Term
18 months from the date established by the County for the beginning of the maintenance period
Renewal Info
Single-term maintenance surety bond tied to subdivision improvements; eligible for release after successful completion of the 18‑month maintenance period and County acceptance.
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Hernando County Board of County Commissioners Regular Meeting Agenda 2026-06-09
Hernando County Board of County Commissioners Regular Meeting Agenda 2026-06-09
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