Town Releases Atlantic Specialty From Bayside Project Bonds
Town of MarlboroughCity · Milton, NY- Disclosed value
- $671,832.00 Stormwater Bond; $1,896,748.00 Construction Bond; $168,882.00 Landscape Bond; $747,852.85 Town Road Bond; later reduced to $29,580.00, $271,480.00, $19,786.00, and $0.00 respectively
- From agenda
- Document date
- Apr 13, 2026
The 30-second brief
The Town of Marlborough Town Board approved a resolution releasing Atlantic Specialty Insurance Company from liability under four reduced performance bonds originally totaling more than $3.4 million for Bayside Construction’s mixed-use project. The Town Clerk was directed to return the bond instruments after related land use approvals expired and no further development was proposed.
Atlantic Specialty Insurance Company holds this insurance contract with Town of Marlborough. Its other public contracts on record include work for City of Georgetown and City of Williston.
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Contract details
- Contract type
- Insurance
- Amount
- $671,832.00 Stormwater Bond; $1,896,748.00 Construction Bond; $168,882.00 Landscape Bond; $747,852.85 Town Road Bond; later reduced to $29,580.00, $271,480.00, $19,786.00, and $0.00 respectively
- Document date
- April 13, 2026
- Agency
- Town of Marlborough
- Source document
- Town of Marlborough Town Board Meeting Agenda April 2026 (Agenda)
Atlantic Specialty Insurance Company's other public contracts
More Town of Marlborough contracts
Questions about this contract
Who was awarded the insurance contract by Town of Marlborough?
Atlantic Specialty Insurance Company was awarded this insurance contract by Town of Marlborough, as recorded on April 13, 2026. The contract value is $671,832.00 Stormwater Bond; $1,896,748.00 Construction Bond; $168,882.00 Landscape Bond; $747,852.85 Town Road Bond; later reduced to $29,580.00, $271,480.00, $19,786.00, and $0.00 respectively.
How much is the Atlantic Specialty Insurance Company contract with Town of Marlborough worth?
The Atlantic Specialty Insurance Company contract with Town of Marlborough is valued at $671,832.00 Stormwater Bond; $1,896,748.00 Construction Bond; $168,882.00 Landscape Bond; $747,852.85 Town Road Bond; later reduced to $29,580.00, $271,480.00, $19,786.00, and $0.00 respectively, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Town of Marlborough Town Board Meeting Agenda April 2026 (Agenda), dated April 13, 2026 from Town of Marlborough. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Atlantic Specialty Insurance Company hold?
Atlantic Specialty Insurance Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Marlborough currently buying?
Explore Town of Marlborough's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.