Town Details Reduced Performance Bonds for Bayside Project
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); reduced on May 8, 2023 to $29,580.00 (Stormwater), $271,480.00 (Construction), $19,786.00 (Landscape), $0.00 (Town Road)
- From agenda
- Document date
- Apr 12, 2026
The 30-second brief
The Town of Marlborough documented issuance and subsequent reduction of four performance bonds provided by Atlantic Specialty Insurance Company for the Bayside Construction mixed-use development project. Bond amounts were adjusted in 2023 after a portion of the property was sold to a successor owner.
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); reduced on May 8, 2023 to $29,580.00 (Stormwater), $271,480.00 (Construction), $19,786.00 (Landscape), $0.00 (Town Road)
- Document date
- April 12, 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 12, 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); reduced on May 8, 2023 to $29,580.00 (Stormwater), $271,480.00 (Construction), $19,786.00 (Landscape), $0.00 (Town Road).
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); reduced on May 8, 2023 to $29,580.00 (Stormwater), $271,480.00 (Construction), $19,786.00 (Landscape), $0.00 (Town Road), 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 12, 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.