Homestake Post-Closure Bond Increased to $86M
South Dakota Minerals and Environment Board | State of South DakotaState · Pierre, SD- Disclosed value
- $86,035,509
- From minutes
- Document date
- Mar 18, 2026
The 30-second brief
The Board of Minerals and Environment approved a rider to Federal Insurance Company's Surety Bond No. 8233-63-10, raising the post‑closure financial assurance for Homestake Mining Mine Permits 332 and 456 to $86,035,509. The bond continues on automatic one‑year extensions under prior board orders.
Federal Insurance Company holds this insurance contract with South Dakota Minerals and Environment Board | State of South Dakota. Its other public contracts on record include work for Township of Freehold and Glendale Heights Police Department.
Term as filed: Automatically extended in one-year periods.
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Contract details
- Contract type
- Insurance
- Amount
- $86,035,509
- Document date
- March 18, 2026
- Term
- Automatically extended in one-year periods
- Source document
- South Dakota Board of Minerals and Environment Meeting Minutes March 18, 2026 (Minutes)
Federal Insurance Company's other public contracts
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Questions about this contract
Who was awarded the insurance contract by South Dakota Minerals and Environment Board | State of South Dakota?
Federal Insurance Company was awarded this insurance contract by South Dakota Minerals and Environment Board | State of South Dakota, as recorded on March 18, 2026. The contract value is $86,035,509.
How much is the Federal Insurance Company contract with South Dakota Minerals and Environment Board | State of South Dakota worth?
The Federal Insurance Company contract with South Dakota Minerals and Environment Board | State of South Dakota is valued at $86,035,509, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a minutes record.
Where was this contract approved?
This contract appears in South Dakota Board of Minerals and Environment Meeting Minutes March 18, 2026 (Minutes), dated March 18, 2026 from South Dakota Minerals and Environment Board | State of South Dakota. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Federal Insurance Company hold?
Federal 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 South Dakota Minerals and Environment Board | State of South Dakota currently buying?
Explore South Dakota Minerals and Environment Board | State of South Dakota's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
