Travelers issues surety bonds for Platte road project
Platte City Benefit Assessment Road DistrictSpecial District · Platte City, MO- Disclosed value
- $1,044,022.40 bond penal sum
- From contract
- Document date
- Apr 1, 2024
The 30-second brief
Travelers Casualty and Surety Company of America is providing a $1,044,022.40 performance and payment bond package for Platte County’s 2024 Road Resurfacing contract with Superior Bowen Asphalt Company, LLC. The surety guarantees contract performance and payment to subcontractors and suppliers for the duration of the project.
Travelers Casualty and Surety Company of America holds this insurance contract with Platte City Benefit Assessment Road District. Its other public contracts on record include work for Palmer Plantation Mud 2 and Beachwood City Schools.
Term as filed: For the entire period of construction of the 2024 Road Resurfacing project; suit period up to two years after final payment on performance bond and one year after contractor ceases work on payment bond.
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Contract details
- Contract type
- Insurance
- Amount
- $1,044,022.40 bond penal sum
- Document date
- April 1, 2024
- Term
- For the entire period of construction of the 2024 Road Resurfacing project; suit period up to two years after final payment on performance bond and one year after contractor ceases work on payment bond
- Source document
- Platte County Contract Award 2024 Road Resurfacing - Asphalt April 2024 (Contract)
Travelers Casualty and Surety Company of America's other public contracts
More Platte City Benefit Assessment Road District contracts
Questions about this contract
Who was awarded the insurance contract by Platte City Benefit Assessment Road District?
Travelers Casualty and Surety Company of America was awarded this insurance contract by Platte City Benefit Assessment Road District, as recorded on April 1, 2024. The contract value is $1,044,022.40 bond penal sum.
How much is the Travelers Casualty and Surety Company of America contract with Platte City Benefit Assessment Road District worth?
The Travelers Casualty and Surety Company of America contract with Platte City Benefit Assessment Road District is valued at $1,044,022.40 bond penal sum, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a contract record.
Where was this contract approved?
This contract appears in Platte County Contract Award 2024 Road Resurfacing - Asphalt April 2024 (Contract), dated April 1, 2024 from Platte City Benefit Assessment Road District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Travelers Casualty and Surety Company of America hold?
Travelers Casualty and Surety Company of America 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 Platte City Benefit Assessment Road District currently buying?
Explore Platte City Benefit Assessment Road District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.