CONTRACTAPPROVED

City of Merrill Awards Insurance Contract to Assured Guaranty Inc (May 2026)

City of Merrill logoCity of Merrill
Disclosed value
$32,697.50 (bond insurance premium paid by underwriter)
From minutes
Approved
May 12, 2026
Renews
Free account

The 30-second brief

What it covers

Assured Guaranty Inc. is providing bond insurance on the City of Merrill’s $5,470,000 General Obligation Promissory Notes, Series 2026A, enhancing the issue to an insured AA rating. The insurance covers note payments through the 2041 final maturity, with the premium paid by the underwriter.

Who holds it

Assured Guaranty Inc holds this insurance contract with City of Merrill. Its other public contracts on record include work for Marion County School District and Harris County Mud 189.

What happens next

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Contract details

Contract type
Insurance
Amount
$32,697.50 (bond insurance premium paid by underwriter)
Document date
May 12, 2026
Term
Covers $5,470,000 General Obligation Promissory Notes, Series 2026A for their life (to November 1, 2041)
Renews
On record
Source document
City of Merrill Common Council Meeting Minutes May 12 2026 (Minutes)

Assured Guaranty Inc's other public contracts

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Questions about this contract

Who was awarded the insurance contract by City of Merrill?

Assured Guaranty Inc was awarded this insurance contract by City of Merrill, as recorded on May 12, 2026. The contract value is $32,697.50 (bond insurance premium paid by underwriter).

How much is the Assured Guaranty Inc contract with City of Merrill worth?

The Assured Guaranty Inc contract with City of Merrill is valued at $32,697.50 (bond insurance premium paid by underwriter), 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 City of Merrill Common Council Meeting Minutes May 12 2026 (Minutes), dated May 12, 2026 from City of Merrill. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Assured Guaranty Inc hold?

Assured Guaranty Inc 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 City of Merrill currently buying?

Explore City of Merrill's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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