INSURANCEAPPROVED

City of Ilwaco Awards Insurance Contract to Merchants National Bonding Inc (June 2026)

Merchants National Bonding, Inc. is providing performance and payment bonds totaling $1,162,947.77 to secure Sierra Santa Fe Corporation’s obligations on Ilwaco’s 2025 Red Town Initiative rebid project. The bonds protect the City against nonperformance and nonpayment risks associated with the construction contract.

Status
APPROVED
Document date
June 16, 2026
Contract type
INSURANCE
Vendor
Merchants National Bonding Inc
Agency
City of Ilwaco · WA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,162,947.77 (bond amount for each of performance and payment bonds)
Contract type
INSURANCE
Renewal
Single project surety bonds tied to completion of the 2025 Red Town Initiative rebid contract; they become null and void upon full performance and payment and are not renewable instruments.
Document type
AgendaPacket
Source document
City of Ilwaco AgendaPacket Special Council Meeting 2026-06-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Ilwaco?

Merchants National Bonding Inc was awarded this insurance contract by City of Ilwaco, as recorded on June 16, 2026. The contract value is $1,162,947.77 (bond amount for each of performance and payment bonds).

How much is the Merchants National Bonding Inc contract with City of Ilwaco worth?

The Merchants National Bonding Inc contract with City of Ilwaco is valued at $1,162,947.77 (bond amount for each of performance and payment bonds), covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Ilwaco AgendaPacket Special Council Meeting 2026-06-16 (AgendaPacket), dated June 16, 2026 from City of Ilwaco. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Merchants National Bonding Inc hold?

Merchants National Bonding 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.

View Merchants National Bonding Inc's profile

What is City of Ilwaco currently buying?

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

View City of Ilwaco's profile

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