INSURANCERECOMMENDED

College Seeks Approval of $6M Treasurer Bond

Sauk Valley Community College is being asked to approve a Fiscal Year 2027 Public Official Bond issued by Hartford Fire Insurance Company for $6,000,000 in coverage for the College Treasurer. The bond provides surety protection against loss or misuse of public funds and satisfies statutory requirements under the Illinois Public Community College Act.

Status
RECOMMENDED
Document date
July 27, 2026
Contract type
INSURANCE
Vendor
Hartford Fire Insurance Company
Agency
Sauk Valley Community College · IL

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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
$6,000,000
Contract type
INSURANCE
Contract term
June 30, 2026 – June 30, 2027 (Fiscal Year 2027)
Renewal date
2027-06-30
Renewal
Bond provides coverage for the Treasurer’s term from June 30, 2026 through June 30, 2027 and may be terminated early by the surety or the college with 30 days’ written notice; future fiscal years would require separate bonds or renewals.
Document type
StaffReport
Source document
Sauk Valley Community College StaffReport FY27 Treasurers Bond 2026-07-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Sauk Valley Community College?

Hartford Fire Insurance Company was awarded this insurance contract by Sauk Valley Community College, as recorded on July 27, 2026. The contract value is $6,000,000.

How much is the Hartford Fire Insurance Company contract with Sauk Valley Community College worth?

The Hartford Fire Insurance Company contract with Sauk Valley Community College is valued at $6,000,000, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Sauk Valley Community College StaffReport FY27 Treasurers Bond 2026-07-27 (StaffReport), dated July 27, 2026 from Sauk Valley Community College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hartford Fire Insurance Company hold?

Hartford Fire 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.

View Hartford Fire Insurance Company's profile

What is Sauk Valley Community College currently buying?

Explore Sauk Valley Community College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Sauk Valley Community College's profile

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