Royal Oak Schools Proposal for Oak Ridge Elementary Renovation 2026-04-29
Cincinnati Insurance Provides Surety for School Bid Bond
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Description
The Cincinnati Insurance Company issued a bid bond as surety for City Contracting Services Inc’s bid on the Oak Ridge Elementary renovation, guaranteeing five percent of the bid amount to Royal Oak Schools. The bond secures the district against default if the contractor fails to enter into the construction contract upon award.
Contract Details
Contract Amount
Five percent of amount bid (5%) bid bond
Vendor
CINCINNATI INSURANCE COMPANY
Agency
Royal Oak Schools, MI
Contract Type
INSURANCE
Document Date
April 29, 2026
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