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INSURANCEAPPROVED

City of Pella City Council Meeting Agenda February 2026

IMT Insurance Performance Bond for Alley Project

$276,090.25 (bond value)City of PellaIMT INSURANCE COMPANYFebruary 3, 2026

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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

Description

IMT Insurance Company issued the required performance, payment, and maintenance bonds for the City of Pella's Community Center Alley Reconstruction, guaranteeing contractor obligations up to $276,090.25.

Contract Details

Contract Amount

$276,090.25 (bond value)

Vendor

IMT INSURANCE COMPANY

Agency

City of Pella, IA

Contract Type

INSURANCE

Document Date

February 3, 2026

Contract Term

Bond effective January 26, 2026, covers all construction work and four-year maintenance

Renewal Date

2030-07-17

Renewal Info

Maintenance bond continues for four years after project completion.

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