CONTRACTAMENDED

Homestake Post-Closure Bond Increased to $86M

South Dakota Minerals and Environment Board | State of South Dakota
Disclosed value
$86,035,509
From minutes
Document date
Mar 18, 2026
Term
Annual automatic one-year extensions
Renews
Free account

The 30-second brief

What it covers

The Board of Minerals and Environment approved a rider from Federal Insurance Company increasing the post-closure surety bond for Homestake Mining Company’s Mine Permits 332 and 456 to $86,035,509 for 2026. The bond continues under annual automatic extensions in line with the board’s bonding schedule.

Who holds it

Federal Insurance Company holds this insurance contract with South Dakota Minerals and Environment Board | State of South Dakota. Its other public contracts on record include work for Township of Freehold and Glendale Heights Police Department.

What happens next

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Contract details

Contract type
Insurance
Amount
$86,035,509
Document date
March 18, 2026
Term
Annual automatic one-year extensions
Renews
On record
Source document
Board of Minerals and Environment Meeting Minutes March 2026 (Minutes)

Federal Insurance Company's other public contracts

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Questions about this contract

Who was awarded the insurance contract by South Dakota Minerals and Environment Board | State of South Dakota?

Federal Insurance Company was awarded this insurance contract by South Dakota Minerals and Environment Board | State of South Dakota, as recorded on March 18, 2026. The contract value is $86,035,509.

How much is the Federal Insurance Company contract with South Dakota Minerals and Environment Board | State of South Dakota worth?

The Federal Insurance Company contract with South Dakota Minerals and Environment Board | State of South Dakota is valued at $86,035,509, 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 Board of Minerals and Environment Meeting Minutes March 2026 (Minutes), dated March 18, 2026 from South Dakota Minerals and Environment Board | State of South Dakota. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Federal Insurance Company hold?

Federal 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.

What is South Dakota Minerals and Environment Board | State of South Dakota currently buying?

Explore South Dakota Minerals and Environment Board | State of South Dakota's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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