CONTRACTAPPROVED

City of Rock Rapids Awards Insurance Contract to Build America Mutual Assurance Company (April 2026)

City of Rock Rapids logoCity of Rock Rapids
Approved
Apr 13, 2026
Renews
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The 30-second brief

What it covers

Rock Rapids’ $2,500,000 General Obligation Capital Loan Notes, Series 2026, will be insured by Build America Mutual Assurance Company under a municipal bond insurance policy. The policy guarantees scheduled principal and interest payments and grants BAM certain rights if the City defaults.

Who holds it

Build America Mutual Assurance Company holds this insurance contract with City of Rock Rapids. Its other public contracts on record include work for Eatonton-Putnam Water And Sewer Authority and City of Byram.

What happens next

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Contract details

Contract type
Insurance
Document date
April 13, 2026
Term
Through final maturity of Series 2026 notes (June 1, 2035) or policy expiration
Renews
On record
Source document
City of Rock Rapids Council Meeting Agenda April 13 2026 (Agenda)

Build America Mutual Assurance Company's other public contracts

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Questions about this contract

Who was awarded the insurance contract by City of Rock Rapids?

Build America Mutual Assurance Company was awarded this insurance contract by City of Rock Rapids, as recorded on April 13, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Rock Rapids Council Meeting Agenda April 13 2026 (Agenda), dated April 13, 2026 from City of Rock Rapids. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Build America Mutual Assurance Company hold?

Build America Mutual Assurance 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.

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