City of Newton Awards $17,870 Bond Insurance Contract to Assured Guaranty (April 2025)
City of NewtonCity · Newton, IA- Disclosed value
- $17,869.65
- From resolution
- Approved
- Apr 21, 2025
The 30-second brief
Assured Guaranty Inc. will receive $17,869.65 from the loan proceeds to provide a municipal bond insurance policy for the City of Newton's $5,240,000 General Obligation Corporate Purpose Bonds, Series 2025A. This insurance ensures the scheduled payments of principal and interest on the bonds.
Assured Guaranty holds this bond insurance contract with City of Newton. Its other public contracts on record include work for Contra Costa County and City of Lafayette.
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Contract details
- Contract type
- Bond Insurance
- Amount
- $17,869.65
- Document date
- April 21, 2025
- Term
- NA
- Vendor
- Assured Guaranty
- Agency
- City of Newton
- Source document
- city-of-newton-resolution-authorizing-loan-agreement-and-bonds_ca3.pdf (Resolution)
Assured Guaranty's other public contracts
More City of Newton contracts
Questions about this contract
Who was awarded the bond insurance contract by City of Newton?
Assured Guaranty was awarded this bond insurance contract by City of Newton, as recorded on April 21, 2025. The contract value is $17,869.65.
How much is the Assured Guaranty contract with City of Newton worth?
The Assured Guaranty contract with City of Newton is valued at $17,869.65, covering bond insurance work.
What type of contract is this?
This is a Bond Insurance contract, documented as a resolution record.
Where was this contract approved?
This contract appears in city-of-newton-resolution-authorizing-loan-agreement-and-bonds_ca3.pdf (Resolution), dated April 21, 2025 from City of Newton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Assured Guaranty hold?
Assured Guaranty 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 City of Newton currently buying?
Explore City of Newton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.