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AGM Provides Insurance for Key DTR Bond Issues

Metropolitan Washington Airports Authority (MWAA) logoMetropolitan Washington Airports Authority (MWAA)
Disclosed value
$424,725,000 insured (Series 2022A); $330,105,000 insured (Series 2022B); $300,000,000 insured (Series 2019B)
From report
Document date
Apr 1, 2023

The 30-second brief

What it covers

The Metropolitan Washington Airports Authority relies on AGM bond insurance for several key Dulles Toll Road revenue bond series, insuring over $1 billion in principal. This ongoing insurance arrangement enhances credit ratings and reduces borrowing costs for the enterprise.

Who holds it

AGM holds this insurance contract with Metropolitan Washington Airports Authority (MWAA). Its other public contracts on record include work for Broadalbin-Perth Central School District.

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Contract details

Contract type
Insurance
Amount
$424,725,000 insured (Series 2022A); $330,105,000 insured (Series 2022B); $300,000,000 insured (Series 2019B)
Document date
April 1, 2023
Vendor
AGM
Agency
Metropolitan Washington Airports Authority (MWAA)
Source document
mwaa-financial-advisors-report-dulles-corridor-enterprise_564.pdf (Report)

AGM's other public contracts

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Questions about this contract

Who was awarded the insurance contract by Metropolitan Washington Airports Authority (MWAA)?

AGM was awarded this insurance contract by Metropolitan Washington Airports Authority (MWAA), as recorded on April 1, 2023. The contract value is $424,725,000 insured (Series 2022A); $330,105,000 insured (Series 2022B); $300,000,000 insured (Series 2019B).

How much is the AGM contract with Metropolitan Washington Airports Authority (MWAA) worth?

The AGM contract with Metropolitan Washington Airports Authority (MWAA) is valued at $424,725,000 insured (Series 2022A); $330,105,000 insured (Series 2022B); $300,000,000 insured (Series 2019B), covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in mwaa-financial-advisors-report-dulles-corridor-enterprise_564.pdf (Report), dated April 1, 2023 from Metropolitan Washington Airports Authority (MWAA). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does AGM hold?

AGM 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 Metropolitan Washington Airports Authority (MWAA) currently buying?

Explore Metropolitan Washington Airports Authority (MWAA)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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