Town Secures Maintenance Bond for Phase 2D Utilities
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Description
A $119,343.63 maintenance bond backed by FCCI Insurance Company covers utilities installed in Hammock Oaks Phase 2D, ensuring repair and maintenance for two years following conveyance to Lady Lake.
Contract Details
Contract Amount
$119,343.63 (maintenance bond for Hammock Oaks Phase 2D)
Vendor
FCCI INSURANCE COMPANY
Agency
Town of Lady Lake, FL
Contract Type
INSURANCE
Document Date
December 15, 2025
Contract Term
2 years, commencing December 15, 2025
Renewal Date
2027-12-15
Renewal Info
Bond can be petitioned for release at term end after satisfactory repairs. No automatic renewal.
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