CONTRACTAPPROVED

Alaska Municipal Bond Bank Authority | State of Alaska Awards Insurance Contract to Build America Mutual Assurance (September 2025)

Alaska Municipal Bond Bank Authority | State of Alaska
Disclosed value
Approximately $3.1 million in incremental surety coverage
From agendapacket
Approved
Sep 26, 2025

The 30-second brief

What it covers

The Alaska Municipal Bond Bank Authority secured approximately $3.1 million in additional surety coverage from Build America Mutual Assurance in connection with its 2025 Series Three bonds. The coverage supported the Bond Bank’s 2005 Resolution reserve requirement, and BAM also insured the final maturity.

Who holds it

Build America Mutual Assurance holds this insurance contract with Alaska Municipal Bond Bank Authority | State of Alaska. Its other public contracts on record include work for Howard-Winneshiek Community School District and City of Mitchellville.

What happens next

Term as filed: Coverage associated with the July 23, 2025 bond closing; expiration was not stated.

See who decides the next one before it's bid.

Get pre-RFPs free

Free account · 30-second setup · No credit card

Contract details

Contract type
Insurance
Amount
Approximately $3.1 million in incremental surety coverage
Document date
September 26, 2025
Term
Coverage associated with the July 23, 2025 bond closing; expiration was not stated
Source document
Alaska Municipal Bond Bank Authority AgendaPacket Board of Directors Meeting 2025-09-26 (AgendaPacket)

Build America Mutual Assurance's other public contracts

More Alaska Municipal Bond Bank Authority | State of Alaska contracts

Questions about this contract

Who was awarded the insurance contract by Alaska Municipal Bond Bank Authority | State of Alaska?

Build America Mutual Assurance was awarded this insurance contract by Alaska Municipal Bond Bank Authority | State of Alaska, as recorded on September 26, 2025. The contract value is Approximately $3.1 million in incremental surety coverage.

How much is the Build America Mutual Assurance contract with Alaska Municipal Bond Bank Authority | State of Alaska worth?

The Build America Mutual Assurance contract with Alaska Municipal Bond Bank Authority | State of Alaska is valued at Approximately $3.1 million in incremental surety coverage, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Alaska Municipal Bond Bank Authority AgendaPacket Board of Directors Meeting 2025-09-26 (AgendaPacket), dated September 26, 2025 from Alaska Municipal Bond Bank Authority | State of Alaska. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Build America Mutual Assurance hold?

Build America Mutual Assurance 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 Alaska Municipal Bond Bank Authority | State of Alaska currently buying?

Explore Alaska Municipal Bond Bank Authority | State of Alaska's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →