Atlantic Specialty backs bid bond for Shorewood project
Banner villageCity · IL- Disclosed value
- 5% of the total bid price (bond liability)
- From proposal
- Document date
- Feb 6, 2024
The 30-second brief
Atlantic Specialty Insurance Company serves as surety on the 5% bid bond backing Holiday Sewer & Water Construction Inc.’s proposal for the Valencia Drive Water Main Replacement in Shorewood. The surety commitment provides financial security for the village during the bidding process.
Atlantic Specialty Insurance Company holds this insurance contract with Banner village. Its other public contracts on record include work for City of Georgetown and City of Williston.
Term as filed: Effective as of February 6, 2024 for the bid period.
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Contract details
- Contract type
- Insurance
- Amount
- 5% of the total bid price (bond liability)
- Document date
- February 6, 2024
- Term
- Effective as of February 6, 2024 for the bid period
- Agency
- Banner village
- Source document
- banner-villageproposal2024-02-06_3ad.pdf (Proposal)
Atlantic Specialty Insurance Company's other public contracts
More Banner village contracts
Questions about this contract
Who was awarded the insurance contract by Banner village?
Atlantic Specialty Insurance Company was awarded this insurance contract by Banner village, as recorded on February 6, 2024. The contract value is 5% of the total bid price (bond liability).
How much is the Atlantic Specialty Insurance Company contract with Banner village worth?
The Atlantic Specialty Insurance Company contract with Banner village is valued at 5% of the total bid price (bond liability), covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a proposal record.
Where was this contract approved?
This contract appears in banner-villageproposal2024-02-06_3ad.pdf (Proposal), dated February 6, 2024 from Banner village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Atlantic Specialty Insurance Company hold?
Atlantic Specialty Insurance 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.
What is Banner village currently buying?
Explore Banner village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.