Port and ERH release $1M Safeco performance bond

The Port of Tacoma and Environmental Resource Holdings, Inc. executed a Release of Bond to Safeco Insurance Company, fully releasing Bond #6297633 in the amount of $1,000,000 that secured Hylebos Waterfront Property, LLC’s performance under the 2004 Hylebos Waterway SMA 421-B agreement. The release is granted even though EPA approval of the Remedial Action Construction Report remains outstanding.

Scope & details

The full contract record, as filed.

Contract amount

$1,000,000

Contract type

INSURANCE

Renewal

This action releases, rather than renews, Bond #6297633 associated with the 2004 SMA 421-B remediation agreement; no renewal or extension is contemplated.

Document type

Agreement

Source document

Port of Tacoma Agreement First Amendment to Agreement Regarding Hylebos Waterway SMA 421-B RD/RA Activities and Excess NCD Site Capacity 2026-08-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Port Of Tacoma?

Safeco Insurance Company was awarded this insurance contract by Port Of Tacoma, as recorded on August 1, 2026. The contract value is $1,000,000.

How much is the Safeco Insurance Company contract with Port Of Tacoma worth?

The Safeco Insurance Company contract with Port Of Tacoma is valued at $1,000,000, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Port of Tacoma Agreement First Amendment to Agreement Regarding Hylebos Waterway SMA 421-B RD/RA Activities and Excess NCD Site Capacity 2026-08-01 (Agreement), dated August 1, 2026 from Port Of Tacoma. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Safeco Insurance Company hold?

Safeco 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.

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What is Port Of Tacoma currently buying?

Explore Port Of Tacoma's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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