INSURANCEAPPROVED

Bureau County Awards Insurance Contract to Euler Hermes North America Insurance Company (December 2025)

Bureau County Board approved the Updated Decommissioning and Site Restoration Plan Agreement with Euler Hermes North America Insurance Company as bonding company for the Cherry Solar 1, LLC project, securing an initial $401,819 decommissioning bond. The bond will be re-evaluated and updated at specified intervals.

Status
APPROVED
Document date
December 9, 2025
Contract type
INSURANCE
Vendor
Euler Hermes North America Insurance Company
Agency
Bureau County · IL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$401,819.00 (initial decommissioning bond)
Contract type
INSURANCE
Contract term
Decommissioning bond, updated every five years after tenth anniversary of commercial operation; bond release after full decommissioning
Renewal
Bond amount to be updated every five years after the tenth anniversary of commercial operation based on third-party engineering re-evaluation. Bond is held until full decommissioning is completed and all County expenses are satisfied.
Document type
Minutes
Source document
Bureau County Board Minutes December 9 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Bureau County?

Euler Hermes North America Insurance Company was awarded this insurance contract by Bureau County, as recorded on December 9, 2025. The contract value is $401,819.00 (initial decommissioning bond).

How much is the Euler Hermes North America Insurance Company contract with Bureau County worth?

The Euler Hermes North America Insurance Company contract with Bureau County is valued at $401,819.00 (initial decommissioning bond), covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Bureau County Board Minutes December 9 2025 (Minutes), dated December 9, 2025 from Bureau County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Euler Hermes North America Insurance Company hold?

Euler Hermes North America 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.

View Euler Hermes North America Insurance Company's profile

What is Bureau County currently buying?

Explore Bureau County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Bureau County's profile

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