CONTRACTREJECTED

Assured Guaranty Declines Insurance for 2024 Bond Issue

Document date: Apr 24, 2025

What it covers

Chester Water Authority sought a municipal bond insurance policy from Assured Guaranty to support its Proposed 2024 Bond Issue. Assured Guaranty declined to provide coverage, limiting the Authority’s access to conventional capital markets.

Who holds it

Assured Guaranty holds this financial services contract with Chester Water Authority. Its other public contracts on record include work for Contra Costa County and City of Lafayette.

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Contract details

Contract type: Financial Services
Document date: April 24, 2025
Vendor: Assured Guaranty
Agency: Chester Water Authority
Source document: Chester Water Authority Resolution Authorizing Issuance of 2025 Direct Loan Subordinate Bonds 2025-04-24 (Resolution)

Assured Guaranty's other public contracts

Contra Costa County, CaliforniaAssured Guaranty Considered for Lafayette Bond Insurance · Sep 28, 2026null City of Lafayette, CaliforniaAssured Guaranty Named in Refunding Plan · Sep 14, 2026$114.9K Town of Bennett town, ColoradoAssured Guaranty bond insurance for 2026 bonds · Jun 23, 2026Undisclosed Burbank-Glendale-Pasadena Airport Auth, CaliforniaBond Insurance and Reserve Policies Purchased · Jun 15, 2026Undisclosed City of Stockton, CaliforniaCouncil Authorizes FY 2026-27 Payment to Assured Guaranty · Jun 9, 2026Undisclosed All Assured Guaranty contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Chester Water Authority?

Assured Guaranty was awarded this financial services contract by Chester Water Authority, as recorded on April 24, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Chester Water Authority Resolution Authorizing Issuance of 2025 Direct Loan Subordinate Bonds 2025-04-24 (Resolution), dated April 24, 2025 from Chester Water Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Assured Guaranty hold?

Assured Guaranty 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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