CONTRACTAPPROVED

City of Byram Awards Insurance Contract to Build America Mutual Assurance Company (September 2026)

City of Byram
Disclosed value
0.480% of the Total Debt Service on the Bonds; aggregate bond principal not to exceed $8,500,000
From minutes
Approved
Sep 10, 2026
Renews
Free account

The 30-second brief

What it covers

Byram approved municipal bond insurance from Build America Mutual Assurance Company for its Series 2026 parks and recreation bonds. The commitment applies a premium of 0.480% of total debt service and expires December 7, 2026, unless renewed.

Who holds it

Build America Mutual Assurance Company holds this insurance contract with City of Byram. Its other public contracts on record include work for Eatonton-Putnam Water And Sewer Authority and East Montgomery County Mud 4.

What happens next

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Contract details

Contract type
Insurance
Amount
0.480% of the Total Debt Service on the Bonds; aggregate bond principal not to exceed $8,500,000
Document date
September 10, 2026
Term
September 9, 2026 – December 7, 2026 commitment period
Renews
On record
Source document
City of Byram Minutes Regular Meeting 2026-09-10 (Minutes)

Build America Mutual Assurance Company's other public contracts

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Questions about this contract

Who was awarded the insurance contract by City of Byram?

Build America Mutual Assurance Company was awarded this insurance contract by City of Byram, as recorded on September 10, 2026. The contract value is 0.480% of the Total Debt Service on the Bonds; aggregate bond principal not to exceed $8,500,000.

How much is the Build America Mutual Assurance Company contract with City of Byram worth?

The Build America Mutual Assurance Company contract with City of Byram is valued at 0.480% of the Total Debt Service on the Bonds; aggregate bond principal not to exceed $8,500,000, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Byram Minutes Regular Meeting 2026-09-10 (Minutes), dated September 10, 2026 from City of Byram. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Build America Mutual Assurance Company hold?

Build America Mutual Assurance 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 City of Byram currently buying?

Explore City of Byram's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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