CONTRACTAPPROVED

City of Charleston Awards Insurance Contract to Build America Mutual Assurance Company (July 2026)

City of Charleston logoCity of Charleston
Approved
Jul 6, 2026

The 30-second brief

What it covers

Charleston City Council adopted Resolution No. 26-079 to purchase a Municipal Bond Debt Service Reserve Insurance Policy from Build America Mutual Assurance Company for its Series 2013 A sewer revenue bonds. The BAM policy replaces reserve cash, which can then be redirected to Magazine Branch sewer upgrades and other system improvements.

Who holds it

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

What happens next

Term as filed: Term tied to the life of the Series 2013 A Bonds and reserve requirements.

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Contract details

Contract type
Insurance
Document date
July 6, 2026
Term
Term tied to the life of the Series 2013 A Bonds and reserve requirements
Source document
City of Charleston City Council Minutes 2026-07-06 (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 Charleston?

Build America Mutual Assurance Company was awarded this insurance contract by City of Charleston, as recorded on July 6, 2026.

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 City of Charleston City Council Minutes 2026-07-06 (Minutes), dated July 6, 2026 from City of Charleston. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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.

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