INSURANCERECOMMENDED

Lemon Grove Reviews Bond Release for Storm Drain Project

Lemon Grove recommended releasing Merchants Bonding Company's $139,106.72 payment bond for the completed storm drain project while retaining the performance bond for one year. The action accompanies project acceptance and closeout.

Document date · September 15, 2026

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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
Payment Bond: $139,106.72; retention of Performance Bond for one year
Contract type
INSURANCE
Contract term
Performance Bond retained for one year
Renewal date
2027-09-15
Renewal
Performance Bond retained for one year; payment bond release authorized as part of project closeout.
Document type
StaffReport
Source document
City of Lemon Grove StaffReport Acceptance and Notice of Completion - Davidson Ave Storm Drain Improvement Project 2026-09 2026-09-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Lemon Grove?

Merchants Bonding Company was awarded this insurance contract by City of Lemon Grove, as recorded on September 15, 2026. The contract value is Payment Bond: $139,106.72; retention of Performance Bond for one year.

How much is the Merchants Bonding Company contract with City of Lemon Grove worth?

The Merchants Bonding Company contract with City of Lemon Grove is valued at Payment Bond: $139,106.72; retention of Performance Bond for one year, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Lemon Grove StaffReport Acceptance and Notice of Completion - Davidson Ave Storm Drain Improvement Project 2026-09 2026-09-15 (StaffReport), dated September 15, 2026 from City of Lemon Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Merchants Bonding Company hold?

Merchants Bonding 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 City of Lemon Grove currently buying?

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