CONTRACTRECOMMENDED

Poway Recommends Release of Hanover Construction Bond

City of Poway logoCity of Poway
Disclosed value
$661,500 material and labor bond
From agendapacket
Document date
Oct 20, 2026

The 30-second brief

What it covers

Poway recommended releasing Hanover Insurance Company's $661,500 material and labor bond for the Annual Channel Rehabilitation project. The City would retain the faithful performance bond for one year.

Who holds it

Hanover Insurance Company holds this insurance contract with City of Poway. Its other public contracts on record include work for Lake Madrone Water District and City of San Jose.

What happens next

Term as filed: Release after release of retention; faithful performance bond retained for one year.

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Contract details

Contract type
Insurance
Amount
$661,500 material and labor bond
Document date
October 20, 2026
Term
Release after release of retention; faithful performance bond retained for one year
Source document
City of Poway AgendaPacket 2026-10-20 (AgendaPacket)

Hanover Insurance Company's other public contracts

More City of Poway contracts

Questions about this contract

Who was awarded the insurance contract by City of Poway?

Hanover Insurance Company was awarded this insurance contract by City of Poway, as recorded on October 20, 2026. The contract value is $661,500 material and labor bond.

How much is the Hanover Insurance Company contract with City of Poway worth?

The Hanover Insurance Company contract with City of Poway is valued at $661,500 material and labor bond, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Poway AgendaPacket 2026-10-20 (AgendaPacket), dated October 20, 2026 from City of Poway. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hanover Insurance Company hold?

Hanover 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.

What is City of Poway currently buying?

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

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