Collier County Awards Insurance Contract to American Alternative Insurance Corporation (March 2025)
Collier CountyCounty · Naples, FL- Disclosed value
- $3,035,000.00 bond amount
- From contract
- Awarded
- Mar 25, 2025
The 30-second brief
American Alternative Insurance Corporation has provided $3,035,000.00 public payment and performance bonds backing Powerserve Technologies, Inc.’s contract for Collier County’s SCRWTP Electrical Reliability Phase IIB project. The bonds secure contractor performance and payment to labor and material suppliers under Contract No. 25-8339.
American Alternative Insurance Corporation holds this insurance contract with Collier County. Its other public contracts on record include work for Capital District Transportation Authority and City of Sully.
Term as filed: Bonds executed March 24, 2025, remain in force for the duration of the construction contract obligations, including warranty and payment periods, until all claims are satisfied and obligations discharged.
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Contract details
- Contract type
- Insurance
- Amount
- $3,035,000.00 bond amount
- Document date
- March 25, 2025
- Term
- Bonds executed March 24, 2025, remain in force for the duration of the construction contract obligations, including warranty and payment periods, until all claims are satisfied and obligations discharged
- Agency
- Collier County
- Source document
- collier-county-construction-services-agreement_3a6.pdf (Contract)
American Alternative Insurance Corporation's other public contracts
More Collier County contracts
Questions about this contract
Who was awarded the insurance contract by Collier County?
American Alternative Insurance Corporation was awarded this insurance contract by Collier County, as recorded on March 25, 2025. The contract value is $3,035,000.00 bond amount.
How much is the American Alternative Insurance Corporation contract with Collier County worth?
The American Alternative Insurance Corporation contract with Collier County is valued at $3,035,000.00 bond amount, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a contract record.
Where was this contract approved?
This contract appears in collier-county-construction-services-agreement_3a6.pdf (Contract), dated March 25, 2025 from Collier County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does American Alternative Insurance Corporation hold?
American Alternative Insurance Corporation 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 Collier County currently buying?
Explore Collier County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.