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HIC Mallory Creek LLC Secures Performance Guarantee

Town of Leland
Disclosed value
$961,035.00
From agenda
Document date
Apr 18, 2024
Term
1 year

The 30-second brief

What it covers

HIC Mallory Creek LLC is seeking approval for a new performance guarantee agreement to ensure the completion of required improvements within Magnolia at Mallory Creek Plantation Phase 3. The company will provide a surety bond from Great American Insurance Company in the amount of $961,035.00, which is 1.25 times the estimated cost of the improvements.

Who holds it

Hic Mallory Creek holds this performance guarantee contract with Town of Leland.

What happens next

Term as filed: 1 year.

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Contract details

Contract type
Performance Guarantee
Amount
$961,035.00
Document date
April 18, 2024
Term
1 year
Vendor
Hic Mallory Creek
Agency
Town of Leland
Source document
town_of_leland_council_regular_meeting_agenda_apri.pdf (Agenda)

Hic Mallory Creek's other public contracts

Town of Leland, North Carolinatown_of_leland_council_regular_meeting_agenda_sept.pdf · Sep 14, 2023$388.5KTown of Leland, North CarolinaHIC Mallory Creek Secures $1.4M Infrastructure Guarantee · Jan 19, 2023$1.4MAll Hic Mallory Creek contractsVendor profile

More Town of Leland contracts

Hic Cypress Cove LLCCouncil Reduces The Townes at Seabrooke Surety Bond · Oct 15, 2026Forestar (USA) Real Estate Group IncLeland Considers Forestar Stormwater Security Agreement · Sep 22, 2026UndisclosedPinewood Ph2 Development LLCLeland Considers Pinewood Stormwater Agreement Transfer · Sep 22, 2026UndisclosedForestar (USA) Real Estate Group IncLeland Considers Forestar Stormwater Security Agreement · Sep 22, 2026UndisclosedC.M. Mitchell Construction Company IncLeland Road Resurfacing Award Planned for C.M. Mitchell · Sep 22, 2026UndisclosedAll Town of Leland activityAgency profile

Questions about this contract

Who was awarded the performance guarantee contract by Town of Leland?

Hic Mallory Creek was awarded this performance guarantee contract by Town of Leland, as recorded on April 18, 2024. The contract value is $961,035.00.

How much is the Hic Mallory Creek contract with Town of Leland worth?

The Hic Mallory Creek contract with Town of Leland is valued at $961,035.00, covering performance guarantee work.

What type of contract is this?

This is a Performance Guarantee contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town_of_leland_council_regular_meeting_agenda_apri.pdf (Agenda), dated April 18, 2024 from Town of Leland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hic Mallory Creek hold?

Hic Mallory Creek 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 Town of Leland currently buying?

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

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