Payment bond secures Waterloo asphalt overlay project
City of WaterlooCity · Waterloo, IA- Disclosed value
- $4,908,656.32
- From contract
- Document date
- Nov 21, 2025
The 30-second brief
Swiss Re Corporate Solutions America Insurance Corporation issues a $4,908,656.32 payment bond securing Aspro, Inc.’s obligations to pay labor and material suppliers on Waterloo’s FY 2025 Asphalt Overlay Program. The surety bond protects the City and project stakeholders from nonpayment risks.
Swiss Re Corporate Solutions America Insurance Corporation holds this insurance contract with City of Waterloo. Its other public contracts on record include work for City of Ridgefield and Meade County.
Term as filed: Effective for the duration of payment obligations under Contract No. 1115.
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Contract details
- Contract type
- Insurance
- Amount
- $4,908,656.32
- Document date
- November 21, 2025
- Term
- Effective for the duration of payment obligations under Contract No. 1115
- Agency
- City of Waterloo
- Source document
- city-of-waterloo-fy-2025-asphalt-overlay-program-contract_b49.pdf (Contract)
Swiss Re Corporate Solutions America Insurance Corporation's other public contracts
More City of Waterloo contracts
Questions about this contract
Who was awarded the insurance contract by City of Waterloo?
Swiss Re Corporate Solutions America Insurance Corporation was awarded this insurance contract by City of Waterloo, as recorded on November 21, 2025. The contract value is $4,908,656.32.
How much is the Swiss Re Corporate Solutions America Insurance Corporation contract with City of Waterloo worth?
The Swiss Re Corporate Solutions America Insurance Corporation contract with City of Waterloo is valued at $4,908,656.32, 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 city-of-waterloo-fy-2025-asphalt-overlay-program-contract_b49.pdf (Contract), dated November 21, 2025 from City of Waterloo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Swiss Re Corporate Solutions America Insurance Corporation hold?
Swiss Re Corporate Solutions America 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 City of Waterloo currently buying?
Explore City of Waterloo's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.