Surety Finalizes Bond Obligations for Generator Project
- Disclosed value
- Penal sum $326,652.00; payment of $13,419.87 to Obligee
- From agreement
- Document date
- Jun 1, 2025
The 30-second brief
American Alternative Insurance Corporation, as surety, continues to provide bond coverage up to $326,652.00 for the DuBois K-12 backup generator project and will pay $13,419.87 to Fremont County School District #2 under the June 2025 Tender Agreement. The agreement formalizes the surety’s performance obligations while capping its future liability at the bond penal sum.
American Alternative Insurance Corporation holds this insurance contract with Fremont County School District 2. Its other public contracts on record include work for Capital District Transportation Authority and City of Sully.
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Contract details
- Contract type
- Insurance
- Amount
- Penal sum $326,652.00; payment of $13,419.87 to Obligee
- Document date
- June 1, 2025
- Source document
- Fremont County School District #2 Agreement Tender Agreement 2025-06-01 (Agreement)
American Alternative Insurance Corporation's other public contracts
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Questions about this contract
Who was awarded the insurance contract by Fremont County School District 2?
American Alternative Insurance Corporation was awarded this insurance contract by Fremont County School District 2, as recorded on June 1, 2025. The contract value is Penal sum $326,652.00; payment of $13,419.87 to Obligee.
How much is the American Alternative Insurance Corporation contract with Fremont County School District 2 worth?
The American Alternative Insurance Corporation contract with Fremont County School District 2 is valued at Penal sum $326,652.00; payment of $13,419.87 to Obligee, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a agreement record.
Where was this contract approved?
This contract appears in Fremont County School District #2 Agreement Tender Agreement 2025-06-01 (Agreement), dated June 1, 2025 from Fremont County School District 2. 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 Fremont County School District 2 currently buying?
Explore Fremont County School District 2's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.