CONTRACTAPPROVED

Rapides Parish School District Awards Insurance Contract to Build America Mutual Assurance Company (July 2025)

Rapides Parish School District logoRapides Parish School District
Approved
Jul 15, 2025
Renews
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The 30-second brief

What it covers

Rapides Parish School Board authorized a contract with Build America Mutual Assurance Company to provide a Municipal Bond Insurance Policy guaranteeing principal and interest payments on the $27,000,000 General Obligation School Bonds, Series 2025. The bond insurance commitment dated July 1, 2025 will be effective at closing and remain in place through the bonds’ final maturity in 2045.

Who holds it

Build America Mutual Assurance Company holds this insurance contract with Rapides Parish School District. Its other public contracts on record include work for Eatonton-Putnam Water And Sewer Authority and City of Byram.

What happens next

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Contract details

Contract type
Insurance
Document date
July 15, 2025
Term
Bond insurance commitment dated as of July 1, 2025; insurance policy issued concurrently with bond delivery at closing (on or about August 5, 2025) and effective through final bond maturity March 1, 2045
Renews
On record
Source document
Rapides Parish School District Resolution Pineville School District No. 52 Bond Purchase Agreement 2025-07-15 (Resolution)

Build America Mutual Assurance Company's other public contracts

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Questions about this contract

Who was awarded the insurance contract by Rapides Parish School District?

Build America Mutual Assurance Company was awarded this insurance contract by Rapides Parish School District, as recorded on July 15, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Rapides Parish School District Resolution Pineville School District No. 52 Bond Purchase Agreement 2025-07-15 (Resolution), dated July 15, 2025 from Rapides Parish School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Build America Mutual Assurance Company hold?

Build America Mutual Assurance 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.

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What is Rapides Parish School District currently buying?

Explore Rapides Parish School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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