CONTRACTPENDING

Developers Surety Provides Bid Bond for Painting Proposal

Silver Valley Unified logoSilver Valley Unified
Disclosed value
Bid bond equal to 10% of the bidder's greatest amount bid; stated as not less than 10% of the total bid price
From proposal
Document date
Apr 20, 2026

The 30-second brief

What it covers

Developers Surety and Indemnity Company provided a bid bond for Perfection Painting Corp DBA Perfection Pro Contractors' proposal to Silver Valley Unified School District. The bond covers 10% of the greatest amount bid and remains subject to the bid-security release conditions.

Who holds it

Developers Surety & Indemnity Company holds this insurance contract with Silver Valley Unified. Its other public contracts on record include work for City of Rancho Santa Margarita and City of Industry.

What happens next

Term as filed: Bid security held for 10 days after the period for which bids must be held open, or until the successful bidder posts required bonds and insurance and returns executed agreement copies, whichever occurs first.

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Contract details

Contract type
Insurance
Amount
Bid bond equal to 10% of the bidder's greatest amount bid; stated as not less than 10% of the total bid price
Document date
April 20, 2026
Term
Bid security held for 10 days after the period for which bids must be held open, or until the successful bidder posts required bonds and insurance and returns executed agreement copies, whichever occurs first
Vendor
Developers Surety & Indemnity Company
Source document
Silver Valley Unified School District Proposal Yermo School Campus Wide Painting Project 2026-04-20 (Proposal)

Developers Surety & Indemnity Company's other public contracts

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Questions about this contract

Who was awarded the insurance contract by Silver Valley Unified?

Developers Surety & Indemnity Company was awarded this insurance contract by Silver Valley Unified, as recorded on April 20, 2026. The contract value is Bid bond equal to 10% of the bidder's greatest amount bid; stated as not less than 10% of the total bid price.

How much is the Developers Surety & Indemnity Company contract with Silver Valley Unified worth?

The Developers Surety & Indemnity Company contract with Silver Valley Unified is valued at Bid bond equal to 10% of the bidder's greatest amount bid; stated as not less than 10% of the total bid price, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Silver Valley Unified School District Proposal Yermo School Campus Wide Painting Project 2026-04-20 (Proposal), dated April 20, 2026 from Silver Valley Unified. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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