Bonding Letter Confirms Parathon’s Surety Capacity

B.N. Bonding, LLC provided Parathon Construction, LLC with a bonding letter indicating Hudson Insurance Company is prepared to consider surety support up to $7.5 million per project and $20 million in aggregate backlog. This confirms Parathon’s bonding capacity for sizable public infrastructure contracts, including work such as the Luther retaining wall proposal.

Document date · September 23, 2026

Track Town of Luther contracts

Get alerts when new contracts are awarded or existing ones approach renewal at Town of Luther.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract amount

Up to $7,500,000 single / $20,000,000 aggregate (capacity)

Contract type

FINANCIAL_SERVICES

Renewal

Ongoing surety relationship; individual bonds will be underwritten per project and are not guaranteed by the letter.

Document type

AgendaPacket

Source document

Town of Luther AgendaPacket Special Meeting September 24, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Luther?

B.n. Bonding Llc was awarded this financial services contract by Town of Luther, as recorded on September 23, 2026. The contract value is Up to $7,500,000 single / $20,000,000 aggregate (capacity).

How much is the B.n. Bonding Llc contract with Town of Luther worth?

The B.n. Bonding Llc contract with Town of Luther is valued at Up to $7,500,000 single / $20,000,000 aggregate (capacity), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Town of Luther AgendaPacket Special Meeting September 24, 2026 (AgendaPacket), dated September 23, 2026 from Town of Luther. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does B.n. Bonding Llc hold?

B.n. Bonding Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View B.n. Bonding Llc's profile

What is Town of Luther currently buying?

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

View Town of Luther's profile