CONTRACTPENDING

Sea Walk Settlement Would Reduce Westchester Bond

Town of Ocean Breeze
Disclosed value
$3,605,410.40 penal sum; reduced to $360,541.04 retainage
From agendapacket
Document date
Nov 8, 2026

The 30-second brief

What it covers

The proposed Sea Walk settlement would reduce Westchester Fire Insurance Company's performance bond from $3.605 million to $360,541.04. The remaining retainage would be released after settlement payments and project closeout.

Who holds it

Westchester Fire Insurance Company holds this insurance contract with Town of Ocean Breeze. Its other public contracts on record include work for Fort Worth Transportation Authority and Polk County Sheriff's Office.

What happens next

Term as filed: Bond retainage remains until the settlement close-out obligations are satisfied.

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Contract details

Contract type
Insurance
Amount
$3,605,410.40 penal sum; reduced to $360,541.04 retainage
Document date
November 8, 2026
Term
Bond retainage remains until the settlement close-out obligations are satisfied
Source document
Town of Ocean Breeze AgendaPacket Regular Town Council Meeting 2026-11-09 (AgendaPacket)

Westchester Fire Insurance Company's other public contracts

More Town of Ocean Breeze contracts

Questions about this contract

Who was awarded the insurance contract by Town of Ocean Breeze?

Westchester Fire Insurance Company was awarded this insurance contract by Town of Ocean Breeze, as recorded on November 8, 2026. The contract value is $3,605,410.40 penal sum; reduced to $360,541.04 retainage.

How much is the Westchester Fire Insurance Company contract with Town of Ocean Breeze worth?

The Westchester Fire Insurance Company contract with Town of Ocean Breeze is valued at $3,605,410.40 penal sum; reduced to $360,541.04 retainage, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Ocean Breeze AgendaPacket Regular Town Council Meeting 2026-11-09 (AgendaPacket), dated November 8, 2026 from Town of Ocean Breeze. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Westchester Fire Insurance Company hold?

Westchester Fire Insurance 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.

What is Town of Ocean Breeze currently buying?

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

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