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Aspen — Bonds

Ville de Montréal — Tunnel Ventilation

Labour & Material Payment Bond · Aspen Development Ltd. · BC Ministry of Transportation

Issued#INT-3953

Request details

all submitted fields
Principal
Aspen Development Ltd.
Project title
Ville de Montréal — Tunnel Ventilation
Obligee
BC Ministry of Transportation
Obligee address
940 Blanshard St, Victoria, BC
Obligee email
tms.bonds@gov.bc.ca
Contract value
$7.0M
Contract date
—
Date required
2025-10-19
Start date
2026-05-01
Completion Date
2027-06-24
Validity period
—
Delivery
Pickup
Liquidated damages
—
Warranty
24 months

Documents

2

Timeline & correspondence

  1. Activity
    Request created and submitted to platform
    Aspen · Mar 24, 2026, 11:00 AM
  2. Activity
    Bond issued (INT-3953)
    platform · Mar 24, 2026, 11:00 AM
  4. Activity
    Underwriter review note
    Sophie Bélanger (AE) · Mar 24, 2026, 12:00 AM
  5. Activity
    Surety quote — Western
    POA-WSC-3390 (B. Halvorsen) · Mar 24, 2026, 12:00 AM

Status & actions

Facility fit · Aspen

Working authorityIn place
Utilization79% · $193.7M / $245.0M

Adds $7.0M to backlog on issue.

View facility utilization

Premium

$44,100
combined premium

One combined premium for the pair — Performance + L&M Payment bonds.

Premium is never printed on the bond.

Signing & delivery

E-signature executed via Xenex (out of scope for V1) and uploaded back to the record.