SuretyX
Meridian — Bonds

Province — Water Main Renewal

Labour & Material Payment Bond · Meridian Heavy Civil Inc. · City of Toronto — Procurement

In Warranty#ZUR-8426

Request details

all submitted fields
Principal
Meridian Heavy Civil Inc.
Project title
Province — Water Main Renewal
Obligee
City of Toronto — Procurement
Obligee address
100 Queen St W, Toronto, ON
Obligee email
tenders@toronto.ca
Contract value
$5.4M
Contract date
—
Date required
2026-03-22
Start date
2025-04-19
Completion Date
2026-05-27
Validity period
—
Delivery
Pickup
Liquidated damages
—
Warranty
12 months

Documents

2

Timeline & correspondence

  1. Activity
    Request created and submitted to platform
    Meridian · Jan 27, 2025, 12:00 PM
  2. Activity
    Bond issued (ZUR-8426)
    platform · Jan 27, 2025, 12:00 PM
  4. Activity
    Underwriter review note
    Aaron Sandhu (AE) · Jan 27, 2025, 12:00 AM
  5. Activity
    Surety quote — Zurich
    POA-ZUR-0455 (C. Bauer) · Jan 27, 2025, 12:00 AM

Status & actions

In warranty until 2027-05-27 · completed 2026-05, 12-month warranty.

Facility fit · Meridian

Working authorityIn place
Utilization62% · $186.8M / $301.0M

Adds $5.4M to backlog on issue.

View facility utilization

Premium

$36,900
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.