SuretyX
Meridian — Bonds

Health Authority — School Addition

Performance Bond · Meridian Heavy Civil Inc. · Region of Peel

Pending

Request details

Principal
Meridian Heavy Civil Inc.
Project title
Health Authority — School Addition
Obligee
Region of Peel
Obligee address
10 Peel Centre Dr, Brampton, ON
Obligee email
purchasing@peelregion.ca
Contract value
$2.0M
Contract date
—
Date required
2026-05-09
Start date
2026-06-26
Completion Date
2028-08-16
Validity period
—
Delivery
Pickup
Liquidated damages
—
Warranty
12 months

Documents

1

Timeline & correspondence

  1. Activity
    Request created and submitted to platform
    Meridian · May 15, 2026, 11:00 AM
  3. Activity
    Underwriter review note
    Aaron Sandhu (AE) · May 15, 2026, 12:00 AM

Actions

  1. 1Confirm details
  2. 2Confirm approval (authority / surety — off-platform)
  3. 3Generate & issue the bond

AI reads the source documents and locates each detail — review, then confirm.

The bond document is available after issue; the detail sheet is available now.

Clients can't edit a Pending request directly — changes route through platform for review/approval.

Pending reason

Internal only — not shown to the client.

Facility fit · Meridian

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

Adds $2.0M to backlog on issue.

View facility utilization

Premium

$14,600
combined premium

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

Premium is never printed on the bond.