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Riverstone — Bonds

Health Authority — Transit Maintenance Facility

Performance Bond · Granite Development Ltd. · Metrolinx

Draft
Draft

This request is still the contractor's draft. platform can't confirm or issue it until the contractor submits it.

Request details

all submitted fields
Principal
Granite Development Ltd.
Project title
Health Authority — Transit Maintenance Facility
Obligee
Metrolinx
Obligee address
97 Front St W, Toronto, ON
Obligee email
procurement@metrolinx.com
Contract value
$9.9M
Contract date
—
Date required
2025-03-10
Start date
2025-06-01
Completion Date
2027-07-06
Validity period
—
Delivery
Pickup
Liquidated damages
—
Warranty
24 months

Documents

1

Timeline & correspondence

  1. Activity
    Request created and submitted to platform
    Granite · Jan 1, 2026, 3:00 PM
  2. Activity
    Underwriter review note
    Devon Clarke (AE) · Jan 1, 2026, 12:00 AM
  3. Activity
    Surety quote — Western
    POA-WSC-3390 (B. Halvorsen) · Jan 1, 2026, 12:00 AM

Actions

Draft — awaiting contractor completion & submission

This request still belongs to the contractor. You'll be able to confirm details and issue it once they complete and submit it to platform.

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

Facility fit · Granite

Working authorityIn place
Utilization70% · $233.7M / $334.0M

Adds $9.9M to backlog on issue.

View facility utilization

Premium

$66,800
combined premium

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

Premium is never printed on the bond.