SuretyX
Cornerstone — Bonds

Transit Agency — Civic Centre Build

Bid Bond · Cornerstone Excavating Corp. · Metrolinx

IssuedUnsuccessful#GUA-7659

Request details

all submitted fields
Principal
Cornerstone Excavating Corp.
Project title
Transit Agency — Civic Centre Build
Obligee
Metrolinx
Obligee address
97 Front St W, Toronto, ON
Obligee email
procurement@metrolinx.com
Estimated value
$3.5M
Tender (closing) date
2025-02-14
Start date
—
Completion Date
—
Validity period
—
Delivery
Electronic
Liquidated damages
—
Bid bond
10%
Consent of Surety
—

Documents

3

Timeline & correspondence

  1. Activity
    Request created and submitted to platform
    Cornerstone · Jun 5, 2026, 1:00 PM
  2. Activity
    Bond issued (GUA-7659)
    platform · Jun 5, 2026, 1:00 PM
  3. Activity
    Bid outcome recorded: Unsuccessful
    platform · Jun 5, 2026, 1:00 PM
  5. Activity
    Underwriter review note
    Rachel Kwan (AE) · Jun 5, 2026, 12:00 AM
  6. Activity
    Surety quote — The
    POA-GUA-7781 (D. Roy) · Jun 5, 2026, 12:00 AM

Bid outcome & actions

“Convert” unlocks once the bid is marked Low.

Facility fit · Cornerstone

Working authorityIn place
Utilization49% · $46.9M / $95.0M

$3.5M is already included in the utilization above (live bid).

View facility utilization

Signing & delivery

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