SuretyX
Cornerstone — Bonds

School Board — School Addition

Performance Bond · Cornerstone Excavating Corp. · Minister of National Revenue (Canada Revenue Agency)

In Warranty#TRV-8709

Request details

all submitted fields
Principal
Cornerstone Excavating Corp.
Project title
School Board — School Addition
Obligee
Minister of National Revenue (Canada Revenue Agency)
Obligee address
555 Mackenzie Ave, Ottawa, ON
Obligee email
security.bonds@cra-arc.gc.ca
Contract value
$4.1M
Contract date
—
Date required
2025-10-02
Start date
2025-04-22
Completion Date
2026-05-07
Validity period
—
Delivery
Pickup
Liquidated damages
—
Warranty
24 months

Documents

2

Timeline & correspondence

  1. Activity
    Request created and submitted to platform
    Cornerstone · Dec 10, 2025, 12:00 PM
  2. Activity
    Bond issued (TRV-8709)
    platform · Dec 10, 2025, 12:00 PM
  4. Activity
    Underwriter review note
    Rachel Kwan (AE) · Dec 10, 2025, 12:00 AM
  5. Activity
    Surety quote — Travelers
    POA-TRV-2231 (A. Whitfield) · Dec 10, 2025, 12:00 AM

Status & actions

In warranty until 2028-05-07 · completed 2026-05, 24-month warranty.

Facility fit · Cornerstone

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

Adds $4.1M to backlog on issue.

View facility utilization

Premium

$28,000
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.