SuretyX
Cornerstone — Bonds

Province — Arena Retrofit

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

IssuedUnsuccessful#INT-8939

Request details

all submitted fields
Principal
Cornerstone Excavating Corp.
Project title
Province — Arena Retrofit
Obligee
Minister of National Revenue (Canada Revenue Agency)
Obligee address
555 Mackenzie Ave, Ottawa, ON
Obligee email
security.bonds@cra-arc.gc.ca
Estimated value
$6.0M
Tender (closing) date
2025-06-03
Start date
—
Completion Date
—
Validity period
—
Delivery
Courier
Liquidated damages
—
Bid bond
10%
Consent of Surety
—

Documents

3

Timeline & correspondence

  1. Activity
    Request created and submitted to platform
    Cornerstone · Dec 26, 2025, 9:00 AM
  2. Activity
    Bond issued (INT-8939)
    platform · Dec 26, 2025, 9:00 AM
  3. Activity
    Bid outcome recorded: Unsuccessful
    platform · Dec 26, 2025, 9:00 AM
  5. Activity
    Underwriter review note
    Rachel Kwan (AE) · Dec 26, 2025, 12:00 AM
  6. Activity
    Surety quote — Trisura
    POA-TRS-1204 (N. Fournier) · Dec 26, 2025, 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

$6.0M 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.