SuretyX
Aspen Builders 51 — Bonds

Health Authority — Transit Maintenance Facility

Performance Bond · Bowmont Contracting 53 · Region of Peel

Pending

Request details

Principal
Bowmont Contracting 53
Project title
Health Authority — Transit Maintenance Facility
Obligee
Region of Peel
Obligee address
10 Peel Centre Dr, Brampton, ON
Obligee email
purchasing@peelregion.ca
Contract value
$2.8M
Contract date
—
Date required
2025-03-23
Start date
2026-06-04
Completion Date
2028-01-04
Validity period
—
Delivery
Courier
Liquidated damages
—
Warranty
12 months

Documents

1

Timeline & correspondence

  1. Activity
    Request created and submitted to platform
    Bowmont Contracting 53 · Jun 2, 2025, 1:00 PM
  2. Activity
    Underwriter review note
    Priya Anand (AE) · Jun 2, 2025, 12:00 AM
  3. Activity
    Surety quote — Zurich
    POA-ZUR-0455 (C. Bauer) · Jun 2, 2025, 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 · Bowmont Contracting 53

Working authorityIn place
Utilization54% · $104.3M / $194.0M

Adds $2.8M to backlog on issue.

View facility utilization

Premium

$17,600
combined premium

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

Premium is never printed on the bond.