SuretyX
Contractors

Aspen Development Ltd.

General Contractor · Montréal, QC · Montréal office · AM Élise Caron

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Notes & reminders

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Reminders (on record)
  • Follow up with Aspen on outstanding requirements.

    Élise Caron · 2026-06-08

Visible to anyone viewing the account; also on the assignee's dashboard.

Part of the Clearwater group facility — group is at 79% ($193.7M / $245.0M). This entity contributes $67.3M on its own $89.0M limit.View group
Bids & consents YTD
0
0 bid · 0 consent
Successful tenders
0
marked Low Bid
% successful
0%
Low Bid of 2 decided
Open exposure
$67.3M
76% of $89.0M

Facility utilization — bid vs. final exposure

This entity's own facility · live
76%of $89.0M own facility
$67.3M drawn
Final-bond exposure
$38.0M
cost-to-complete + bonded since 2026-03-07
Bid exposure
$29.3M
open tenders as of today · est. price
Available
$21.7M
remaining capacity

Latest WOH as of 2026-03-07 · final bonds since 2026-03-07 · outstanding bids as of today · current utilization as of today.

Working authoritySingle job $33.0MAggregate $89.0Msurety since 2013

Derived live from the bond store — marking a bid Unsuccessful or Expired removes it from bid exposure in real time.

Exposure report

Total surety exposure — sum of issued bond penalties$10.1M
Bid bonds2 bonds
ProjectBid dateValidityPenalty (exposure)
Ville de Montréal — School Addition
Metrolinx · 10% bid bond on $7.1M tender
2026-06-02—$710K
Ville de Montréal — Data Centre Fit-up
Minister of National Revenue (Canada Revenue Agency) · 10% bid bond on $4.0M tender
2025-05-26—$400K
Bid bonds subtotal$1.1M
Final bonds — Performance & Payment2 bonds
ProjectCompletion datePenalty (exposure)
Ville de Montréal — Pedestrian Overpass
BC Ministry of Transportation · INT-2121 · Performance 50% + L&M 50% on $2.0M contract
2028-12-06$2.0M
Ville de Montréal — Tunnel Ventilation
BC Ministry of Transportation · INT-3953 · Performance 50% + L&M 50% on $7.0M contract
2027-06-24$7.0M
Final bonds — Performance & Payment subtotal$9.0M

Penalty at risk: bid bonds at their bid % of the tender (e.g. 10% of a $5M job = $500K); final bonds at the full contract (Performance 50% + L&M 50% = 100%). Issued bonds only — lost, expired, draft, and pending bonds are excluded.

Pipeline & miscellaneous

Pre-qual / opportunities · Other / Misc

Account team

Surety company
Western Surety Company
Underwriter
B. Halvorsen
platform Account Executive
Sophie Bélanger
platform Account Manager
Élise Caron

Agreements vault

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