SuretyX
Contractors

Maple Ridge Electric Inc.

Subtrade · Montréal, QC · Montréal office · AM Élise Caron

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Part of the Clearwater group facility — group is at 79% ($193.7M / $245.0M). This entity contributes $16.1M on its own $27.0M limit.View group
Bids & consents YTD
4
4 bid · 0 consent
Successful tenders
1
marked Low Bid
% successful
100%
Low Bid of 1 decided
Open exposure
$16.1M
60% of $27.0M

Facility utilization — bid vs. final exposure

This entity's own facility · live
60%of $27.0M own facility
$16.1M drawn
Final-bond exposure
$12.3M
cost-to-complete + bonded since 2025-08-11
Bid exposure
$3.8M
open tenders as of today · est. price
Available
$10.9M
remaining capacity

Latest WOH as of 2025-08-11 · final bonds since 2025-08-11 · outstanding bids as of today · current utilization as of today.

Working authoritySingle job $11.0MAggregate $27.0Msurety 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$2.1M
Bid bonds1 bond
ProjectBid dateValidityPenalty (exposure)
Ville de Montréal — School Addition
Minister of National Revenue (Canada Revenue Agency) · 10% bid bond on $2.1M tender
2025-12-24—$210K
Bid bonds subtotal$210K
Final bonds — Performance & Payment1 bond
ProjectCompletion datePenalty (exposure)
Ville de Montréal — LRT Station Finishes
Minister of Finance (Saskatchewan) · ZUR-1044 · Performance 50% + L&M 50% on $1.9M contract
2028-11-07$1.9M
Final bonds — Performance & Payment subtotal$1.9M

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.

Account team

Surety company
Zurich Insurance Company Ltd.
Underwriter
P. Nguyen
platform Account Executive
Sophie Bélanger
platform Account Manager
Élise Caron

Agreements vault

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