Contractors
Hawthorne Builders Ltd.
General Contractor · Calgary, AB · Calgary office · AM Owen Marsh
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Bids & consents YTD
2
2 bid · 0 consent
Successful tenders
1
marked Low Bid
% successful
100%
Low Bid of 1 decided
Open exposure
$101.7M
68% of $149.0M
Facility utilization — bid vs. final exposure
Single entity · live68%of $149.0M own facility
$101.7M drawnFinal-bond exposure
$75.3M
cost-to-complete + bonded since 2026-04-07
Bid exposure
$26.4M
open tenders as of today · est. price
Available
$47.3M
remaining capacity
Latest WOH as of 2026-04-07 · final bonds since 2026-04-07 · outstanding bids as of today · current utilization as of today.
Working authoritySingle job $65.0MAggregate $149.0Msurety since 2019
Derived live from the bond store — marking a bid Unsuccessful or Expired removes it from bid exposure in real time.
Exposure report
Issued bonds · penalty at risk
Total surety exposure — sum of issued bond penalties$2.8M
Bid bonds2 bonds
| Project | Bid date | Validity | Penalty (exposure) |
|---|---|---|---|
| University — School Addition City of Toronto — Procurement · 10% bid bond on $11.5M tender | 2025-11-03 | — | $1.1M |
| Health Authority — Hospital Expansion Region of Peel · 10% bid bond on $16.0M tender | 2026-01-09 | — | $1.6M |
| Bid bonds subtotal | $2.8M | ||
Final bonds — Performance & Payment0 bonds
| Project | Completion date | Penalty (exposure) |
|---|---|---|
| No issued final bonds. | ||
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
Trisura Guarantee Insurance Company
Underwriter
N. Fournier
platform Account Executive
Hannah Reid
platform Account Manager
Owen Marsh