SuretyX
Contractors

Cedar Builders Corp.

General Contractor · Vancouver, BC · Vancouver office · AM Mei Lin

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Bids & consents YTD
10
6 bid · 4 consent
Successful tenders
10
marked Low Bid
% successful
77%
Low Bid of 13 decided
Open exposure
$276.5M
66% of $419.0M

Facility utilization — bid vs. final exposure

66%of $419.0M group facility
$276.5M drawn
Final-bond exposure
$164.5M
cost-to-complete + bonded since 2025-04-27
Bid exposure
$112.0M
open tenders as of today · est. price
Available
$142.5M
remaining capacity

Latest WOH as of 2025-04-27 · final bonds since 2025-04-27 · outstanding bids as of today · current utilization as of today.

Working authority (this entity)Single job $43.0MAggregate $126.0Msurety since 2017

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

Subsidiaries & group facility

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Bonded principals

Facility consumption per principal

Click a principal to focus the utilization view above on its draw; click again to return to all principals.

Exposure report

Total surety exposure — sum of issued bond penalties$71.1M
Bid bonds12 bonds
ProjectBid dateValidityPenalty (exposure)
School Board — Bridge Rehabilitation
Région de Montréal — Travaux publics · 10% bid bond on $12.2M tender
2025-12-18—$1.2M
Transit Agency — Wastewater Treatment Upgrade
BC Ministry of Transportation · 10% bid bond on $15.6M tender
2025-06-23—$1.6M
Health Authority — Fire Hall Replacement
Metrolinx · 10% bid bond on $13.2M tender
2025-05-26—$1.3M
Transit Agency — Pedestrian Overpass
Minister of National Revenue (Canada Revenue Agency) · 10% bid bond on $15.5M tender
2026-03-28—$1.6M
Health Authority — Data Centre Fit-up
Metrolinx · 10% bid bond on $4.9M tender
2026-06-26—$490K
Transit Agency — Tunnel Ventilation
Minister of National Revenue (Canada Revenue Agency) · 10% bid bond on $15.5M tender
2025-06-19—$1.6M
Health Authority — Pumping Station Upgrade
Minister of National Revenue (Canada Revenue Agency) · 10% bid bond on $6.2M tender
2025-12-16—$620K
University — Library Renovation
BC Ministry of Transportation · 10% bid bond on $15.9M tender
2025-02-24—$1.6M
City — Tunnel Ventilation
Minister of Finance (Saskatchewan) · 10% bid bond on $4.0M tender
2026-04-04—$400K
City — Fire Hall Replacement
Minister of National Revenue (Canada Revenue Agency) · 10% bid bond on $1.3M tender
2025-03-25—$130K
Province — Tunnel Ventilation
Metrolinx · 10% bid bond on $3.8M tender
2025-11-23—$380K
Transit Agency — Arena Retrofit
Minister of National Revenue (Canada Revenue Agency) · 10% bid bond on $3.2M tender
2025-05-01—$320K
Bid bonds subtotal$11.1M
Final bonds — Performance & Payment9 bonds
ProjectCompletion datePenalty (exposure)
School Board — Tunnel Ventilation
Minister of National Revenue (Canada Revenue Agency) · TRV-3569 · Performance 50% + L&M 50% on $10.3M contract
2027-09-16$10.3M
Transit Agency — Recreation Centre
Infrastructure Ontario · TRV-8948 · Performance 50% + L&M 50% on $5.9M contract
2028-01-23$5.9M
School Board — School Addition
BC Ministry of Transportation · INT-1886 · Performance 50% + L&M 50% on $3.2M contract
2027-03-01$3.2M
Airport Authority — Pumping Station Upgrade
Région de Montréal — Travaux publics · GUA-1609 · Performance 50% + L&M 50% on $4.1M contract
2027-08-25$4.1M
Transit Agency — LRT Station Finishes
Région de Montréal — Travaux publics · GUA-9178 · Performance 50% + L&M 50% on $8.3M contract
2027-12-07$8.3M
Transit Agency — Data Centre Fit-up
Minister of Finance (Saskatchewan) · GUA-3184 · Performance 50% + L&M 50% on $13.9M contract
2028-11-26$13.9M
School Board — Data Centre Fit-up
Metrolinx · TRV-5144 · Performance 50% + L&M 50% on $7.3M contract
2027-01-09$7.3M
City — Hospital Expansion
Region of Peel · TRV-1485 · Performance 50% + L&M 50% on $3.2M contract
2028-09-15$3.2M
Health Authority — Water Main Renewal
Minister of Finance (Saskatchewan) · GUA-6794 · Performance 50% + L&M 50% on $3.8M contract
2027-05-13$3.8M
Final bonds — Performance & Payment subtotal$60.0M

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
Travelers Insurance Company of Canada
Underwriter
R. Okafor
platform Account Executive
Aaron Sandhu
platform Account Manager
Mei Lin

Agreements vault

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