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Aspen Builders 51

General Contractor · Edmonton, AB · Edmonton office · AM Marcus Webb

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Bids & consents YTD
10
7 bid · 3 consent
Successful tenders
6
marked Low Bid
% successful
75%
Low Bid of 8 decided
Open exposure
$104.3M
54% of $194.0M

Facility utilization — bid vs. final exposure

54%of $194.0M group facility
$104.3M drawn
Final-bond exposure
$74.2M
cost-to-complete + bonded since 2026-03-17
Bid exposure
$30.1M
open tenders as of today · est. price
Available
$89.7M
remaining capacity

Latest WOH as of 2026-03-17 · final bonds since 2026-03-17 · outstanding bids as of today · current utilization as of today.

Working authority (this entity)Single job $47.0MAggregate $104.0Msurety since 2008

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$6.0M
Bid bonds4 bonds
ProjectBid dateValidityPenalty (exposure)
City — Roadway Reconstruction
Minister of National Revenue (Canada Revenue Agency) · 10% bid bond on $10.7M tender
2025-01-23—$1.1M
Transit Agency — Water Main Renewal
Infrastructure Ontario · 10% bid bond on $5.9M tender
2025-06-05—$590K
Province — Bridge Rehabilitation
Region of Peel · 10% bid bond on $800K tender
2025-10-17—$80K
Region — Data Centre Fit-up
Région de Montréal — Travaux publics · 10% bid bond on $7.6M tender
2025-11-14—$760K
Bid bonds subtotal$2.5M
Final bonds — Performance & Payment2 bonds
ProjectCompletion datePenalty (exposure)
City — Wastewater Treatment Upgrade
Région de Montréal — Travaux publics · TRV-8839 · Performance 50% + L&M 50% on $2.2M contract
2027-10-20$2.2M
Province — Pumping Station Upgrade
Infrastructure Ontario · INT-3863 · Performance 50% + L&M 50% on $1.3M contract
2027-06-02$1.3M
Final bonds — Performance & Payment subtotal$3.5M

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
Priya Anand
platform Account Manager
Marcus Webb

Agreements vault

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