Faithful Performance Blanket Bond for the Department of Workforce Development and Public Official Bond for the Treasurer of the WI Unemployment Reserve Fund

The Wisconsin Faithful Performance Blanket Bond and Public Official Bond contract provides comprehensive surety and fidelity insurance coverage for the Department of Workforce Development (DWD). The vehicle encompasses multiple bonding services, specifically a blanket performance bond covering 1,700 DWD employees and a public official bond for the Unemployment Reserve Fund Treasurer. The contract offers protection across three employee categories: 212 employees handling money daily, 253 handling money occasionally, and 1,235 who do not handle money, with coverage amounts of $500,000 per occurrence and a $5,000 deductible.

The contract was awarded by the Wisconsin Department of Administration, effective from March 1, 2016, through March 1, 2019, with The Brehmer Agency, Inc. serving as the prime contractor. Travelers Casualty and Surety Company provides the blanket bond coverage, while Zurich Commercial Surety Company handles the public official bond. The total three-year contract value is $7,601, with an annual premium breakdown of $6,251 for the blanket bond and $1,350 for the public official bond. This statewide contract covers the entire state of Wisconsin and falls under the UNSPSC codes for commercial surety bonds, contract surety bonds, and fidelity guarantee insurance.