Bond_thru_12.11.24.pdf
PDF 2 MB Posted
- Attached to
- Master Agreement AZ|ADOC17-166204
- Contract number
- ADOC17-166204
- Issued by
- Arizona
About this file
This document is a Continuation Certificate for Surety Bond No. 674012114, issued by Liberty Mutual Insurance Company on behalf of The GEO Group, Inc., as principal, in favor of the State of Arizona, Department of Corrections, as obligee. The bond was originally dated December 11, 2007, and has been continued through multiple renewal periods. The most recent continuation certificate, executed on November 28, 2023, extends the bond's coverage through December 11, 2024. The document includes a Power of Attorney authorizing James I. Moore to execute surety instruments on behalf of Liberty Mutual Insurance Company, The Ohio Casualty Insurance Company, and West American Insurance Company.
The bond secures the Provision Operation and Management of a Secure Contracted Bed Facility under ADC Contract No. 04176DC with a penal sum of $25,557,300. The surety's liability under the bond is non-cumulative and capped at the stated penal amount for all losses occurring during the entire period the surety remains obligated. The bond continues in full force and effect subject to all covenants and conditions of the original agreement, with the surety's exposure limited to the bond's penalty amount, whether losses occur individually or in the aggregate.
View the file
Other files
Show all 15
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
LMIC-3300
To be attached to and form a part of surety bond number 674012114 (the "Bond"), for Provision Operation & Managment of a Secure Contracted Bed Facility, ADC Contract NO. 04176DC dated the 11th day of December, 2007, in the penal sum of 25,557,300 USD issued by Liberty Mutual Insurance Company as surety (the "Surety"), on behalf of The GEO Group, Inc. as principal (the "Principal"), in favor of STATE OF ARIZONA, DEPARTMENT OF CORRECTIONS, as obligee (the "Obligee").
Continuation Certificate
Chicago 1 N. Franklin Suite 1700 Chicago, Illinois 60606 +1 (312) 781-7752 Fax: +1 (866) 546-7481
The Surety hereby certifies that this Bond is continued in full force and effect until the 11th day of December, 2024, subject to all covenants and conditions of said Bond.
IN WITNESS WHEREOF, the Surety has set its hand and seal this 28th day of November, 2023.
By:
Liberty Mutual Insurance Company (Surety)
Said Bond has been continued in force upon the express condition that the full extent of the Surety's liability under said Bond, and this and all continuations thereof, for any loss or series of losses occurring during the entire time the Surety remains on said Bond, shall in no event, either individually or in the aggregate, exceed the penal sum of the Bond.
Timothy A. Mikolajewski, Assistant Secretary
CONTINUATION CERTIFICATE
The Liberty Mutual Insurance Company (hereinafter called the Surety) hereby continues in force its Bond No. 674012114 in the sum of Twenty Five Million Five Hundred Fifty Seven Thousand Three Hundred Dollars and 00/100 ($25,557,300.00) Dollars, on behalf of The Geo Group, Inc. in favor of State of Arizona, Department of Corrections for ADC Contract No. 040176DC, Provision Operation and Management of Secure Contracted Bed Facility subject to all the conditions and terms thereof through 11th Day of December, 2023 at location of risk.
This Continuation is executed upon the express condition that the Surety’s liability shall not be cumulative and shall be limited at all times by the amount of the penalty stated in the bond.
IN WITNESS WHEREOF, the Surety has caused this instrument to be signed by its duly authorized Attorney-in-Fact and its corporate seal to be hereto affixed this 15th Day of November, 2022.
Liberty Mutual Insurance Company Surety
BY:
James I. Moore, Attorney-in-Fact
James I. Moore
The Geo Group, Inc.
State of Arizona, Department of Corrections
15th November 2022
Downers Grove IL
674012114
File details come from the government source that posted it. Updated .