Performance Bond Released; Maintenance Bond Accepted
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Description
The Borough plans to release performance bonds posted by Panzarella Properties, LLC for public improvements at Block 254, Lot 11 and accept a $1,905.00 maintenance bond. This action transitions the project from construction completion to maintenance coverage.
Contract Details
Contract Amount
$1,905.00 (Maintenance Bond)
Vendor
PANZARELLA PROPERTIES LLC
Agency
Borough of South Plainfield, NJ
Contract Type
CONSTRUCTION
Document Date
May 18, 2026
Renewal Info
Performance bond obligations concluded; a new maintenance bond in the amount of $1,905.00 is accepted for the improvements.
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