Township of Lakewood Awards Financial Services Contract to Lakeland Bank (March 2026)
Township of LakewoodCity · Lakewood, NJ- Disclosed value
- $76,890.00 (original performance guarantee); $20,260.00 retained as maintenance
- From agenda
- Approved
- Mar 12, 2026
- Renews
- Free account
The 30-second brief
A $76,890 cash performance guarantee held at Lakeland Bank for Regency Development’s SP 2445 project was partially released by Lakewood Township, with $20,260 retained as a maintenance guarantee until May 22, 2027. The adjustment reflects transition from construction to maintenance security.
Lakeland Bank holds this financial services contract with Township of Lakewood. Its other public contracts on record include work for County of Monmouth and Lenape Valley Regional High School District.
The renewal date is on record. A free account shows it, with the renewals for every Township of Lakewood contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $76,890.00 (original performance guarantee); $20,260.00 retained as maintenance
- Document date
- March 12, 2026
- Term
- Maintenance guarantee held until May 22, 2027
- Renews
- Free account
- Vendor
- Lakeland Bank
- Agency
- Township of Lakewood
- Source document
- Lakewood Township Committee Meeting Agenda March 12 2026 (Agenda)
Lakeland Bank's other public contracts
More Township of Lakewood contracts
Questions about this contract
Who was awarded the financial services contract by Township of Lakewood?
Lakeland Bank was awarded this financial services contract by Township of Lakewood, as recorded on March 12, 2026. The contract value is $76,890.00 (original performance guarantee); $20,260.00 retained as maintenance.
How much is the Lakeland Bank contract with Township of Lakewood worth?
The Lakeland Bank contract with Township of Lakewood is valued at $76,890.00 (original performance guarantee); $20,260.00 retained as maintenance, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Lakewood Township Committee Meeting Agenda March 12 2026 (Agenda), dated March 12, 2026 from Township of Lakewood. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Lakeland Bank hold?
Lakeland Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Township of Lakewood currently buying?
Explore Township of Lakewood's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.