Mission Properties Seeks Town Acceptance of Bonded Roads
- Disclosed value
- Bond one: $519,400; Bond two: $742,300; 1-year maintenance bond: $247,800
- From agendapacket
- Document date
- Jan 23, 2023
The 30-second brief
Mission Properties has requested that the Town of Pineville accept several public roads in the Townes at McCullough 1 & 2 development, currently secured by two construction bonds totaling $1,261,700. Upon acceptance, these would be converted into a one-year $247,800 maintenance bond covering roadway and related improvements pending final inspections and potential bond release.
Mission Properties holds this construction contract with Town of Pineville. Its other public contracts on record include work for City of Junction and Town of Salisbury.
Term as filed: 1-year maintenance bond following road acceptance and final inspections.
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Contract details
- Contract type
- Construction
- Amount
- Bond one: $519,400; Bond two: $742,300; 1-year maintenance bond: $247,800
- Document date
- January 23, 2023
- Term
- 1-year maintenance bond following road acceptance and final inspections
- Vendor
- Mission Properties
- Agency
- Town of Pineville
- Source document
- Pineville Town Council Work Session Agenda Packet January 2023 (AgendaPacket)
Mission Properties's other public contracts
More Town of Pineville contracts
Questions about this contract
Who was awarded the construction contract by Town of Pineville?
Mission Properties was awarded this construction contract by Town of Pineville, as recorded on January 23, 2023. The contract value is Bond one: $519,400; Bond two: $742,300; 1-year maintenance bond: $247,800.
How much is the Mission Properties contract with Town of Pineville worth?
The Mission Properties contract with Town of Pineville is valued at Bond one: $519,400; Bond two: $742,300; 1-year maintenance bond: $247,800, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Pineville Town Council Work Session Agenda Packet January 2023 (AgendaPacket), dated January 23, 2023 from Town of Pineville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Mission Properties hold?
Mission Properties 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 Town of Pineville currently buying?
Explore Town of Pineville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.