Performance Surety Released to Walters-Cornerstone Development
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Description
Somerset County approved the release of a cash performance surety to Walters-Cornerstone Development, LLC for road work, holding back a maintenance guarantee for 2 years.
Contract Details
Contract Amount
$27,698.88 (less 5% held for maintenance guarantee)
Vendor
WALTERS-CORNERSTONE DEVELOPMENT LLC
Agency
Somerset County, NJ
Contract Type
CONSTRUCTION
Document Date
November 28, 2023
Contract Term
2 years (maintenance guarantee)
Renewal Date
2025-11-28
Renewal Info
Maintenance guarantee retained for 2 years as per conditions.
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