Bond reduction recommended for Eagle Rock water extension

Scope & details

The full contract record, as filed.

Contract amount

$828,360.50 original bond; reduced to $409,359.90; proposed further reduction to $95,270.50; partial release of $314,089.40

Contract type

FACILITIES

Renewal

Original financial security of $828,360.50 was previously reduced to $409,359.90 under Reduction Request No. 1; current recommendation further reduces the bond to $95,270.50 while retaining security until dedication.

Document type

Agenda

Source document

Hanover Borough Finance and Personnel Committee Agenda 2026-07-15

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Hanover Borough Council Agenda Packet 2026-07-22

AMENDED

Borough of Hanover, PennsylvaniaBond reduced from $409,359.90 to $95,270.50 (original $828,360.50)Jul 22, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Town of Hanover?

Eagle Rock Residential Development was awarded this facilities contract by Town of Hanover, as recorded on July 15, 2026. The contract value is $828,360.50 original bond; reduced to $409,359.90; proposed further reduction to $95,270.50; partial release of $314,089.40.

How much is the Eagle Rock Residential Development contract with Town of Hanover worth?

The Eagle Rock Residential Development contract with Town of Hanover is valued at $828,360.50 original bond; reduced to $409,359.90; proposed further reduction to $95,270.50; partial release of $314,089.40, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Hanover Borough Finance and Personnel Committee Agenda 2026-07-15 (Agenda), dated July 15, 2026 from Town of Hanover. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Eagle Rock Residential Development hold?

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