CONTRACTAPPROVED

County Accepts Maintenance Bond for Cabot Citrus Farms

Hernando County logoHernando County
Disclosed value
$1,165,344.40 (maintenance bond amount; performance bond $5,826,722.00 released)
From agenda
Approved
Oct 7, 2025
Term
18 months

The 30-second brief

What it covers

Hernando County plans to release a $5.83 million performance bond and accept a $1.17 million maintenance bond from Cabot Citrus OPCO, LLC for Cabot Citrus Farms Phase 1A. The maintenance bond will cover subdivision improvements for an 18‑month period as required by county ordinance.

Who holds it

Cabot Citrus Opco LLC holds this contract with Hernando County. Its other public contracts on record include work for Cabot Citrus Farms Community Development District.

What happens next

Term as filed: 18 months.

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Contract details

Amount
$1,165,344.40 (maintenance bond amount; performance bond $5,826,722.00 released)
Document date
October 7, 2025
Term
18 months
Source document
Hernando County Board of County Commissioners Land Use Meeting Agenda 2025-10-07 (Agenda)

Cabot Citrus Opco LLC's other public contracts

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Questions about this contract

Who was awarded the government contract by Hernando County?

Cabot Citrus Opco LLC was awarded this government contract by Hernando County, as recorded on October 7, 2025. The contract value is $1,165,344.40 (maintenance bond amount; performance bond $5,826,722.00 released).

How much is the Cabot Citrus Opco LLC contract with Hernando County worth?

The Cabot Citrus Opco LLC contract with Hernando County is valued at $1,165,344.40 (maintenance bond amount; performance bond $5,826,722.00 released).

What type of contract is this?

This is a government contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Hernando County Board of County Commissioners Land Use Meeting Agenda 2025-10-07 (Agenda), dated October 7, 2025 from Hernando County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cabot Citrus Opco LLC hold?

Cabot Citrus Opco LLC 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 Hernando County currently buying?

Explore Hernando County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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