CONTRACTPENDING

Park Valley Monmouth, LLC receives Performance guarantee approval

Borough of Red Bank logoBorough of Red Bank
Disclosed value
$152,474.40
From agenda
Document date
Sep 25, 2025
Term
2 years

The 30-second brief

What it covers

The Borough of Red Bank authorizes the release of a performance guarantee posted by Park Valley Monmouth, LLC for site improvements at 120 Monmouth Street, Block 33, Lot 9.01, contingent upon payment of outstanding inspection fees and posting a maintenance guarantee of either a $25,453.53 bond or a $16,941.60 cash deposit.

Who holds it

Park Valley Monmouth holds this performance guarantee contract with Borough of Red Bank.

What happens next

Term as filed: 2 years.

See who signed off on this $152.5K contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Performance Guarantee
Amount
$152,474.40
Document date
September 25, 2025
Term
2 years
Source document
borough-of-red-bank-municipal-council-regular-meeting-agenda-september-25-2025_597.pdf (Agenda)

Park Valley Monmouth's other public contracts

More Borough of Red Bank contracts

Questions about this contract

Who was awarded the performance guarantee contract by Borough of Red Bank?

Park Valley Monmouth was awarded this performance guarantee contract by Borough of Red Bank, as recorded on September 25, 2025. The contract value is $152,474.40.

How much is the Park Valley Monmouth contract with Borough of Red Bank worth?

The Park Valley Monmouth contract with Borough of Red Bank is valued at $152,474.40, covering performance guarantee work.

What type of contract is this?

This is a Performance Guarantee contract, documented as a agenda record.

Where was this contract approved?

This contract appears in borough-of-red-bank-municipal-council-regular-meeting-agenda-september-25-2025_597.pdf (Agenda), dated September 25, 2025 from Borough of Red Bank. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Park Valley Monmouth hold?

Park Valley Monmouth 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 Borough of Red Bank currently buying?

Explore Borough of Red Bank's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →