Woolwich Township Committee AgendaPacket 2026-05-18
Performance bond reduction approved for King’s Meadow South Phase I
Trusted by teams at
Description
Woolwich Township approved the first reduction of performance bond amounts for Woolwich Residential LLC’s King’s Meadow South – Phase I project, significantly lowering required Public Facilities and Safety & Stabilization guarantees. Landscape buffering bonds remain at their original amount.
Contract Details
Contract Amount
Performance surety bond reductions: Public Facilities from $1,533,600.00 to $903,096.00; Safety & Stabilization from $32,836.00 to $28,624.84; Landscape Buffering no reduction
Vendor
WOOLWICH RESIDENTIAL LLC
Agency
Township of Woolwich, NJ
Contract Type
FACILITIES
Document Date
May 18, 2026
Contract Term
Performance guarantees remain in effect until final release
Renewal Info
Partial bond release for specific line items; remaining amounts continue until future action.
More from WOOLWICH RESIDENTIAL LLC
Related Contracts
Woolwich Township Committee AgendaPacket 2026-05-18
AMENDEDWoolwich Township Committee AgendaPacket 2026-05-18
APPROVEDWoolwich Township Committee AgendaPacket 2026-05-18
AMENDEDWoolwich Township Committee AgendaPacket 2026-05-18
APPROVEDWoolwich Township Committee AgendaPacket 2026-05-18
APPROVEDMore from Township of Woolwich
Woolwich Township Committee AgendaPacket 2026-05-18
Woolwich Township Committee AgendaPacket 2026-05-18
Woolwich Township Committee AgendaPacket 2026-05-18
Woolwich Township Committee AgendaPacket 2026-05-18
Woolwich Township Committee AgendaPacket 2026-05-18
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.