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CONSTRUCTIONAPPROVED

Woolwich Township Committee AgendaPacket 2026-05-18

Township accepts maintenance bond for Oak View Terrace paving

$237,976.17 (original construction contract); $219,545.54 (maintenance bond amount)Township of WoolwichARAWAK PAVING CO INCMay 18, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
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Description

Woolwich Township accepted a two-year $219,545.54 maintenance bond from Arawak Paving Co Inc for the completed Improvements to Oak View Terrace project, originally awarded for $237,976.17. Acceptance of the maintenance bond releases the prior performance guarantee while ensuring coverage through April 20, 2028.

Contract Details

Contract Amount

$237,976.17 (original construction contract); $219,545.54 (maintenance bond amount)

Vendor

ARAWAK PAVING CO INC

Agency

Township of Woolwich, NJ

Contract Type

CONSTRUCTION

Document Date

May 18, 2026

Contract Term

Maintenance bond effective April 20, 2026 – April 20, 2028

Renewal Date

2028-04-20

Renewal Info

Performance guarantee is released and replaced by a two-year maintenance bond running through April 20, 2028.

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