Municipality of Princeton AgendaPacket 2026-06-22
Final Closeout of Lucas Brothers Street Improvement Contract
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Description
Princeton will approve a final change order with Lucas Brothers Inc. for the Alexander Street, Dickinson Street, and University Place improvements, reducing the contract to $1.34 million and issuing a final payment of $37,735.38. The resolution also releases the performance bond and accepts a $201,724.38 maintenance bond.
Contract Details
Contract Amount
Final Contract Amount $1,344,829.21; Change Order -$370,735.79; Final Payment $37,735.38; Maintenance Bond $201,724.38
Vendor
LUCAS BROTHERS INC
Agency
Princeton Housing Authority, NJ
Contract Type
CONSTRUCTION
Document Date
June 22, 2026
Renewal Info
Final change order and transition from performance bond to maintenance bond, indicating contract closeout.
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