Township of Delran AgendaPacket Work Session 2026-06-23
Delran Releases Safety Bond for McDonald’s Site Work
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Description
Delran Township approved Resolution 2026-114 to release the $5,000 Safety & Stabilization Bond posted in cash by McDonald’s USA for improvements at Block 9 Lot 41.20, while retaining $791.32 as a two-year maintenance bond. The release is contingent upon McDonald’s posting any outstanding engineering and inspection escrow.
Contract Details
Contract Amount
$5,000.00
Vendor
MCDONALD’S USA
Agency
Township of Delran, NJ
Contract Type
FACILITIES
Document Date
June 23, 2026
Contract Term
2-year maintenance period; $791.32 held as cash maintenance bond
Renewal Date
2028-03-18
Renewal Info
A cash amount of $791.32 will be held as a two-year maintenance bond for the completed site improvements per the engineer's March 18, 2026 recommendation.
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