OTHERAPPROVED

Performance Bond Released for Seaport Associates Project

Sayreville approved the release of a $1,205,401.00 performance bond posted by Sayreville Seaport Associates Urban Renewal, LP after project work was deemed complete. The release is conditioned on posting a two-year 15% maintenance bond totaling $180,810.15.

Document date · March 23, 2026

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

Scope & details

The full contract record, as filed.

Contract amount
$1,205,401.00 (performance bond); $180,810.15 (required maintenance bond)
Contract type
OTHER
Contract term
Two (2) year 15% maintenance bond period after release
Renewal date
2028-03-23
Renewal
Performance bond converted to a two-year 15% maintenance bond; bond maintenance period functions as a post-construction guarantee rather than a renewable contract.
Document type
Minutes
Source document
Borough of Sayreville Regular/Agenda Meeting Minutes March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Borough of Sayreville?

Sayreville Seaport Associates Urban Renewal Lp was awarded this government contract by Borough of Sayreville, as recorded on March 23, 2026. The contract value is $1,205,401.00 (performance bond); $180,810.15 (required maintenance bond).

How much is the Sayreville Seaport Associates Urban Renewal Lp contract with Borough of Sayreville worth?

The Sayreville Seaport Associates Urban Renewal Lp contract with Borough of Sayreville is valued at $1,205,401.00 (performance bond); $180,810.15 (required maintenance bond).

What type of contract is this?

This is a government contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Borough of Sayreville Regular/Agenda Meeting Minutes March 2026 (Minutes), dated March 23, 2026 from Borough of Sayreville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sayreville Seaport Associates Urban Renewal Lp hold?

Sayreville Seaport Associates Urban Renewal Lp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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