Performance bond released; maintenance bond accepted for Panzarella
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Description
The Borough plans to release performance bonds previously posted by Panzarella Properties, LLC for public improvements at Block 254, Lot 11 and accept a $1,905 maintenance bond. Resolution 26-197 clears the project from performance security while establishing ongoing maintenance security.
Contract Details
Contract Amount
Maintenance Bond in the amount of $1,905.00
Vendor
PANZARELLA PROPERTIES LLC
Agency
Borough of South Plainfield, NJ
Contract Type
CONSTRUCTION
Document Date
May 18, 2026
Renewal Info
Performance bonds are released and replaced by a maintenance bond of $1,905.00 for completed public improvements.
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