CONTRACTAMENDED

Township Cuts LOC Balances for Villages I Section 2.3

Township of Woolwich logoTownship of Woolwich
Disclosed value
Public Facilities Performance Guarantee reduced to $320,250.00; Safety & Stabilization Guarantee reduced to $13,730.50
From agendapacket
Document date
Jun 15, 2026

The 30-second brief

What it covers

Woolwich Township reduced the amounts on Parke Bank Letter of Credit #25-02 that secures Villages I Section 2.3, decreasing public facilities and safety guarantees while maintaining landscape and lighting components. The change reflects completed improvements verified by the township engineer.

Who holds it

Parke Bank holds this financial services contract with Township of Woolwich. Its other public contracts on record include work for Gloucester county Housing Authority and Cape May County MUA.

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Contract details

Contract type
Financial Services
Amount
Public Facilities Performance Guarantee reduced to $320,250.00; Safety & Stabilization Guarantee reduced to $13,730.50
Document date
June 15, 2026
Source document
Woolwich Township Committee Agenda Packet 2026-06-15 (AgendaPacket)

Parke Bank's other public contracts

More Township of Woolwich contracts

Questions about this contract

Who was awarded the financial services contract by Township of Woolwich?

Parke Bank was awarded this financial services contract by Township of Woolwich, as recorded on June 15, 2026. The contract value is Public Facilities Performance Guarantee reduced to $320,250.00; Safety & Stabilization Guarantee reduced to $13,730.50.

How much is the Parke Bank contract with Township of Woolwich worth?

The Parke Bank contract with Township of Woolwich is valued at Public Facilities Performance Guarantee reduced to $320,250.00; Safety & Stabilization Guarantee reduced to $13,730.50, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Woolwich Township Committee Agenda Packet 2026-06-15 (AgendaPacket), dated June 15, 2026 from Township of Woolwich. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Parke Bank hold?

Parke Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Township of Woolwich currently buying?

Explore Township of Woolwich's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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