CONSTRUCTIONAMENDED

Authority Releases Performance Bond for Fremont Avenue

The Berkeley Township Municipal Utilities Authority approved the release of a $52,275.00 performance bond posted by developer Jeffrey Jerman for improvements on Fremont Avenue, Block 590, Lot 13.01. In its place, the Authority requires a $6,534.30 cash maintenance guarantee to be held for two years from June 25, 2026.

Status
AMENDED
Document date
June 25, 2026
Contract type
CONSTRUCTION
Vendor
Jerman, Jeffrey
Agency
Berkeley Township MUA · NJ

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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
$52,275.00 (performance bond); $6,534.30 (cash maintenance guarantee)
Contract type
CONSTRUCTION
Contract term
Two (2) years from June 25, 2026 for maintenance guarantee
Renewal date
2028-06-25
Renewal
Performance bond obligation is terminated and replaced with a two-year cash maintenance guarantee requirement effective June 25, 2026. Maintenance guarantee is scheduled to expire at the end of the two-year period unless further extended by subsequent action.
Document type
Resolution
Source document
Berkeley Township Municipal Utilities Authority Resolution Authorizing Release of Performance Bond for Jeffrey Jerman 2026-06-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Berkeley Township MUA?

Jerman, Jeffrey was awarded this construction contract by Berkeley Township MUA, as recorded on June 25, 2026. The contract value is $52,275.00 (performance bond); $6,534.30 (cash maintenance guarantee).

How much is the Jerman, Jeffrey contract with Berkeley Township MUA worth?

The Jerman, Jeffrey contract with Berkeley Township MUA is valued at $52,275.00 (performance bond); $6,534.30 (cash maintenance guarantee), covering construction work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Berkeley Township Municipal Utilities Authority Resolution Authorizing Release of Performance Bond for Jeffrey Jerman 2026-06-25 (Resolution), dated June 25, 2026 from Berkeley Township MUA. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jerman, Jeffrey hold?

Jerman, Jeffrey 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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What is Berkeley Township MUA currently buying?

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

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