Newfield Amends Capitol Indemnity Performance Bond
Borough of NewfieldCity · Newfield Borough, NJ- Disclosed value
- Original surety bond: $1,420,751.40; new performance bond: $1,061,955.20
- From resolution
- Document date
- Sep 10, 2026
The 30-second brief
The Borough of Newfield approved a reduction to the Capitol Indemnity Corporation performance surety bond for the Rosewood Subdivision Project. The bond decreases by $358,796.20, from $1,420,751.40 to $1,061,955.20.
Capitol Indemnity Corporation holds this insurance contract with Borough of Newfield. Its other public contracts on record include work for Hampden Township Sewer Authority and Berkeley County.
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Contract details
- Contract type
- Insurance
- Amount
- Original surety bond: $1,420,751.40; new performance bond: $1,061,955.20
- Document date
- September 10, 2026
- Agency
- Borough of Newfield
- Source document
- Borough of Newfield Resolution Resolution No. 74-26 Reducing Project Performance Bond for Rosewood Subdivision Project 2026-09-10 (Resolution)
Capitol Indemnity Corporation's other public contracts
More Borough of Newfield contracts
Questions about this contract
Who was awarded the insurance contract by Borough of Newfield?
Capitol Indemnity Corporation was awarded this insurance contract by Borough of Newfield, as recorded on September 10, 2026. The contract value is Original surety bond: $1,420,751.40; new performance bond: $1,061,955.20.
How much is the Capitol Indemnity Corporation contract with Borough of Newfield worth?
The Capitol Indemnity Corporation contract with Borough of Newfield is valued at Original surety bond: $1,420,751.40; new performance bond: $1,061,955.20, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a resolution record.
Where was this contract approved?
This contract appears in Borough of Newfield Resolution Resolution No. 74-26 Reducing Project Performance Bond for Rosewood Subdivision Project 2026-09-10 (Resolution), dated September 10, 2026 from Borough of Newfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Capitol Indemnity Corporation hold?
Capitol Indemnity Corporation 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 Borough of Newfield currently buying?
Explore Borough of Newfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.