Borough of Newfield Awards Construction Contract to Jmn Properties LLC (September 2026)
Borough of NewfieldCity · Newfield Borough, NJ- Disclosed value
- Original performance bond: $1,420,751.40; reduction: $358,796.20; new performance bond: $1,061,955.20
- From resolution
- Approved
- Sep 10, 2026
The 30-second brief
The Borough of Newfield approved JMN Properties, LLC’s reduction of the Rosewood Subdivision Project performance bond from $1,420,751.40 to $1,061,955.20. The action reflects completed site work and requires a maintenance bond and inspection-fee escrow.
Jmn Properties LLC holds this construction contract with Borough of Newfield.
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Contract details
- Contract type
- Construction
- Amount
- Original performance bond: $1,420,751.40; reduction: $358,796.20; new performance bond: $1,061,955.20
- Document date
- September 10, 2026
- Vendor
- Jmn Properties LLC
- 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)
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Questions about this contract
Who was awarded the construction contract by Borough of Newfield?
Jmn Properties LLC was awarded this construction contract by Borough of Newfield, as recorded on September 10, 2026. The contract value is Original performance bond: $1,420,751.40; reduction: $358,796.20; new performance bond: $1,061,955.20.
How much is the Jmn Properties LLC contract with Borough of Newfield worth?
The Jmn Properties LLC contract with Borough of Newfield is valued at Original performance bond: $1,420,751.40; reduction: $358,796.20; new performance bond: $1,061,955.20, covering construction work.
What type of contract is this?
This is a Construction 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 Jmn Properties LLC hold?
Jmn Properties LLC 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.