Ryland Developers Performance Bond Reduction Amended

The Township Committee will consider a resolution amending Resolution #2025-209 to modify performance bond reduction amounts for Ryland Developers LLC. This action adjusts the financial guarantees tied to the developer’s project.

Document date · November 17, 2025

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Scope & details

The full contract record, as filed.

Contract type

CONSTRUCTION

Renewal

Amends prior Resolution #2025-209 regarding performance bond reduction amounts; details to be set in the amending resolution.

Document type

Agenda

Source document

township_of_readington_committee_meeting_agenda_no.pdf

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Other contracts from Ryland Developers Llc.

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township_committee_meeting_agenda_december_2025.pdf

AMENDED

Township of Readington, New JerseyDec 15, 2025

readington_township_committee_meeting_minutes_nove.pdf

AMENDED

Township of Readington, New JerseyPerformance Bond #FP0025525 original $2,998,821.96 reduced to $1,609,434.36; Cash Performance Guarantee Check #2157 original $333,202.44 with $154,376.40 to be returned and $178,826.04 retainedNov 17, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Township of Readington?

Ryland Developers Llc was awarded this construction contract by Township of Readington, as recorded on November 17, 2025.

What type of contract is this?

This is a Construction contract, documented as a agenda record.

Where was this contract approved?

This contract appears in township_of_readington_committee_meeting_agenda_no.pdf (Agenda), dated November 17, 2025 from Township of Readington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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