CONTRACTAPPROVED

City of Newport Awards Construction Contract to Bailey Development LLC (October 2026)

City of Newport logoCity of Newport
Disclosed value
$2,330,332.09 required project security; estimated construction cost of $1,864,265.67
From resolution
Approved
Oct 29, 2026
Renews
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The 30-second brief

What it covers

Newport approved a Development Agreement with Bailey Development, LLC for Bailey Business Park. The agreement covers public infrastructure including streets, stormwater facilities, utilities, sidewalks, trails, lighting, landscaping, and signage, with $2.33 million in required project security and completion required by November 30, 2028.

Who holds it

Bailey Development LLC holds this construction contract with City of Newport. Its other public contracts on record include work for Township of Wall.

What happens next

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Contract details

Contract type
Construction
Amount
$2,330,332.09 required project security; estimated construction cost of $1,864,265.67
Document date
October 29, 2026
Term
Approved October 29, 2026; required improvements due by November 30, 2028; agreement remains in effect until the developer completes its obligations
Renews
On record
Source document
City of Newport Resolution 2026-93 - Bailey Business Park Developers Agreement 2026-10-29 (Resolution)

Bailey Development LLC's other public contracts

More City of Newport contracts

Questions about this contract

Who was awarded the construction contract by City of Newport?

Bailey Development LLC was awarded this construction contract by City of Newport, as recorded on October 29, 2026. The contract value is $2,330,332.09 required project security; estimated construction cost of $1,864,265.67.

How much is the Bailey Development LLC contract with City of Newport worth?

The Bailey Development LLC contract with City of Newport is valued at $2,330,332.09 required project security; estimated construction cost of $1,864,265.67, 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 City of Newport Resolution 2026-93 - Bailey Business Park Developers Agreement 2026-10-29 (Resolution), dated October 29, 2026 from City of Newport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bailey Development LLC hold?

Bailey Development 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 City of Newport currently buying?

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

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