CONSTRUCTIONAPPROVED

City of Valparaiso Awards Construction Contract to Olthof Homes (August 2026)

The Board approved bond adjustments for Olthof Homes' West Wind Subdivision. The action included maintenance bonds, performance bond reductions, and bond releases tied to completed public improvements.

Document date · August 14, 2026

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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
Maintenance bond $98,047.88; performance bond release $92,232.85; performance bond reduction from $331,866.60 to $131,022.56; new maintenance bond $86,425.14
Contract type
CONSTRUCTION
Contract term
Two-year period
Renewal date
2028-08-14
Renewal
Phase 1B maintenance bond accepted for a two-year period; Phase 2A new maintenance bond accepted for a two-year period. Performance bond reduction and release approved for completed improvements.
Document type
Minutes
Source document
Board of Public Works and Safety Minutes August 14, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Valparaiso?

Olthof Homes was awarded this construction contract by City of Valparaiso, as recorded on August 14, 2026. The contract value is Maintenance bond $98,047.88; performance bond release $92,232.85; performance bond reduction from $331,866.60 to $131,022.56; new maintenance bond $86,425.14.

How much is the Olthof Homes contract with City of Valparaiso worth?

The Olthof Homes contract with City of Valparaiso is valued at Maintenance bond $98,047.88; performance bond release $92,232.85; performance bond reduction from $331,866.60 to $131,022.56; new maintenance bond $86,425.14, covering construction work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Board of Public Works and Safety Minutes August 14, 2026 (Minutes), dated August 14, 2026 from City of Valparaiso. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Olthof Homes hold?

Olthof Homes 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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