Village of Craven Minutes Regular Meeting 2026-04-21
Joint Holdback Account Set for Trans Canada Work
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Description
The Village of Craven authorized a No Debit Joint Holdback Account with RBC to manage construction holdback funds for work with Trans Canada Contracting. All withdrawals will require dual in-branch signatures until the project and Builders Lien Act obligations are complete.
Contract Details
Vendor
TRANS CANADA CONTRACTING
Agency
Village of Craven, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
Contract Term
Until project completion and holdback obligations satisfied
Renewal Info
Account remains active until project completion and all Builders Lien Act holdback obligations are met; no ongoing renewal provisions noted.
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Village of Craven Minutes Regular Meeting 2026-04-21
Village of Craven Minutes Regular Meeting 2026-04-21
Village of Craven Minutes Regular Meeting 2026-04-21
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