City Accepts Perna Finnigan Maintenance Bond
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Description
Gloucester City accepted a two-year maintenance bond from Perna Finnigan, Inc. for the CDBG-funded 800 Block of Division Street Roadway & Utility Improvements and authorized release of the performance guarantee, contingent on all project vouchers being paid. The bond secures post-construction maintenance obligations.
Contract Details
Vendor
PERNA FINNIGAN INC
Agency
City of Gloucester, NJ
Contract Type
CONSTRUCTION
Document Date
June 15, 2026
Contract Term
Two (2) year maintenance bond
Renewal Info
Two-year maintenance bond period commences upon project acceptance; performance guarantee released once all outstanding vouchers are paid.
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