Woolwich Township Committee AgendaPacket 2026-05-18
Township trims Western Surety bond for King’s Meadow North
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Description
Western Surety Company’s performance bond obligations for the King’s Meadow North – Phase I project were partially reduced by the Woolwich Township Committee based on verified construction progress. The surety continues to guarantee remaining public facilities, safety, and landscaping obligations.
Contract Details
Contract Amount
Performance bonds backing original amounts: Public Facilities $866,597.40; Safety & Stabilization $24,164.94; Landscape Buffering $131,304.00 (reduced to remaining amounts as specified)
Vendor
WESTERN SURETY COMPANY
Agency
Township of Woolwich, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Bonds remain in effect until further reductions or releases
Renewal Info
Bond remains active for reduced amounts until later reductions or final release.
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