Maintenance Surety Bond Secures Sewer Improvements
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Description
Moorestown Township holds a $57,790.50 maintenance surety bond from Nationwide Mutual Insurance Company, along with a cash inspection escrow, to cover ongoing maintenance obligations for sewer-related improvements at the Borton Landing Road Family Apartments. The bond includes coverage for the completed landscaping work.
Contract Details
Contract Amount
$57,790.50
Vendor
NATIONWIDE MUTUAL INSURANCE COMPANY
Agency
Township of Moorestown, NJ
Contract Type
INSURANCE
Document Date
April 20, 2026
Renewal Info
Maintenance bond remains in force for the standard maintenance period following acceptance of improvements; specific expiration date not stated.
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