Maintenance Bond Accepted for Bergen Street Project
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Description
Council accepted a two-year maintenance bond from Perna Finnigan, Inc. and released the performance guarantee for the completed Bergen Street Utility Roadway Improvements. The action transitions the project from construction to the maintenance warranty phase.
Contract Details
Vendor
PERNA FINNIGAN INC
Agency
City of Gloucester, NJ
Contract Type
CONSTRUCTION
Document Date
April 27, 2026
Contract Term
Two (2) year maintenance bond period
Renewal Info
Two-year maintenance bond period commences upon acceptance; performance guarantee released and no further construction obligations under the original bond.
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