NJSEA Revises Darby Development Monmouth Park Payment Schedule
Sports and Exposition Authority | State of New JerseyState · Lyndhurst, NJ- Disclosed value
- $1.2 million; alternatively $1.7 million over a 10-year period
- From minutes
- Document date
- Sep 26, 2024
The 30-second brief
NJSEA approved a revised payment schedule allowing Darby Development to pay $1.2 million in advance for sewerage charges associated with Monmouth Park through July 31, 2025. If Darby does not make the advance payment, the existing $1.7 million, 10-year repayment schedule will continue.
Darby Development holds this utilities contract with Sports and Exposition Authority | State of New Jersey. Its other public contracts on record include work for New Jersey Juvenile Justice Commission and New Jersey AG | New Jersey Racing Commission.
Term as filed: Darby may pay $1.2 million in advance and in full through July 31, 2025; otherwise the existing 10-year repayment schedule remains in effect.
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Contract details
- Contract type
- Utilities
- Amount
- $1.2 million; alternatively $1.7 million over a 10-year period
- Document date
- September 26, 2024
- Term
- Darby may pay $1.2 million in advance and in full through July 31, 2025; otherwise the existing 10-year repayment schedule remains in effect
- Vendor
- Darby Development
- Source document
- New Jersey Sports and Exposition Authority Minutes Regular Session Board Meeting 2024-09-26 (Minutes)
Darby Development's other public contracts
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Questions about this contract
Who was awarded the utilities contract by Sports and Exposition Authority | State of New Jersey?
Darby Development was awarded this utilities contract by Sports and Exposition Authority | State of New Jersey, as recorded on September 26, 2024. The contract value is $1.2 million; alternatively $1.7 million over a 10-year period.
How much is the Darby Development contract with Sports and Exposition Authority | State of New Jersey worth?
The Darby Development contract with Sports and Exposition Authority | State of New Jersey is valued at $1.2 million; alternatively $1.7 million over a 10-year period, covering utilities work.
What type of contract is this?
This is a Utilities contract, documented as a minutes record.
Where was this contract approved?
This contract appears in New Jersey Sports and Exposition Authority Minutes Regular Session Board Meeting 2024-09-26 (Minutes), dated September 26, 2024 from Sports and Exposition Authority | State of New Jersey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Darby Development hold?
Darby Development may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Sports and Exposition Authority | State of New Jersey currently buying?
Explore Sports and Exposition Authority | State of New Jersey's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.