CONTRACTPENDING

Authority Considers Matrix Projects Security Actions

Shippensburg Borough (Water And Sewer) Authority
Disclosed value
Lot 6 escrow release approximately $1,902.58; Conduit escrow release approximately $596.76 and maintenance security $171,814.50; Lot B1 escrow release approximately $126 and maintenance security $18,430.50; Oberholtzer security reduction $348,700 contingent upon maintenance security $75,900
From agenda
Document date
Sep 8, 2026

The 30-second brief

What it covers

The Shippensburg Borough Authority is considering escrow and security actions for Matrix Projects across Lot 6, Conduit, Lot B1, and Oberholtzer. The agenda lists approximately $2,625.34 in escrow releases, additional maintenance security requirements, and a $348,700 security reduction contingent on $75,900 in maintenance security.

Who holds it

Matrix Projects holds this contract with Shippensburg Borough (Water And Sewer) Authority.

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Contract details

Amount
Lot 6 escrow release approximately $1,902.58; Conduit escrow release approximately $596.76 and maintenance security $171,814.50; Lot B1 escrow release approximately $126 and maintenance security $18,430.50; Oberholtzer security reduction $348,700 contingent upon maintenance security $75,900
Document date
September 8, 2026
Source document
Shippensburg Borough Authority Agenda September 8, 2026 (Agenda)

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Questions about this contract

Who was awarded the government contract by Shippensburg Borough (Water And Sewer) Authority?

Matrix Projects was awarded this government contract by Shippensburg Borough (Water And Sewer) Authority, as recorded on September 8, 2026. The contract value is Lot 6 escrow release approximately $1,902.58; Conduit escrow release approximately $596.76 and maintenance security $171,814.50; Lot B1 escrow release approximately $126 and maintenance security $18,430.50; Oberholtzer security reduction $348,700 contingent upon maintenance security $75,900.

How much is the Matrix Projects contract with Shippensburg Borough (Water And Sewer) Authority worth?

The Matrix Projects contract with Shippensburg Borough (Water And Sewer) Authority is valued at Lot 6 escrow release approximately $1,902.58; Conduit escrow release approximately $596.76 and maintenance security $171,814.50; Lot B1 escrow release approximately $126 and maintenance security $18,430.50; Oberholtzer security reduction $348,700 contingent upon maintenance security $75,900.

What type of contract is this?

This is a government contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Shippensburg Borough Authority Agenda September 8, 2026 (Agenda), dated September 8, 2026 from Shippensburg Borough (Water And Sewer) Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Matrix Projects hold?

Matrix Projects 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 Shippensburg Borough (Water And Sewer) Authority currently buying?

Explore Shippensburg Borough (Water And Sewer) Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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