CONTRACTONGOING

Vision Electric Works Without Bond; $30K Credit Given

Town of Norfolk logoTown of Norfolk
Disclosed value
Credit of $30,000 received (projected bond cost)
From minutes
Document date
Jun 18, 2026

The 30-second brief

What it covers

Vision Electric continues to perform electrical work on the Norfolk Firehouse project without a performance bond, and the project has received a $30,000 credit equal to the avoided bond cost. Newfield is documenting this exception to support risk management going forward.

Who holds it

Vision Electric holds this construction contract with Town of Norfolk. Its other public contracts on record include work for City of Fayette and Vernon Hills village.

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Contract details

Contract type
Construction
Amount
Credit of $30,000 received (projected bond cost)
Document date
June 18, 2026
Source document
Norfolk Firehouse Building Committee Monthly Meeting Minutes 2026-06-18 (Minutes)

Vision Electric's other public contracts

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Questions about this contract

Who was awarded the construction contract by Town of Norfolk?

Vision Electric was awarded this construction contract by Town of Norfolk, as recorded on June 18, 2026. The contract value is Credit of $30,000 received (projected bond cost).

How much is the Vision Electric contract with Town of Norfolk worth?

The Vision Electric contract with Town of Norfolk is valued at Credit of $30,000 received (projected bond cost), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Norfolk Firehouse Building Committee Monthly Meeting Minutes 2026-06-18 (Minutes), dated June 18, 2026 from Town of Norfolk. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Vision Electric hold?

Vision Electric 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 Town of Norfolk currently buying?

Explore Town of Norfolk's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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