Schaumburg Recommends Accepting Nitti Development Improvements
Town of SchaumburgCity · Hoffman Estates, IL- Disclosed value
- No cost to the Village; 12-month maintenance bond equal to 20% of the Engineer’s Opinion of Probable Cost
- From agendapacket
- Document date
- Feb 5, 2026
The 30-second brief
Schaumburg staff recommended accepting Summit Grove Subdivision improvements from Nitti Development at no cost to the Village. The transfer covers public roadways, utilities, sidewalks, lighting, signage, and related infrastructure, subject to a bill of sale and a 12-month maintenance bond.
Nitti Development holds this construction contract with Town of Schaumburg. Its other public contracts on record include work for Schaumburg village (pt.).
Term as filed: 12-month maintenance period after Village acceptance.
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Contract details
- Contract type
- Construction
- Amount
- No cost to the Village; 12-month maintenance bond equal to 20% of the Engineer’s Opinion of Probable Cost
- Document date
- February 5, 2026
- Term
- 12-month maintenance period after Village acceptance
- Vendor
- Nitti Development
- Agency
- Town of Schaumburg
- Source document
- Village of Schaumburg AgendaPacket Engineering and Public Works Committee Meeting 2026-02-05 (AgendaPacket)
Nitti Development's other public contracts
More Town of Schaumburg contracts
Questions about this contract
Who was awarded the construction contract by Town of Schaumburg?
Nitti Development was awarded this construction contract by Town of Schaumburg, as recorded on February 5, 2026. The contract value is No cost to the Village; 12-month maintenance bond equal to 20% of the Engineer’s Opinion of Probable Cost.
How much is the Nitti Development contract with Town of Schaumburg worth?
The Nitti Development contract with Town of Schaumburg is valued at No cost to the Village; 12-month maintenance bond equal to 20% of the Engineer’s Opinion of Probable Cost, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Village of Schaumburg AgendaPacket Engineering and Public Works Committee Meeting 2026-02-05 (AgendaPacket), dated February 5, 2026 from Town of Schaumburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Nitti Development hold?
Nitti 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 Town of Schaumburg currently buying?
Explore Town of Schaumburg's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.