Civic IQ
CONSTRUCTIONAMENDED

Derby Run Phase 2A Bond Reduced for Maintenance

The Town of Smyrna reviewed the Derby Run Phase 2A infrastructure bond held by Charter Commercial, LLC and recommended reducing the surety from $69,600 to $17,400. The reduced amount will serve as a one-year maintenance bond for completed roads, sewer, and stormwater facilities.

Document date · September 2, 2026

Issuing agencyTown of SmyrnaVendorCharter Commercial Llc

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$69,600 (recommended reduction to $17,400)
Contract type
CONSTRUCTION
Contract term
One-year maintenance period after reduction (roads, sewer, stormwater)
Renewal
Recommendation to convert original construction surety to a one-year maintenance bond at a reduced amount of $17,400 once conditions are met.
Document type
Agenda
Source document
Town of Smyrna Municipal Planning Commission Meeting Agenda 2026-09-03

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Town of Smyrna?

Charter Commercial Llc was awarded this construction contract by Town of Smyrna, as recorded on September 2, 2026. The contract value is $69,600 (recommended reduction to $17,400).

How much is the Charter Commercial Llc contract with Town of Smyrna worth?

The Charter Commercial Llc contract with Town of Smyrna is valued at $69,600 (recommended reduction to $17,400), covering construction work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Smyrna Municipal Planning Commission Meeting Agenda 2026-09-03 (Agenda), dated September 2, 2026 from Town of Smyrna. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Charter Commercial Llc hold?

Charter Commercial Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Smyrna currently buying?

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