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Barnegat Reduces Forestar Seacrest Pines Guarantees

Township of Barnegat logoTownship of Barnegat
Disclosed value
Performance Guarantee: $191,370.00; Surety Bond or Letter of Credit: $172,233.00; Cash Guarantee: $19,137.00
From resolution
Document date
Apr 5, 2022

The 30-second brief

What it covers

The Township of Barnegat approved a 30% reduction in performance guarantees posted by Forestar Real Estate Group for Seacrest Pines – Phase 3 water system improvements. The resolution adjusts the performance, surety bond, and cash guarantee amounts in accordance with CME Associates’ recommendations and municipal land use law.

Who holds it

Forestar Real Estate Group holds this contract with Township of Barnegat. Its other public contracts on record include work for City of Chaska and Town of Weaverville.

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Contract details

Amount
Performance Guarantee: $191,370.00; Surety Bond or Letter of Credit: $172,233.00; Cash Guarantee: $19,137.00
Document date
April 5, 2022
Vendor
Forestar Real Estate Group
Agency
Township of Barnegat
Source document
township_of_barnegat_resolution_2022_127_performan.pdf (Resolution)

Forestar Real Estate Group's other public contracts

City of Chaska, MinnesotaCouncil Approves Option Assignment With Forestar Real Estate · Jun 29, 2026UndisclosedTown of Weaverville, North CarolinaForestar Real Estate Group water commitment renewal approved · Feb 23, 2026UndisclosedTown of Weaverville, North CarolinaWeaverville Renews Northridge Farms Water Commitment · Feb 23, 2026Town of Johnstown, ColoradoWater and Sewer Agreements Approved for Forestar Development · Nov 26, 2025UndisclosedTown of Mead, ColoradoForestar Real Estate Group owes $5,621.30 · Sep 30, 2025$5.6KAll Forestar Real Estate Group contractsVendor profile

More Township of Barnegat contracts

Horizon Blue Cross Blue Shield of New JerseyBarnegat Ratifies Horizon Health Benefits Services · Oct 6, 2026UndisclosedOcean County Prosecutors’ OfficeBarnegat Approves Regional SWAT Services Agreement · Oct 6, 2026Core LogicBarnegat Authorizes $340.79 Tax Refund to Core Logic · Oct 6, 2026$340.8County of OceanBarnegat Authorizes County Regional SWAT Agreement · Oct 6, 2026Td BankBarnegat Approves TD Bank Procurement Card Program · Oct 6, 2026UndisclosedAll Township of Barnegat activityAgency profile

Questions about this contract

Who was awarded the government contract by Township of Barnegat?

Forestar Real Estate Group was awarded this government contract by Township of Barnegat, as recorded on April 5, 2022. The contract value is Performance Guarantee: $191,370.00; Surety Bond or Letter of Credit: $172,233.00; Cash Guarantee: $19,137.00.

How much is the Forestar Real Estate Group contract with Township of Barnegat worth?

The Forestar Real Estate Group contract with Township of Barnegat is valued at Performance Guarantee: $191,370.00; Surety Bond or Letter of Credit: $172,233.00; Cash Guarantee: $19,137.00.

What type of contract is this?

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

Where was this contract approved?

This contract appears in township_of_barnegat_resolution_2022_127_performan.pdf (Resolution), dated April 5, 2022 from Township of Barnegat. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Forestar Real Estate Group hold?

Forestar Real Estate Group 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 Township of Barnegat currently buying?

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

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