Township Approves Medical Center Development Agreement
Township of NeptuneCity · Neptune, NJ- Disclosed value
- Performance guarantee of $824,112.97, consisting of a $741,701.67 surety bond and $82,411.30 cash deposit/certified check; engineering inspection fee deposit of $165,929.03
- From agendapacket
- Approved
- Oct 15, 2026
The 30-second brief
Neptune Township approved a Developer's Agreement with Jersey Shore University Medical Center, a division of HMH Hospitals Corporation, for the Central Utility Plant and Parking Garage phase. The agreement includes an $824,112.97 performance guarantee and a $165,929.03 engineering inspection fee deposit.
Jersey Shore University Medical Center a Division of Hmh Hospitals Corporation holds this contract with Township of Neptune.
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Contract details
- Amount
- Performance guarantee of $824,112.97, consisting of a $741,701.67 surety bond and $82,411.30 cash deposit/certified check; engineering inspection fee deposit of $165,929.03
- Document date
- October 15, 2026
- Agency
- Township of Neptune
- Source document
- Township of Neptune AgendaPacket October 15, 2026 Meeting (AgendaPacket)
More Township of Neptune contracts
Questions about this contract
Who was awarded the government contract by Township of Neptune?
Jersey Shore University Medical Center a Division of Hmh Hospitals Corporation was awarded this government contract by Township of Neptune, as recorded on October 15, 2026. The contract value is Performance guarantee of $824,112.97, consisting of a $741,701.67 surety bond and $82,411.30 cash deposit/certified check; engineering inspection fee deposit of $165,929.03.
How much is the Jersey Shore University Medical Center a Division of Hmh Hospitals Corporation contract with Township of Neptune worth?
The Jersey Shore University Medical Center a Division of Hmh Hospitals Corporation contract with Township of Neptune is valued at Performance guarantee of $824,112.97, consisting of a $741,701.67 surety bond and $82,411.30 cash deposit/certified check; engineering inspection fee deposit of $165,929.03.
What type of contract is this?
This is a government contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Township of Neptune AgendaPacket October 15, 2026 Meeting (AgendaPacket), dated October 15, 2026 from Township of Neptune. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Jersey Shore University Medical Center a Division of Hmh Hospitals Corporation hold?
Jersey Shore University Medical Center a Division of Hmh Hospitals Corporation 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 Neptune currently buying?
Explore Township of Neptune's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.