Dermody Properties Performance Guarantee Accepted By Township
Township of SouthamptonCity · Southampton, NJ- Disclosed value
- Performance bond $261,861.19; cash performance guarantee $29,095.69; inspection escrow $317,369.75
- From agendapacket
- Approved
- Sep 15, 2026
The 30-second brief
Southampton Township accepted a performance guarantee from Dermody Properties for Phase 1 improvements on Block 403, Lots 12.01, 12.03, and 12.04. The guarantee includes a performance bond, cash performance deposit, and inspection escrow to secure completion and maintenance of required public improvements.
Dermody Properties holds this contract with Township of Southampton. Its other public contracts on record include work for Reclamation District 2058 and Reno-Tahoe Airport Authority.
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Contract details
- Amount
- Performance bond $261,861.19; cash performance guarantee $29,095.69; inspection escrow $317,369.75
- Document date
- September 15, 2026
- Vendor
- Dermody Properties
- Agency
- Township of Southampton
- Source document
- Township of Southampton AgendaPacket Municipal Document 2026-09-15 (AgendaPacket)
Dermody Properties's other public contracts
More Township of Southampton contracts
Questions about this contract
Who was awarded the government contract by Township of Southampton?
Dermody Properties was awarded this government contract by Township of Southampton, as recorded on September 15, 2026. The contract value is Performance bond $261,861.19; cash performance guarantee $29,095.69; inspection escrow $317,369.75.
How much is the Dermody Properties contract with Township of Southampton worth?
The Dermody Properties contract with Township of Southampton is valued at Performance bond $261,861.19; cash performance guarantee $29,095.69; inspection escrow $317,369.75.
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 Southampton AgendaPacket Municipal Document 2026-09-15 (AgendaPacket), dated September 15, 2026 from Township of Southampton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Dermody Properties hold?
Dermody Properties 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 Southampton currently buying?
Explore Township of Southampton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.