FINANCIAL_SERVICESAMENDED

Township Reduces Development Performance Bonds

Woolwich Township approved the first reduction of two performance guarantees issued by Western Surety Company for the King's Meadows South – Phase 2 development, lowering the public facilities bond to $1,386,955.20 and the safety & stabilization bond to $32,723.87. The landscape buffering bond remains unchanged at $135,432.00.

Status
AMENDED
Document date
August 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Western Surety Company
Agency
Township of Woolwich · NJ

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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
Reduction of Bond #30233839 from $1,968,895.20 to $1,386,955.20; Reduction of Bond #30233840 from $37,188.95 to $32,723.87
Contract type
FINANCIAL_SERVICES
Renewal
Performance bonds remain in force in reduced amounts and will be maintained on file until further reduction or release is authorized by the Township.
Document type
AgendaPacket
Source document
Woolwich Township Committee AgendaPacket August 17, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Township of Woolwich?

Western Surety Company was awarded this financial services contract by Township of Woolwich, as recorded on August 17, 2026. The contract value is Reduction of Bond #30233839 from $1,968,895.20 to $1,386,955.20; Reduction of Bond #30233840 from $37,188.95 to $32,723.87.

How much is the Western Surety Company contract with Township of Woolwich worth?

The Western Surety Company contract with Township of Woolwich is valued at Reduction of Bond #30233839 from $1,968,895.20 to $1,386,955.20; Reduction of Bond #30233840 from $37,188.95 to $32,723.87, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Woolwich Township Committee AgendaPacket August 17, 2026 (AgendaPacket), dated August 17, 2026 from Township of Woolwich. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Western Surety Company hold?

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

View Western Surety Company's profile

What is Township of Woolwich currently buying?

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

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