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Performance Bond for CW Neptune Site Reduced

Township of Neptune logoTownship of Neptune
Disclosed value
Performance Bond #SUR4000682: reduced to $411,935.60 (original bond $1,825,537.85)
From minutes
Document date
Mar 23, 2026

The 30-second brief

What it covers

The Township Committee approved the reduction and replacement of Performance Bond #SUR4000682 issued by Frankenmuth Insurance Company for CW Neptune, LLC’s Jumping Brook Road and Tee Place project. The bond amount will be reduced from $1,825,537.85 to $411,935.60 with corresponding adjustments to the cash escrow.

Who holds it

Frankenmuth Insurance Company holds this financial services contract with Township of Neptune. Its other public contracts on record include work for Town of Harrison and City of Wahpeton.

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Contract details

Contract type
Financial Services
Amount
Performance Bond #SUR4000682: reduced to $411,935.60 (original bond $1,825,537.85)
Document date
March 23, 2026
Vendor
Frankenmuth Insurance Company
Agency
Township of Neptune
Source document
Township of Neptune Committee Meeting Minutes March 23 2026 (Minutes)

Frankenmuth Insurance Company's other public contracts

Town of Harrison, New YorkFrankenmuth Surety Bond Set for Replacement and Release · Nov 5, 2026City of Wahpeton, IowaSettlement Agreement Approved With Frankenmuth Insurance · Sep 14, 2026UndisclosedCity of Wahpeton, IowaWahpeton Considers Settlement With Frankenmuth Insurance · Sep 14, 2026UndisclosedTownship of Woolwich, New JerseyFrankenmuth Issues Performance Bond for Warehouse Project · Jul 20, 2026$619.2KOnslow County Schools, North CarolinaFrankenmuth Provides Bid Bond for School Project · Jun 2, 2026All Frankenmuth Insurance Company contractsVendor profile

More Township of Neptune contracts

Cliffside Body Corp of Fairview NjNeptune Authorizes F-550 Equipment Purchase from Cliffside · Nov 11, 2026Neptune Ale House LLCNeptune Renews Neptune Ale House License · Nov 11, 2026UndisclosedFrederick Dempsey Post No. 266 American LegionNeptune Renews American Legion Liquor License · Nov 11, 2026UndisclosedNeptune First Aid Squad IncNeptune Renews Lease With Neptune First Aid Squad · Nov 11, 2026UndisclosedKuchaculla, Kusumaker ReddyNeptune Authorizes Alpha Liquors Property Purchase · Nov 11, 2026$650KAll Township of Neptune activityAgency profile

Questions about this contract

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

Frankenmuth Insurance Company was awarded this financial services contract by Township of Neptune, as recorded on March 23, 2026. The contract value is Performance Bond #SUR4000682: reduced to $411,935.60 (original bond $1,825,537.85).

How much is the Frankenmuth Insurance Company contract with Township of Neptune worth?

The Frankenmuth Insurance Company contract with Township of Neptune is valued at Performance Bond #SUR4000682: reduced to $411,935.60 (original bond $1,825,537.85), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Township of Neptune Committee Meeting Minutes March 23 2026 (Minutes), dated March 23, 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 Frankenmuth Insurance Company hold?

Frankenmuth Insurance 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.

What is Township of Neptune currently buying?

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

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