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Neptune Cancels Prior Alpha Liquors Purchase Agreement

Township of Neptune logoTownship of Neptune
Document date
Nov 11, 2026

The 30-second brief

What it covers

The Township of Neptune cancelled its November 2025 real estate purchase agreement with Kusumaker Reddy Kuchaculla after discovering an underground storage tank with unknown remediation requirements. The parties later resumed negotiations under revised environmental conditions.

Who holds it

Kuchaculla, Kusumaker Reddy holds this facilities contract with Township of Neptune.

What happens next

Term as filed: Entered November 21, 2025; subject to a due diligence period.

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Contract details

Contract type
Facilities
Document date
November 11, 2026
Term
Entered November 21, 2025; subject to a due diligence period
Vendor
Kuchaculla, Kusumaker Reddy
Agency
Township of Neptune
Source document
26-324 - RESOLUTION AUTHORIZING THE EXECUTION OF A CONTRACT TO ACQUIRE ALPHA LIQUORS LOCATED AT 1515 WEST LAKE AVENUE (LOT 15, BLOCK 602) AND THE ADJACENT LOT LOCATED AT 1509 WEST LAKE AVENUE (LOT 14, BLOCK 602) IN THE TOWNSHIP OF NEPTUNE FOR THE PURCHASE PRICE OF $650,000 (Contract)

Kuchaculla, Kusumaker Reddy's other public contracts

Township of Neptune, New JerseyNeptune Authorizes Alpha Liquors Property Purchase · Nov 11, 2026$650KTownship of Neptune, New JerseyNeptune Approves $650K West Lake Property Purchase · Sep 28, 2026$650KTownship of Neptune, New JerseyNeptune Authorizes $650,000 West Lake Property Purchase · Sep 28, 2026$650K

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Questions about this contract

Who was awarded the facilities contract by Township of Neptune?

Kuchaculla, Kusumaker Reddy was awarded this facilities contract by Township of Neptune, as recorded on November 11, 2026.

What type of contract is this?

This is a Facilities contract, documented as a contract record.

Where was this contract approved?

This contract appears in 26-324 - RESOLUTION AUTHORIZING THE EXECUTION OF A CONTRACT TO ACQUIRE ALPHA LIQUORS LOCATED AT 1515 WEST LAKE AVENUE (LOT 15, BLOCK 602) AND THE ADJACENT LOT LOCATED AT 1509 WEST LAKE AVENUE (LOT 14, BLOCK 602) IN THE TOWNSHIP OF NEPTUNE FOR THE PURCHASE PRICE OF $650,000 (Contract), dated November 11, 2026 from Township of Neptune. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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