The Project consists of a two (2) year contract with two optional one (1) year extensions to perform roadway maintenance and repair on an as-needed basis, as directed by the Borough of Montvale. Pay items include milling, hot mix asphalt base and surface courses, various types of curb repair, sidewalk repair, and infrared pavement repair. The quantities listed in the bid proposal are used only for purposes of obtaining unit prices and conducting a comparison between the bidders. Payment will be made on actual quantities ordered by the Borough of Montvale. This emergency repair contract does not guarantee any work during the term of the contract. Note that during the term of the prior contract with the Borough, this work averaged $120,000 per year, which is not a guarantee of future needs or revenues. Proposals must be made on the standard proposal forms included with the Contract Documents in the manner designated in the Contract Documents, must be enclosed in sealed envelopes bearing the name and address of the bidder and the name of the project on the outside and be addressed to the Borough of Montvale, and must be accompanied by a statement of consent of surety from a surety company authorized to do business in the State of New Jersey and acceptable to the Owner and either a bid bond or a certified check drawn to the order of Borough of Montvale for not less than ten percent (10%) of the amount bid, except that the check shall not exceed $20,000.00. The successful bidder is hereby notified that a performance bond and labor and material (payment) bond for the full amount of this project is required. The award of the Contract for this project will not be made until the necessary funds have been provided by the Owner in a lawful manner. Proposals for this contract will only be accepted from bidders who have properly qualified in accordance with the requirements of the Contract Documents. The right is also reserved to reject any or all bids or to waive any informalities where such informality is not detrimental to the best interest of the Owner, except as to those items which are deemed mandatory and non-waivable set forth in N.J.S.A. 40A:11-23.2. Further, the Owner reserves the right to abandon the project and reject the bids entirely if any legal or state or federal administrative action is taken against the Owner which could delay or jeopardize the project from commencing. The right is also reserved to increase or decrease the quantities specified in the manner designated in the Specifications.
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