The approximate quantities of the principal items are as follows: DESCRIPTION UNIT CONTRACT QUANTITY DREDGING - TYPE I MATERIAL (silty surface sediments) CY 10,300 DREDGING - TYPE II MATERIAL (sands, gravels, and clays) CY 116,200 INSTALL REVETMENT STONE CY 2,900 EXCAVATION, PLACEMENT, GRADING AND COMPACTION OF EXISTING ON-SITE SOIL CY 60,600 Each bid must be accompanied by a Certified Check, Cashier's Check, or Bid Bond for not less than 10 percent (10%) of the total amount bid, but not in excess of $20,000, made payable to the Gloucester County Improvement Authority. Successful bidder will be required to furnish a bond of a surety company, satisfactory to the Authority, in a sum equal to 100 percent of the total contract price. All bidders are required to comply with the requirements of P.L. 1975, C. 127 (N.J.S.A. 10:5-31 et seq.) (Affirmative Action), N.J.S.A. 34:11-56.27 et seq. (New Jersey Prevailing Wage Act), and Americans with Disabilities Act of 1990 (42 U.S.C. 12101, et seq.). All bidders are further notified that they must comply with N.J.S.A. 52:25-24.2 and submit a Disclosure Statement listing stockholders with the bid. In addition, all bidders must comply with N.J.S.A. 34:11-56.48 et seq. Public Works Contractor Registration Act and the contractor and all subcontractors must be registered in accordance with the Act. The Owner reserves the right to reject any and all bids in accordance with Local Public Contracts Law and will determine the lowest responsible and responsive bidder in compliance with N.J.S.A. 40A:11-24. Furthermore, the Owner may request written clarification of any aspect of the bid where, in the Owner's opinion, ambiguities exist. No bidder may withdraw its bid for a period of sixty (60) days after the actual date of the opening of the bids. Pursuant to N.J.S.A. 40A:11-23.3, if within five (5) days after Bids are opened, any Bidder files a duly signed, written notice with Owner that demonstrates, to the reasonable satisfaction of Owner, that there was a material and substantial mistake in the preparation of its Bid, that Bidder may withdraw its Bid, and the Bid security will be returned. Thereafter, if the Work is rebid, that Bidder will be disqualified from further bidding on the Work. Owner will determine the lowest responsible bid within the 60-day time frame set forth at N.J.S.A. 40A:11-24, subject to any agreed upon extension.
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