Secondary Contractor for Repair Service, Parts Replacement and Emergency Services for Somerset County Water Pumping System (Rebid) - 4807687

This is a service / maintenance or supply contract in Somerville, New Jersey. Contact the soliciting agency for additional information.

Secondary Contractor for Repair Service, Parts Replacement and Emergency Services for Somerset County Water Pumping System. Bidder shall submit with the bid a certified check, cashier check or bid bond in the amount of ten percent (10%) of the total price bid, but not in excess of $20,000, payable unconditionally to the County. Successful bidder shall simultaneously with the delivery of the executed contract, submit an executed bond in the amount of one hundred percent (100%) of the acceptable bid as security for the faithful performance of this contract. The successful bidder shall with the delivery for the performance bond submit an executed payment bond to guarantee payment to laborers and suppliers for the labor and material used in the work performed under the contract. Upon acceptance of the work by the County, the contractor shall submit a maintenance bond (N.J.S.A. 40A:1-16.3) in an amount not to exceed 100% of the project costs guaranteeing against defective quality of work or materials for the period. The effective period of this contract will be two years unless otherwise noted in the specifications. Continuation of the terms of this contract beyond the fiscal year is contingent on availability of funds in the following years budget. In the event of unavailability of such funds, the County reserves the right to cancel this contract. The County reserves the right to postpone the date for presentation and opening of bids and will give written notice of any such postponement to each perspective bidder as required by law.