Bids must be accompanied by an agreement of surety (consent of surety) furnished by only those sureties who meet the requirements set forth in N.J.S.A. 2A:44-143, wherein the surety company agrees to post a performance bond of 100% of the awarded amount, and a payment | bond of 100% of the awarded amount, if the contract is awarded in principal. The aggregate sum of both bonds shall therefore equal 200% ! of the total contract price. | Bids must be accompanied by a certified check, cashiers check or bid bond payable to East Windsor Municipal Utilities Authority in the amount of 10% of the bid total, not to exceed $20,000. All bid security except the security of the three apparent lowest responsible bidders : shall be returned, unless otherwise requested by the bidder, within 10 days after the opening of the bids, Sundays and holidays excepted, and bids of such bidders shall be considered as withdrawn. Within 3 days, Sundays and holidays excepted, after the awarding and signing of the : contract and the approval of the contractors performance bond, the bid security of the remaining unsuccessful bidders shall be returned to : them. | Bidders are required to comply with all applicable statutory requirements including the requirements of N.J.S.A. 10:5.31, et seq N.J.A.C. 17:27 (Equal Employment Opportunity) 42 U.S.C.-12101, et seq (Americans with Disabilities Act). N.J.S.A. 34:11-56.25 et seq (Prevailing | Wages) N.J.S.A. 52:32-44, et seq (NJ Business Registration). A corporation submitting a bid, in response to this advertisement, shall accompany such bid with a resolution authorizing its proper officers to submit such a bid and authorize said officers to execute a contract in the event its bid is accepted. The East Windsor Municipal Utilities Authority, when applicable, reserves the right to take any number of units up to the maximum | indicated in the specifications to increase or decrease the quantity by executing a change order provided that the change shall not cause the originally awarded contract price to be exceeded cumulatively by more than 20% net, in accordance with N.J.A.C. 5:34-4.2. The East Windsor Municipal Utilities Authority reserves the right to reject any or all bids as in its judgment may be deemed to be in the best interest of the East Windsor Municipal Utilities Authority. The East Windsor Municipal Utilities Authority also reserves the right to waive any | minor irregularity or technicality. In the case of tie bids, the East Windsor Municipal Utilities Authority shall have the authority to award the contract to the bidder selected by the East Windsor Municipal Utilities Authority in its sole discretion. BY ORDER of the East Windsor Municipal Utilities Authority Council of the East Windsor Municipal Utilities Authority.
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