As of November 22, 2023, project was awarded to Earle Asphalt Company, awarded amount is $294,713.13. Work shall consist of concrete curb, sidewalk, pavement milling, repair, construction of hot mix asphalt base and surface course. Work includes the following approximate quantities: 420 linear feet
of concrete curb, 232 square yards of concrete sidewalk, 13,775 square yards of pavement milling, and 1,700 tons of hot mix
asphalt material, together with miscellaneous related work items. Checks shall be written to the order of Leon S.
Avakian, Inc. for each set of documents. Bids must be made on the standard proposal form in a manner designated therein
and required by the specifications. They shall be enclosed in an opaque sealed envelope addressed to the Mayor and Council
of the Borough of Neptune City, bearing on the outside the name of the bidder, his address and the name of the contract for
which the bid is submitted. Bids must be accompanied by a certificate from a surety company stating that it will provide the
specified performance and maintenance bonds in the event that the contract is awarded to the bidder. Each bid must be
accompanied by a certified check, cashier's check, or bid bond for ten percent of the amount of the bid, drawn on an
incorporated bank or trust company, payable to the Borough of Neptune City, as guarantee that in case the contract is
awarded the bidder, he will, within ten days thereafter execute such contract and furnish satisfactory performance bond. Upon
failure to do so, he shall forfeit the deposit as a partial satisfaction of liquidated damages and the acceptance of the bid will
be contingent upon fulfillment of this requirement by the bidder. The checks of all bidders will be returned according to law.
No interest shall be allowed upon any such check. Bidders are required to comply with the requirements of P.L. 1975, c. 127,
N.J.A.C. 17:27. (Affirmative Action) & P.L. 1977, c. 22 (Ownership Disclosure). The Contract shall be awarded, or all bids
rejected, within sixty days from the receipt of bids within such extensions of time as permitted by law.
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