Bidders must be pre-qualified by the New Jersey Schools Development Authority (""NJSDA"") as stated in the Contract Documents, prior to the date bids are received. All bidders, their subcontractors, and their sub-subcontractors shall be registered with the New Jersey Department of Labor, pursuant to the Public Works Contractor Registration Act, N.J.S.A. 34:11-56.48 et seq. indicating compliance with the Act for work subject to the New Jersey Prevailing Wage Act (N.J.S.A. 34:11-56.25 et seq.) Contractors should submit copies of their certificate of registration with their bid and should also include copies of the certificates for each named subcontractor listed in its bid form with its bid. Sub-subcontractor certificates must be submitted prior to the sub-subcontractor providing goods or services on this Project. The Bid must contain a Bid Security in the amount of ten (10%) percent of the Bid Price, not to exceed Twenty Thousand ($20,000.00) Dollars, and Consent of surety, each in the form and manner required by the Contract Documents. Bidders are required to comply with the requirements of N.J.S.A. 10:5-31, et seq., and N.J.A.C. 17:27. It is the sole responsibility of the Bidder to ensure timely receipt of its Bid by the Board, at the place designated for opening of bids. No bid may be withdrawn for a period of sixty (60) days after the opening date. The Board reserves the right to reject any and all bids and/or to waive any informality in the bidding, as permitted by law, if it is in the interest of the Board to do so. When it is in its best interest to do so and to the maximum extent of its discretion under applicable law, the Board may award the Contract in whole or in part, select any combination of Bids and alternates, may waive any informalities, and may reject any or all Bids.
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