The Newark Housing Authority ("NHA") is accepting sealed bids for an IDIQ Contract to Furnish Roofing Repair & Replacement Services at Various Sites - On an as-needed basis for its properties located within the City of Newark. The term of the contract shall be for a period of two (2) years with an option to renew for one (1) year at the sole discretion of the Newark Housing Authority. It is the intent of the Newark Housing Authority to make a multiple award pursuant to this solicitation. Question Deadline 07/16/2024 at 10:00 AM ET All questions and requests for information must be submitted through online. All bids must be accompanied by a negotiable Bid Guarantee payable to the Newark Housing Authority. The bid guarantee may be a certified check, bank draft or a satisfactory Bid Bond secured by a Surety Company acceptable to the U.S. Government and authorized to do business in the State of New Jersey. The guarantee shall be in an amount of 5% of the total bid. Consent of Surety must accompany the Bid Guarantee. Failure to submit a 5% Bid Guarantee and Consent of Surety for the full amount of the bid shall result in the rejection of the bid.
The successful bidder will be required to furnish and pay for a satisfactory Performance and Payment Bond(s) in the amount of 100% of the contract as awarded. The surety company for all bonds must be a guaranty or surety company acceptable to the U.S. Department of Treasury -T-Listed. Individual sureties will not be considered. The surety company must be licensed to do business in the State of New Jersey. U.S. Treasury Circular 570, published annually in the Federal Register lists companies approved to act as surety on bonds securing government contracts, the maximum underwriting limits on each contract bonded, and the state in which each company is licensed to do business. The Housing Authority of the City of Newark reserves the right to reject any or all Bids or to waive any informality in the Bidding. The N.H.A. also reserves the right to award all or a portion of the award to one (1) or more responsible responsive Bidders. No Bid shall be withdrawn for ninety (90) days after the opening of the Bids without the consent of the Housing Authority of the City of Newark.
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