Renovation of a residential development in Hoboken, New Jersey. Completed plans call for the renovation of a residential development.

Each bid shall be accompanied by a Bid Bond issued by a New Jersey Licensed Surety Company which is listed in the most recently published U.S. Treasury Circular No. 570, or by certified check in the amount called for in the Specifications, made out to the Housing Authority of the City of Hoboken. Bids must also be accompanied by all the materials required by the bid documents. Regardless of whether the Bid Bond or Certified Check is submitted for bid guarantee, each bidder must submit a Consent of Surety also from a New Jersey Licensed Surety Company which is listed in the most recently published U.S. Treasury Circular No. 570, stating that it will issue the necessary performance bond should the bidder enter into contract for this work with the Owner. The Owner reserves the right to reject any or all bids, waive any identified informalities or technicalities in the bidding, sever or make awards of all or parts of any bids to one of more responsible bidders if it is in the best interest of the Owner to do so. The Owner also reserves the right to reject the bid of any respondent who has previously failed to perform properly, or to complete on time any contract work of a similar nature or who is not in a position to perform the contract. No bid shall be withdrawn for a period of sixty (60) days subsequent to the bid opening without the consent of the Owner. Each bidder must submit, with its bid, security in the amount indicated below. No Bidder may withdraw its Bid for a period of sixty (60) days after the actual date of opening thereof. Amount of Bid Bid Guarantee Up to $200,000 10% of Bid $200,000 to $400,000 $20,000 Over $400,000 5% of Bid The Owner seeks to encourage participation by respondents who are small businesses, minority business enterprises, women business enterprises, or business concerns which are located in or owned in substantial part by persons residing in the Hoboken area and has a goal of minimum participation by such entities of at least 5% participation. ***Bid Event: Bids must be enclosed in sealed envelopes bearing the name and address of the bidder, and must be delivered to the Housing Authority of the City of Hoboken, 400 Harrison Street, Hoboken, New Jersey 07030, properly marked bearing the name of the project, prior to the date . It is the bidder's responsibility to see that bids are presented to the Owner on the hour and at the place designated. Bids may be hand delivered or mailed; however, the Owner disclaims any responsibility for bids forwarded by regular or express mail or common carrier.