N.J. Admin. Code § 16:72-1.4

Current through Register Vol. 56, No. 9, May 6, 2024

Section 16:72-1.4 - Responsible contractors

(a) Procurements shall be made from, and contracts shall be awarded to, responsible contractors only. A responsible contractor is one who meets the following standards:

1. Has adequate financial resources, or the presently demonstrable ability to obtain such resources, as required during the performance of the contract;

2. Is able to comply with the required or proposed delivery or performance schedule;

3. Has a satisfactory record of performance or the equivalent;

4. Has a satisfactory record of integrity;

5. Is otherwise qualified and eligible to receive an award under applicable laws and regulations;

6. Has the necessary organization, experience, operational controls and technical skills, or the demonstrated ability to obtain them; and

7. Has the necessary production, construction and technical equipment and facilities, or the demonstrated ability to obtain them.

(b) NJ TRANSIT shall establish procedures for determining whether a prospective contractor has met the standards of a responsible contractor.

(c) A prospective contractor may be deemed not responsible with respect to a specific matter for which bids are solicited when NJ TRANSIT has previously held it in default on a contract for that matter. In order to determine if a prospective contractor should be determined to be not responsible based on a previous contract default, the circumstances surrounding the default will be considered.

(d) All contractors must be authorized to do business in the State of New Jersey.

(e) Disclosure shall be made by all prospective contractors consistent with, and pursuant to, N.J.S.A. 52:25-24.2 of names and addresses of all owners, members, stockholders, and/or partners holding 10 percent or more interest in the firm.

N.J. Admin. Code § 16:72-1.4

Amended by 51 N.J.R. 1209(b), effective 7/15/2019