N.J. Admin. Code § 16:72-2.12

Current through Register Vol. 56, No. 24, December 18, 2024

Section 16:72-2.12 - Cancellation of bids after opening

(a) Invitations for Bids may be cancelled after opening but prior to award and all bids rejected, where NJ TRANSIT determines that:

1. Inadequate or ambiguous specifications were given in the Invitation;

2. The supplies or services being purchased are no longer required;

3. The Invitation for Bids did not provide for consideration of all factors of cost to NJ TRANSIT;

4. Bids received indicate that the needs of NJ TRANSIT can be satisfied by a less expensive item differing from that for which bids were solicited;

5. All otherwise acceptable bids received are at unreasonable prices;

6. Bids were not independently arrived at in open competition, were collusive, or were submitted in bad faith; or

7. For other reasons, cancellation is in the best interest of NJ TRANSIT.

(b) A record of the cancellation of Invitations for Bids shall be kept in the bid file.

N.J. Admin. Code § 16:72-2.12

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