N.J. Admin. Code § 19:31C-2.13

Current through Register Vol. 56, No. 17, September 3, 2024

Section 19:31C-2.13 - Rejection of all sealed bids or offers to purchase, re-advertisement and termination

The Authority reserves the right to reject all sealed bid(s) and offer(s) to purchase and to either re-advertise or terminate an advertised solicitation if the Authority determines that insufficient competition results from the initial advertisement, the price is unfavorable in the current market, or for any other reason in the best interests of the Authority or the redevelopment plans for Fort Monmouth as determined by the Authority.