N.J. Admin. Code § 19:35-4.9

Current through Register Vol. 57, No. 1, January 6, 2025

Section 19:35-4.9 - Sealed bid process for surplus personal property: cancellation

(a) In the event that no bids are received, or only one bid is received on item(s) of surplus personal property offered for disposition, or if the SDA determines that insufficient competition results from the advertised Notice of Solicitation of Sealed Bids and any outreach efforts, or for any other reason in the best interests of the school construction program, the SDA reserves the right to determine, on a case-by-case basis, whether:

1. The disposition should, nevertheless, be consummated; or

2. The disposition should be cancelled, with rejection of all bids.

(b) If the disposition is cancelled, the SDA reserves the right to determine, on a case-by-case basis, whether:

1. The surplus personal property should be re-offered for disposition; or

2. Otherwise disposed of in a manner that is consistent with this chapter.

N.J. Admin. Code § 19:35-4.9

Adopted by 54 N.J.R. 647(a), effective 4/4/2022