Statutes, codes, and regulations
New Jersey Administrative Code
Title 19 - OTHER AGENCIESNEW JERSEY SCHOOLS DEVELOPMENT AUTHORITYChapter 35 - DISPOSITION OF SURPLUS REAL AND PERSONAL PROPERTY OF THE NEW JERSEY SCHOOLS DEVELOPMENT AUTHORITY
Subchapter 5 - DISPOSITION OF SURPLUS REAL PROPERTY SUBJECT TO ADVERTISING REQUIREMENTS
Section 19:35-5.28 - Sealed bids process for surplus real property: withdrawal of items from solicitation and disposition

N.J. Admin. Code § 19:35-5.28

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Current through Register Vol. 57, No. 1, January 6, 2025
Section 19:35-5.28 - Sealed bids process for surplus real property: withdrawal of items from solicitation and disposition
(a) With respect to a solicitation of sealed bids pertaining to more than one tract or parcel of surplus real property, when the SDA deems it to be in the best interests of the school construction program, at any time prior to the conveyance thereof, one or more tracts or parcels of surplus real property may be withdrawn from the solicitation of sealed bids.
(b) When one or more tracts or parcels of surplus real property are withdrawn from a solicitation of sealed bids, the SDA shall determine whether such parcels or tracts of surplus real property shall be re-offered for disposition, or otherwise disposed of in a manner that is consistent with this subchapter.
(c) The withdrawal of a parcel or tract of surplus real property from a Notice of Solicitation of Sealed Bids pursuant to (a) above shall not affect the disposition of the remaining parcels or tracts of surplus real property included within the Notice of Solicitation of Sealed Bids.

N.J. Admin. Code § 19:35-5.28

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