N.J. Admin. Code § 19:38-3.9

Current through Register Vol. 56, No. 21, November 4, 2024

Section 19:38-3.9 - Multiple bids

(a) A firm may submit multiple bids when the sum of the bids exceeds the firm's aggregate rating; however, a firm may not enter into any contracts in excess of its Aggregate Rating as set forth on the Authority's backlog form submitted with the Price Proposal. Upon receipt of multiple bids, the Authority, at its sole discretion, shall determine which contract or contracts are to be awarded to such firm within the firm's aggregate rating.

(b) If a bidder submits bids on two or more packages at the same bid session, that bidder must have a current Aggregate Rating greater than or equal to the combined amount of its bids, unless a reservation has been placed in each bid limiting the maximum gross amount of awards acceptable to the bidder at that particular bid letting. If such reservations are placed in the bids, the Authority will select which contract or contracts are to be awarded to such bidder within the maximum gross amount reserved.

Amended by R.2014 d.001, effective 1/6/2014.
See: 45 N.J.R. 1592(a), 46 N.J.R. 131(a).
Substituted "Authority" for "Corporation" throughout; and in (a), substituted "Authority's" for "Corporation's".