N.J. Admin. Code § 5:34-10.11

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

Section 5:34-10.11 - Criteria for payment of stipend

(a) At the discretion of the contracting unit, a stipend of no more than three percent of the designbuild project's estimated costs may be paid to eligible bidders who submit responsive, but unsuccessful proposals, in response to the RFP. The decision to issue such a stipend shall be based on the contracting unit's analysis of the design-build project's size, scope, and complexity, and the anticipated degree of competition during the procurement process. A contracting unit may agree to pay a stipend to all bidders in the event of project cancellation. The purpose of the stipend is to encourage competition by offering to compensate responsive, but unsuccessful bidders, for a portion of the estimated proposal development costs.

(b) The terms and conditions for the payment of a stipend shall be included in the RFQ and RFP.

(c) Bidders submitting a response to the RFP that is determined by the contracting unit in its sole discretion to be incomplete or otherwise non-responsive will not be entitled to a stipend.

N.J. Admin. Code § 5:34-10.11

Adopted by 54 N.J.R. 1307(a), effective 5/27/2022

Adopted by 54 N.J.R. 2374(a), effective 12/19/2022