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Lead Closed

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East AmwellRed Risk

ClosedPublic Works & Infrastructure

Roadway Improvement Plan For Welisewitz Road, Section 2

BID #: 5

ISSUED: 8/23/2024

DUE: 9/4/2024

VALUE: TBD

Rating

Risk Rank

Red Risk

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Executive Summary

The Township of East Amwell sought bids for a roadway improvement plan for Welisewitz Road, Section 2. The project included HMA milling, HMA surface course application, HMA pavement repair, and incidental work. The bid specified compliance with N.J.S.A. 10:5-31 et seq. and N.J.A.C. 17:27 et seq. Bidders were required to submit their bids in triplicate (two hard copies and one PDF on CD) in a sealed envelope. This bid is now closed.

Detailed Risk Breakdown

local preference

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performance bond

Evidence Detected

3 CLAUSES FOUND

"...The successful bidder to whom the contract is awarded shall, within ten (10) days of the date of the award of the contract, deliver to the Owner a payment-performance bond in an amount equal to one hundred percent (100%) of the contract price and guaranteed by a qualified surety on a payment-performance bond which is of the form contained in these specifications in the section "Contractor's Proposal"...."

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liquidated damages

Evidence Detected

1 CLAUSES FOUND

"...when the award of the contract shall have been annulled, due to failure of the bidder to whom award shall have been made to execute and deliver the contract and performance bond, the certified check of such bidder shall be forfeited and become the property of the Owner, not as a penalty, but as liquidated damages...."

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