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East OrangeGreen Risk
Closed
General

Surplus Land Sale 715 Park Ave

BID #: 2
DUE: 1/19/2017
VALUE: TBD
100
Rating

Risk Rank

Green Risk

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Executive Summary

The City of East Orange, New Jersey, has issued a Request for Bid (RFB) for the sale of surplus municipal land located at 715 Park Ave. This procurement initiative seeks qualified bidders interested in acquiring this specific property from the municipality. The scope of this bid encompasses the submission of competitive offers for the outright purchase of the identified surplus parcel, adhering to all terms and conditions set forth in the full bid package. This provides a significant opportunity for developers, investors, or individuals seeking to acquire real estate within the East Orange area through a structured municipal bidding process. The objective is to efficiently dispose of underutilized municipal assets, generate revenue, and potentially stimulate local economic development. Specific contractor qualifications, including any required licenses, financial capabilities, or prior experience in real estate acquisition from governmental entities, are not detailed in this brief extract. Interested parties are strongly advised to thoroughly review the complete Request for Bid document, accessible via the provided source link, for comprehensive requirements. This full document will outline any mandatory pre-bid meetings, site visit procedures, or specific financial criteria that bidders must satisfy to be considered responsive and responsible. Adherence to all stated qualifications and conditions is paramount for successful bid submission. Detailed submission instructions, including the exact deadline date and time for bid submission, are not present in this summary snippet. Prospective bidders must obtain the official bid package from the City of East Orange's municipal bid portal, as linked, to ascertain all submission requirements. This includes information regarding any required bid security (e.g., a bid deposit or certified check), mandatory formats for proposals, and the precise location for physical or electronic submission. Contact information for clarification questions will also be provided in the comprehensive bid documents. All bids must be submitted in strict accordance with the stipulated guidelines to be considered valid.

Detailed Risk Breakdown

local preference

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performance bond

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liquidated damages

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Timeline

First Discovered

Jun 9, 2026

Last Info Update

Jun 9, 2026

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