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Point PleasantRed Risk

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Notices to Bidders

BID #: N/A

DUE: 12/9/2015

VALUE: $300,000

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Red Risk

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Executive Summary

The Borough of Point Pleasant is conducting a public sale by accepting bids for one Plenary Retail Consumption License. The minimum acceptable bid is $300,000.00. Bids will be opened on December 9, 2015, at 11:00 a.m. at the Point Pleasant Borough Municipal Building. Bidders must qualify under New Jersey Statutes and ABC regulations, with forms available from the Municipal Clerk. Prospective bidders must complete necessary forms and paperwork and be determined qualified at least five business days prior to December 9, 2015. All bids must be sealed and submitted to the Borough Clerk by 11:00 a.m. on December 9, 2015, including proof of qualification and a deposit of ten percent of the bid amount in cash or certified check.

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Notices to Bidders
Eric
2015-12-08T14:47:54-05:00
NOTICE TO BIDDERS – ONE PLENARY RETAIL CONSUMPTION LICENSE
Borough Clerk/Administrator
Forms & Applications
OPRA
Voter Registration Information

Document Text

--- Document: NOTICE TO BIDDERS – ONE PLENARY RETAIL CONSUMPTION LICENSE ---
 
BOROUGH OF POINT PLEASANT 
NOTICE TO ACCEPT BIDS FOR ONE PLENARY RETAIL 
CONSUMPTION LICENSE 
 
 
PLEASE TAKE NOTICE that the Borough of Point Pleasant will conduct a public sale by 
accepting bids for the sale of one Plenary Retail Consumption License.  The bid will be opened on the 
9th day of December 2015 at 11:00 a.m. at the Point Pleasant Borough Municipal Building, 2233 Bridge 
Avenue, Point Pleasant, Ocean County, New Jersey.  The minimum acceptable price is $300,000.00 for 
the Plenary Retail Consumption License, and the Borough of Point Pleasant reserves the right to not 
accept the highest bid and reject any and all bids offered.  Bids shall be accepted only from those bidders 
who qualify under the New Jersey Statutes pertaining to intoxicating liquors and the Rules and 
Regulations promulgated by the Alcoholic Beverage Commission (ABC).  Interested bidders may obtain 
copies of the forms necessary to qualify to be a bidder from the Point Pleasant Borough Municipal Clerk.  
All prospective bidders must complete the forms, all paperwork associated therewith, and be determined 
to be a qualified bidder no later than five (5) business days prior to December 9, 2015.  The Municipal 
Clerk shall have five (5) business days prior to the opening bids on December 9, 2015 at 11:00 a.m. at 
the Point Pleasant Borough Municipal Building, 2233 Bridge Avenue, Point Pleasant, Ocean County, 
New Jersey to publicly announce those applicants who meet the qualifications for bidding as fixed by 
law, Rules, Regulations and Resolutions.  All bids submitted must be sealed and submitted to the 
Borough Clerk no later than 11:00 a.m. on December 9, 2015.  At the time of submitting the bids, all 
bidders shall enclose with their bid, written proof from the Municipal Clerk that they have qualified as 
a bidder.  A condition of the award of the license shall be that the successful bidder apply for any and all 
required Municipal Planning Board and Zoning Board of Adjustment approvals within twelve (12) 
months of the award of the liquor license to the successful bidder. All bidders shall submit in cash or 
certified check, ten (10%) percent of the amount of the bid payable to the Borough of Point Pleasant.  
The bidders whose bid is accepted shall, with three (3) days after acceptance of the bid, submit to the 
Borough of Point Pleasant in cash or certified check the balance of the amount of the bid, which sum 
shall be held in an interest bearing account, with said interest payable to the Borough of Point Pleasant 
until such times as the license is transferred to the bidder at which time the said sum and all interest shall 
be paid to the Borough of Point Pleasant.  In addition, the successful bidder shall promptly complete all 
requirements of the ABC in order for the license to be transferred to them.  Failure of the bidder, within 
three (3) days after acceptance of the bid, to deliver in cash or certified check the balance of the sum of 
the amount of the bid, will result in the bid being null and void and the Borough of Point Pleasant 
retaining the ten (10%) percent deposit.   
BOROUGH OF POINT PLEASANT 
Antoinette Jones, Municipal Clerk

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Detailed Risk Breakdown

local preference

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performance bond

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liquidated damages

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1 CLAUSES FOUND

"...Failure of the bidder, within three (3) days after acceptance of the bid, to deliver in cash or certified check the balance of the sum of the amount of the bid, will result in the bid being null and void and the Borough of Point Pleasant retaining the ten (10%) percent deposit...."

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NOTICE TO BIDDERS – ONE PLENARY RETAIL CONSUMPTION LICENSE

Contacts

Antoinette Jones

Municipal Clerk

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Timeline

First Discovered

Apr 2, 2026

Last Info Update

Apr 2, 2026

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