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RahwayRed Risk

ClosedPublic Works & Infrastructure

Request For Bids: Sale of Water System

BID #: 2

ISSUED: 2/1/2026

DUE: 4/1/2026

VALUE: Highest value for the Water System

Rating

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Red Risk

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Executive Summary

This document is a Request for Bids (RFB) issued by the City of Rahway, New Jersey, for the sale of its Water System. The Water System includes the water distribution network, treatment plant, and associated infrastructure. The City seeks a qualified buyer who can ensure long-term water needs and provide high value for the Water System, pay off debt, minimize rate volatility for ratepayers, transfer regulatory responsibility, and reduce environmental and financial risk. Bidders are instructed to submit both a 'Base Bid' and an 'Alternate Bid' based on differing intentions to utilize existing water treatment plants. Bids are due no later than April 1, 2026.

Detailed Risk Breakdown

local preference

No Flags Found

performance bond

Evidence Detected

1 CLAUSES FOUND

"...A Bid Bond in the amount of $20,000, payable to THE CITY OF RAHWAY, must accompany the Bid when submitted...."

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liquidated damages

Evidence Detected

3 CLAUSES FOUND

"......... 27 Section 13.14. TRANSFER TAXES ......................................................................................... 27 Section 13.15. TIME IS OF THE ESSENCE ............................................................................ 27 Section 13.16. REVIEW OR AUDIT BY OFFICE OF THE STATE COMPTROLLER ....."

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