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Lead Closed

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Ship BottomRed Risk

ClosedOperations & Maintenance

Bid Spec 4

BID #: N/A

DUE: 12/20/2022

VALUE: TBD

Rating

Risk Rank

Red Risk

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Executive Summary

The Borough of Ship Bottom is soliciting bids for the collection and disposal of solid waste and recyclable materials. The Borough is considering alternative contract options, including separate contracts for solid waste and recycling, or a unified contract for both. The contract periods are for either three or five years, commencing on January 1, 2023, and ending on either December 31, 2025, or December 31, 2028. Bids must be submitted to the Borough Clerk by hand or mail no later than Tuesday, December 20, 2022, at 11:00 A.M.

Detailed Risk Breakdown

local preference

No Flags Found

performance bond

Evidence Detected

8 CLAUSES FOUND

"...For the terms of the contract, the successful bidder shall provide a performance bond issued by a Surety authorized to transact business in the State of New Jersey in an amount equal to no more than 100% of the annual value of the contract...."

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liquidated damages

Evidence Detected

1 CLAUSES FOUND

"...the Contractor shall pay to the Borough as liquidated damages and not as a penalty, in all cases where the Borough shall elect to accept said liquidated damages in lieu of actual damages, the following sums for the following acts...."

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