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Lead Closed

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West OrangeRed Risk

ClosedGoods & Services

RFP for a Concession Agreement for Construction and Management of Outdoor Advertising

BID #: 189

ISSUED: 10/20/2021

DUE: 12/22/2021

VALUE: TBD

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Red Risk

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Executive Summary

The Township of West Orange is canceling RFP 2021-16, which sought proposals for a concession agreement for the construction and management of outdoor advertising. The RFP was issued on October 20, 2021, and was intended to be procured under competitive contracting provisions and a fair and open process as defined by state laws. Originally, sealed proposals were due by November 23, 2021, with a bid security of $20,000 required. Respondents were also required to register their intent to submit. All questions were to be directed in writing to Paula Reynolds, Acting Purchasing Agent.

Detailed Risk Breakdown

local preference

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performance bond

Evidence Detected

1 CLAUSES FOUND

"...Bid security in the form of a certified check, cashier's check or proposal bond in the amount of $20,000 must be submitted with the Proposal, which will be forfeited to the Township as liquidated damages if the Successful Respondent fails to properly execute and deliver the Concession Agreement and performance security as required by the RFP...."

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