All bids shall be presented to the Borough of Point Pleasant by parties bidding or their agents previous to the time designated, or when called for by the Borough of Point Pleasant All bids shall be presented to the Borough of Point Pleasant by parties bidding or their agents previous to the time designated, or when called for by the Borough of Point Pleasant. The name and address for the bidder and the name of the item must be printed on the face of the envelope. The bid documents shall be placed in an inside envelope which shall have the following endorsement in the upper right corner of the envelope: Bid for: Contract # 2023-20 One original, one (1) copy and a CD/Flashdrive of the bid proposal must be submitted. Bids will be rejected if not submitted within time, date and at place designated. In all cases, in which a bid is delivered by public or private mailing, or hand delivered, the following address and notation shall appear prominently on the front of the outside envelope: Re: Contract # 2023-20 Contract Name: 2023 NJDOT RECONSTRUCTION OF BOULTON AVENUE Borough Clerk Borough of Point Pleasant 2233 Bridge Ave Point Pleasant, NJ 08742 The bid documents shall be placed in an inside envelope which shall have the following endorsement in the upper right corner of the envelope: Bid for: Contract # 2023-20 Contract Name: 2023 NJDOT RECONSTRUCTION OF BOULTON AVENUE Bid Opening Date: August 30,2023 Bid Opening Time: 10:30 a.m. All Bidders assume the burden of correctly addressing the envelope. The guaranty accompanying the bid proposal shall be given in the amount of ten percent (10%) of the maximum delivered price, but not to exceed twenty thousand dollars ($20,000) and may be given at the option of the bidder by a certified check or a bid bond from a reputable insurance company licensed in the State of New Jersey. Bidders shall comply with the Affirmative Action Requirements of NJSA 10:5-31 et seq. and N.J.A.C. 17:27 et seq. as amended from time to time. The Borough Council reserves the right to reject any and all bids for the above-listed contract in whole and/or in part which do not comply with the specification and/or the statutory requirements. The Borough Council reserves the right to waive informalities as the Borough may deem to be in its best interest. All Contract documents are to be submitted intact in accordance with bidders checklist. All erasures, interpolations, and other physical changes in the bid form shall be signed or initialed by the bidder.