Each Bid Shall Be Submitted in Accordance With the Instructions to Bidders and Shall Be Accompanied by a Bid Security in the Form of a Bid Bond, Cashier's Check, or a Certified Check Made Payable to the City of Newark in an Amount Equal to Ten Percent (10%) of the Amount of the Total Bid, but Not in Excess of $20,000.00. No Bidder May Withdraw His/her Bid for a Period of Sixty (60) Calendar Days After the Actual Date of the Opening of the Bids, Except for Reasons Covered Under N.j.s.a. 40a:11-23.3. The Successful Bidder Must Furnish a 100 Percent Performance Bond, and a 100 Percent Payment Bond With a Surety Company Licensed in the State of New Jersey, and Meets the Requirements of N.j.s.a. 2a:44-143. Surety Company Shall Also Be Listed on Latest Version of the U.s. Department of Treasury Circular 570. Complete Instructions for Filing Bids Are Included in the Instructions to Bidders. All Bidders Must Comply With N.j.s.a. 40a:11-1, as Amended Relative to Submission of a Certification of the Bidder, Indicating the Ability to Perform the Contract. The Bidder, in Conformance With N.j.s.a. 52:25-24.2, Shall Submit With Its Bid, a Statement Setting Forth the Names and Addresses of All Stockholders Who Own a Ten Percent (10%) or Greater Interest in the Firm. The Successful Bidder Shall Be Required to Comply With the Provisions of the New Jersey Prevailing Wage Act, N.j.s.a. 34:11-56.25 Et Seq. The Successful Bidder Shall Be Required to Comply With Davis-bacon Prevailing Wage Requirements (40 U.s.c. 3141 Et Seq. And 29 Cfr Parts 5,6), and the Higher of the State or Federal Wages Shall Apply. The Bid is Subject to New Jersey Local Public Contracts Law N.j.s.a. 40a:11-1 Et. Seq. Bidders Must Comply With N.j.s.a. 52:32.44 by Providing a Business Registration Certificate Prior to Contract Award. Pursuant to P.l. 2005, C.271, the "Pay to Play Legislation", a Contractor Shall File an Annual Disclosure Statement on Political Contributions With the New Jersey Election Law Enforcement Commission Pursuant to N.j.s.a. 19:44a20.13 (P.l. 2005, C. 271, S. 3) if the Contractor Receives Contracts in Excess of $50,000.00 From Public Entities in a Calendar Year. The Contractor Shall Be Responsible for Determining if Filing is Necessary. Additional Information on This Requirement is Available From Elec at 888-313-3532 or at Www.elec.state.nj.us. All Proposals Are Subject to the Requirements of All Laws and City of Newark Ordinances Affecting Same. The Bidder's Attention is Directed to Sec. 2:4-14 of the City of Newark Administrative Code. Bidders Are Also Advised as to the Applicability of the City of Newark's Affirmative Action Program and Must, During the Performance of the Contract, Comply With the Requirements of N.j.s.a. 10:5-31 Et Seq. And N.j.a.c.17:27. In Addition, the Contractor Must Certify That at Least 25% of the Total Contract Bid Price Will Be Directed and Paid to a Minority Business Enterprise, Either Through Joint Venture Arrangement, Partnerships, Subcontractors, the Purchase of Goods and Services or Any Other Method Available. The Term "Minority Business Enterprise" Means a Business at Least Fifty-one (51) Percent of the Stock of Which is Owned by a Minority Group Member. "Minority Group Members" Are Citizens of the United States, Who Are Black, Hispanic, Asian American, Indians, Eskimos, and Aleuts. Successful Bidders Shall Be Required to Attend a Meeting With, and Obtain Clearance From, the City of Newark's Office of Affirmative Action Prior to Execution of the Contract. An Additional Seven Percent (7%) of the Total Contract Bid Price Will Be Directed and Paid to a Woman's Business Enterprise, Either Through Joint Venture Arrangements, Partnerships, Subcontractors, the Purchase of Goods and Services or Any Other Method Available. The Term "Women's Business Enterprise" Means a Business Where at Least Fifty-one (51) Percent of the Stock is Owned by Women. The Owner Reserves the Right to Reject All Bids in Accordance With N.j.s.a. 40a:11-13.2 and Waive Minor Informalities. The Contract Will Be Awarded to the Lowest Responsible and Responsive Bidder, in Accordance With Applicable Law.