All bids must either be hand-delivered to the Municipal Building or sent by certified mail, return receipt requested, to the Municipal Building prior to the time and date when the bids will be opened. Bids will not be received after the specified time. Each proposal must state the name and address of person, firm or corporation interested in the same as a principal. Proposals must be submitted in a sealed envelope, addressed to the Municipal Clerk, Borough of Clementon, and identified as bid for: "2023 Clementon Road Improvement Program." The Borough Committee and its Solicitor will be the sole discretionary body for consideration or rejection of the proposals. The successful bidder shall supply all labor, materials and equipment required to complete the work as set forth in the general provisions of the contract, including General and Supplementary Conditions and Technical Specifications. The proposed work includes the milling and overlay, drainage improvements, installation of a traffic signal, striping of roadways and traffic markings and related appurtenances. 3. WITHDRAWAL OF BIDS: Any bid may be withdrawn prior to the above scheduled time for the opening of bids or any authorized postponement thereof. Bids received after time and date designated shall not be considered. No bidder may withdraw a bid for a period of sixty (60) days after the actual date of the opening thereof. 5. CONTRACT: The successful bidder shall, within ten (10) days after official acceptance by the Mayor and Borough Committee of the Borough of Clementon of his bid, execute a contract and deliver same to the Municipal Clerk. Failure to do so will be considered as an abandonment of the contract. The form of contract will be furnished to the successful bidder by the Borough Solicitor. 6. BID SECURITY: Must be in the form of a certified treasurer's or cashier's check or bid bond in the amount of 10% of the bid amount, not to exceed Twenty Thousand Dollars and Zero Cents ($20,000.00), is required and should be made payable to Clementon Borough. A Consent Surety Statement and Certification must be submitted. A Certificate of Authority issued by the New Jersey Department of Banking and Insurance must be submitted. 7. GENERAL: The owner reserves the right to reject any or all bids and to accept the bid which best appears to be in their best interest. The owner also reserves the right to consider any proposal invalid which considers furnishing said items which do not conform strictly with that specified. If a nonconforming proposal is not discovered at the time of the bid opening, the owner reserves the right to reject said proposal at any time prior to execution of the contracts by them. 8. GUARANTEE: The said item shall be delivered as specified, serviced and guaranteed strictly in accordance with the specifications. Said manufacturer's specifications and/or instructions shall be hereby made a part of this proposal by the submission of bid and as such should be attached. 12. Bidders must submit a valid Business Registration Certificate with any bid submission as well as valid Business Registration Certificates for any Sub-Contractors that are to be utilized. 13. The New Jersey Prevailing Wage Rates shall be made a part of every contract for the performance of the described work where applicable. 15. PROJECT DESCRIPTION: It is the intention of these Specifications and Plans to provide and secure the construction of the 2023 Road Improvement Project in the Borough of Clementon, Camden County, New Jersey complete in every detail as shown or specified, for the prices bid in the Proposal. The proposed work generally consists of milling, HMA Surface Course, drainage improvements, traffic signage and striping, and related appurtenances. 16. PROJECT FUNDING: This project is funded in part by a FY 2023 NJDOT Municipal Aid Grant.