New Jersey Administrative Code
Title 16 - TRANSPORTATION
Chapter 72 - NEW JERSEY TRANSIT PROCUREMENT POLICIES AND PROCEDURES
Subchapter 2 - PROCEDURES FOR INVITATION FOR BID (IFB)
Section 16:72-2.12 - Cancellation of bids after opening
Universal Citation: NJ Admin Code 16:72-2.12
Current through Register Vol. 56, No. 24, December 18, 2024
(a) Invitations for Bids may be cancelled after opening but prior to award and all bids rejected, where NJ TRANSIT determines that:
1.
Inadequate or ambiguous specifications were given in the Invitation;
2. The supplies or services being purchased
are no longer required;
3. The
Invitation for Bids did not provide for consideration of all factors of cost to
NJ TRANSIT;
4. Bids received
indicate that the needs of NJ TRANSIT can be satisfied by a less expensive item
differing from that for which bids were solicited;
5. All otherwise acceptable bids received are
at unreasonable prices;
6. Bids
were not independently arrived at in open competition, were collusive, or were
submitted in bad faith; or
7. For
other reasons, cancellation is in the best interest of NJ TRANSIT.
(b) A record of the cancellation of Invitations for Bids shall be kept in the bid file.
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