New Jersey Administrative Code
Title 17 - TREASURY - GENERAL
Chapter 11 - STATE LEASING AND SPACE UTILIZATION
Subchapter 7 - STATE LEASING AND SPACE UTILIZATION COMMITTEE APPROVAL
Section 17:11-7.1 - Notice of proposed lease (NPL)

Universal Citation: NJ Admin Code 17:11-7.1

Current through Register Vol. 56, No. 24, December 18, 2024

(a) Upon completion of the advertisement process for requests for proposals for leased space proposals and the consequent identification of the most cost effective proposed lease agreement under consideration, DPMC shall prepare a notice of proposed lease (NPL) for submission to the Committee. The NPL shall include the following information (or an explanation as to why such information is not applicable):

1. The approved State agency SPR;

2. A statement setting forth the terms and conditions of the proposed lease agreement;

3. A statement setting forth the cost of the proposed lease agreement, including the cost of rent, taxes, renovation, operating expenses and other costs involved in the proposed lease agreement;

4. A statement from the Attorney General that the proposed lease agreement under consideration is not in conflict with any applicable State or Federal law or regulation;

5. A statement certifying that, on the basis of a comparison of costs and an analysis of financing, the proposed lease agreement is cost effective and in compliance with the space utilization master plan;

6. Except as permitted by N.J.A.C. 17:11-2.4, a statement certifying that DPMC advertised for competitive proposals for the proposed lease agreement and that the proposed lease agreement under consideration is the most cost effective; and

7. A statement from the Director of the Office of Management and Budget in the Department of the Treasury certifying that funds have been appropriated to DPMC to cover all costs associated with the proposed lease agreement, including the cost of renovations, for the fiscal year.

Disclaimer: These regulations may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.