New Jersey Administrative Code
Title 9A - HIGHER EDUCATION
Chapter 6 - USE OF DESIGN-BUILD PROJECT DELIVERY FOR CONSTRUCTION PROJECTS
Subchapter 1 - USE OF DESIGN-BUILD PROJECT DELIVERY FOR CONSTRUCTION PROJECTS
Section 9A:6-1.11 - Criteria for payment of stipend
Current through Register Vol. 56, No. 18, September 16, 2024
(a) At the discretion of the contracting unit, a stipend of no more than three percent of the design-build project's estimated costs may be paid to eligible bidders who submit responsive but unsuccessful proposals in response to the RFP. The decision to issue such a stipend shall be based on the contracting unit's analysis of the design-build project's size, scope, and complexity, and the anticipated degree of competition during the procurement process. A contracting unit may agree to pay a stipend to all bidders in the event of project cancellation. The purpose of the stipend is to encourage competition by offering to compensate responsive but unsuccessful bidders, for a portion of the estimated proposal development costs.
(b) The terms and conditions for the payment of a stipend shall be included in the RFQ and RFP.
(c) Bidders submitting a response to the RFP which is determined by the contracting unit in its sole discretion to be incomplete or otherwise non-responsive will not be entitled to a stipend.