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. 6, March 18, 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. 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.