New Jersey A4962 mandates State agencies to solicit bids from public and private institutions of higher education for mandated studies.

New Jersey A4962 requires State agencies to solicit bids from public and private institutions of higher education for the completion of mandated studies. If the State agency determines that the acceptance of the lowest bid will result in an unreasonable price or an unacceptable contract, or if no responsive bids are received, the agency must reject all bids and resolicit them on an unrestricted basis. Bidders will be notified of the cancellation, the reasons for rejection, and the State's intent to resolicit bids.

New Jersey A4962 mandates State agencies to solicit bids from public and private institutions of higher education for mandated studies.

New Jersey A4962 requires State agencies to solicit bids from public and private institutions of higher education for the completion of mandated studies. If the State agency determines that the acceptance of the lowest bid will result in an unreasonable price or an unacceptable contract, or if no responsive bids are received, the agency must reject all bids and resolicit them on an unrestricted basis. Bidders will be notified of the cancellation, the reasons for rejection, and the State's intent to resolicit bids.