27:7-33 - Time for awarding of contract; extension; return of proposal bonds - New Jersey Statutes

27:7-33.  Time for awarding of contract;  extension;  return of proposal bonds
    The commissioner shall award the contract or reject the bids therefor within  30 working days after the bids are received, except that this time limit may be  extended by mutual agreement, and all proposal bonds which have been delivered  with the bids, except those of the two lowest responsible bidders, shall be  returned within 3 working days after such bids are received.  Any and all bids  may be rejected when the commissioner determines that it is in the public  interest to do so.

     Amended by L.1977, c. 67, s. 4, eff. April 21, 1977.