RE-BID Leasing OF the Concession Stands at cottage place, AND bath avenue on the BOARDWALK, City of Long Branch, County of Monmouth, and State of New Jersey
RE-BID: Leasing of the CONCESSION STANDS AT COTTAGE PLACE AND BATH AVENUE, the City owned and operated public bathing beaches and the boardwalk, Monmouth County, Long Branch, New Jersey.
METHOD OF BIDDING: Sealed Bidding
DATE, TIME, PLACE OF BID: April 7, 2017 at 11:30 am prevailing time at the Long Branch Municipal Building, Second Floor, Council Chambers, 344 Broadway, Long Branch, NJ.
MINIMUM BID: $10,500 (ten thousand five hundred dollars) per beach season (year).
INSPECTION OF PREMISES: It is highly recommended prospective bidders inspect the premises prior to bidding on this lease. Call the City’s Purchasing Office at 732-571-5656 during regular business hours to arrange for an appointment with the City’s Building Supervisor to view the premises.
TERM OF LEASE: The term of the lease shall be for three years (beach seasons) and shall run from April 15 through September 30 of year 2017, April 1, through September 30 2018, and 2019. However, the City reserves the right to cancel this lease at the end of any beach season .In the event that the City intends to exercise this right, it will provide written notification to the lessee at least 60 days prior to the start of the next beach season of its intent to do so.
OTHER TERMS AND CONDITIONS: A copy of the resolution setting forth the complete terms and conditions of the lease, and a copy of the bid documents that must be completed by the successful bidder, are available in the Purchasing Office, Municipal Building, 344 Broadway, Long Branch, New Jersey, 07740, or call 732-571-5656.
The successful bidder must provide Bid Security, in the form of cash or certified check, in the amount of ten percent (10%) of the total bid, except that the securities not exceed $20,000, in accordance with N.J.S.A. 40A:11-1 et seq. Failure to provide the Bid Security as specified will result in rejection of the bid. The bid security will be held by the City until the successful bidder has executed the lease documents, and provided the required insurance certificates and paid the first installment of the annual rent.
Purchasing Agent, QPA