Common use of Location of Bid Opening Clause in Contracts

Location of Bid Opening. The official opening will be held on September 7, 2022, at 1:00 p.m. at the Administrative offices, 000 Xxx Xxxxxx Boulevard, Jackson, NJ 08527. It is the responsibility of the Respondent to ensure that the Bid is in the hands of the Business Administrator before 1:00 PM on S. E-mailed or faxed Bids will be accepted at the official Bid opening. 000 Xxx Xxxxxx Boulevard Jackson, NJ 08527 Attn: Xxxxxxxx Xxxxxxxxxx, SBA/BS Ph: (000) 000 0000 Please Label all Bids: “Lease Purchase Bid Enclosed“ The Xxxxxxx Township Board of Education reserves the right to reject any and all proposals and to waive any irregularities in the proposal process. Educational Services Commission of New Jersey (ESCNJ) is acting as Lease Purchase Coordinator to the Board. Please direct questions and a copy of your Bid submission (*per above) to: ESCNJ Xxxxxxx Xx Xxxxx - Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 3120 Rate Hold and Bidders May Offer Alternative Index: This bid request is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the quote request and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential respondents the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The respondent furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate quoted within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty-day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. . As part of your Quote, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Proposals are requested for the lease purchase financing as outlined on page one of this request. Respondents are requested to bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the quote opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Xxxxxxx Township School District Board of Education reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this Bid. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Bid Proposal Form.” Failure to complete all Bid documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Bid and the BRC must be received by the Board prior to award of Bid. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of Bid. ATTACHMENTS: Forms provided that must be returned with Bid: Bid Proposal Form Affirmative Action Questionnaire and Certificate of Employee Information attached or Federally approved Plan. Affirmative Action Language -signed Non Collusion Affidavit Statement of Ownership Disclosure Contractor/Vendor Questionnaire and Certification Acknowledgement of Addenda Chapter 271 – Political Contribution Disclosure Form Amortization Schedule (Please supply in accordance with paragraph 4 above) Disclosure of Investment Activities in Iran Statement of Suspension or Debarment Form Americans with Disabilities of 1990 New Jersey Business Registration Certificate (upon award) *Please check your Bid package for these forms! Name of Respondent: Address: Contact: Phone: Fax #: E-mail: ___________________________________________________________

Appears in 1 contract

Samples: Lease Purchase Financing Agreement

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Location of Bid Opening. The official opening will be held on September 7July 11, 20222019, at 1:00 p.m. at the Administrative offices, 000 Xxx Xxxxxx Boulevard, Jackson, NJ 08527. It is the responsibility of the Respondent to ensure that the Bid is in the hands of the Business Administrator before 1:00 PM on S. July 11, 2019. E-mailed or faxed Bids will not be accepted at the official Bid opening. 000 Xxx Xxxxxx Boulevard Jackson, NJ 08527 Attn: Xxxxxxxx Xxxxxxxxxx, SBA/BS Ph: (000) 000 0000 Please Label all Bids: “Lease Purchase Bid Enclosed“ The Xxxxxxx Township Board of Education reserves the right to reject any and all proposals and to waive any irregularities in the proposal process. Educational Services Commission of New Jersey (ESCNJ) is acting as Lease Purchase Coordinator to the Board. Please direct questions and a copy of your Bid submission (*per above) to: ESCNJ Xxxxxxx Xx X. Xxxxx - Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 3120 Xxxxxx@xxxxx.xx Rate Hold and Bidders May Offer Alternative Index: This bid request is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the quote request and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential respondents the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The respondent furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate quoted within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty day period. The right to extend the indexed rate bid beyond the sixty-sixty day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. . As part of your Quote, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Proposals are requested for the lease purchase financing as outlined on page one of this request. Respondents are requested to bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the quote opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Xxxxxxx Township School District Board of Education reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this Bid. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Bid Proposal Form.” Failure to complete all Bid documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Bid and the BRC must be received by the Board prior to award of Bid. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of Bid. ATTACHMENTS: Forms provided that must be returned with Bid: Bid Proposal Form Affirmative Action Questionnaire and Certificate of Employee Information attached or Federally approved Plan. Affirmative Action Language -signed Non Collusion Affidavit Statement of Ownership Disclosure Contractor/Vendor Questionnaire and Certification Acknowledgement of Addenda Chapter 271 – Political Contribution Disclosure Form Amortization Schedule (Please supply in accordance with paragraph 4 above) Disclosure of Investment Activities in Iran Statement of Suspension or Debarment Form Americans with Disabilities of 1990 New Jersey Business Registration Certificate (upon award) *Please check your Bid package for these forms! Name of Respondent: Address: Contact: Phone: Fax #: E-mail: ___________________________________________________________

Appears in 1 contract

Samples: Lease Purchase Financing Agreement

Location of Bid Opening. The official opening will be held on September 7October 20, 20222020, at 1:00 p.m. at the Administrative offices, 000 00 Xxxx Xxxxxx, Xxxxxxxxx, Xxx Xxxxxx Boulevard, Jackson, NJ 0852700000. It is the responsibility of the Respondent to ensure that the Bid is in the hands of the Business Administrator before 1:00 PM on S. October 20, 2020. E-mailed or faxed Bids will not be accepted at the official Bid opening. 000 Xxx 00 Xxxxxx Boulevard JacksonXxxx Princeton, NJ 08527 N.J., 08540 Attn: Xxxxxxxx XxxxxxxxxxXxxx Xxxxxxx, SBA/BS Board Secretary Ph: (000 000) 000 -0000 Please Label all Bids: “Lease Purchase Bid Enclosed“ The Xxxxxxx Township Princeton Board of Education reserves the right to reject any and all proposals and to waive any irregularities in the proposal process. Educational Services Commission of New Jersey (ESCNJ) is acting as Lease Purchase Coordinator to the Board. Please direct questions and a copy of your Bid submission (*per above) to: ESCNJ Xxxxxxx Xx X. Xxxxx - Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 3120 Rate Hold and Bidders May Offer Alternative Index: This bid request is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the quote request and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential respondents the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The respondent furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate quoted within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty thirty-day period. The right to extend the indexed rate bid beyond the sixty-sixty day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. . As part of your Quote, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Proposals are requested for the lease purchase financing as outlined on page one of this request. Respondents are requested to bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the quote opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Xxxxxxx Township School PrincetonSchool District Board of Education reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this Bid. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Bid Proposal Form.” Failure to complete all Bid documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Bid and the BRC must be received by the Board prior to award of Bid. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of Bid. ATTACHMENTS: Forms provided that must be returned with Bid: Bid Proposal Form Affirmative Action Questionnaire and Certificate of Employee Information attached or Federally approved Plan. Affirmative Action Language -signed Non Collusion Affidavit Statement of Ownership Disclosure Contractor/Vendor Questionnaire and Certification Acknowledgement of Addenda Chapter 271 – Political Contribution Disclosure Form Amortization Schedule (Please supply in accordance with paragraph 4 above) Disclosure of Investment Activities in Iran Statement of Suspension or Debarment Form Americans with Disabilities of 1990 New Jersey Business Registration Certificate (upon award) *Please check your Bid package for these forms! Name of Respondent: Address: Contact: Phone: Fax #: E-mail: ___________________________________________________________

Appears in 1 contract

Samples: Lease Purchase Financing

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Location of Bid Opening. The official opening will be held on September 7June 16, 2022, at 1:00 2:00 p.m. at the Administrative officesBusiness Administration office located at 000 Xxxxx Xxxxxxx, 000 Xxx Xxxxxx BoulevardXxxxxxxx Xxxxxxxx, Jackson, NJ 08527XX 00000. It is the responsibility of the Respondent to ensure that the Bid is in the hands of the Business Administrator before 1:00 2:00 PM on S. June 16, 2022. E-mailed or faxed Bids will not be accepted at the official Bid opening. 000 Xxx Xxxxxx Boulevard JacksonXxxxx Xxxxxxx Woolwich Township, NJ 08527 08085 Attn: Xxxxxxxx XxxxxxxxxxXxxxx Xxxxxxx, SBA/BS PhPhone: (000) 000 000-0000 Please Label all Bids: “Lease Purchase Bid Enclosed“ The Xxxxxxx Township Board of Education Kingsway Regional School District reserves the right to reject any and all proposals and to waive any irregularities in the proposal process. Educational Services Commission of New Jersey (ESCNJ) is acting as Lease Purchase Coordinator to the Board. Please direct questions and a copy of your Bid submission (*per above) to: ESCNJ Xxxxxxx Xx Xxxxx - Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 3120 Rate Hold and Bidders May Offer Alternative Index: This bid request is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the quote request and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has opted to award the bid with an indexed rate; the ICE Swap Rate index formula will remain constant. It is our belief that the utilizing the indexed rate will permit bidders to be more aggressive with the knowledge that the need for an exaggerated cushion is alleviated with an index. In order to induce the broadest range of potential respondents the Board will allow respondents to offer an alternative to the ICE Index in their proposal. The alternative index must not give unfair advantage to the respondent. The respondent furnishing an alternative index must supply historical data for the two preceding months of the bid that demonstrates the effect of the index to changes in financial conditions. This historical data will assume two funding dates one month apart for the two months prior to the bid. The offer of an alternative index must be noted on the bid Response Form and supporting documentation should be appended. The Board’s lease purchase coordinator will make the final determination as to fairness and acceptance of the proposed alternative index. If the lease does not fund at the rate quoted within thirty days of award the board requests that the rate be indexed a week before funding during the next thirty thirty-day period. The right to extend the indexed rate bid beyond the sixty-day window will be at the mutual consent of board and the award winner. The amount to be financed is an approximation based upon information as of the time of bid preparation. The cost of equipment shall be determined as a result of separate bidding or purchase via cooperative purchasing, or state contract pricing and shall be fixed prior to closing of the transaction. . As part of your QuoteBid, please supply us with the following: Name, telephone number, physical and e-mail addresses of respondent. Proposals are requested for the lease purchase financing as outlined on page one of this request. Respondents are requested to bid a fixed interest rate (inclusive of ALL financing costs) for the term of the lease. This rate will be indexed to one half the change, either up or down, of like term U.S. Treasury like term constant maturities as published by the ICE Market Data Reports, on the Friday of the week prior (Submission Date Rate) to the quote opening xxxxx://xxx.xxxxxx.xxx/marketdata/reports/180 Rates will be held for a period of thirty days from the date of bid opening. If this lease does not fund within 30 days of the bid opening, the interest rate will be adjusted. The adjustment to the Lessors proposed rate will be determined by adding, if rates have risen or subtracting, if rates have declined, one half (1/2) of the changed in the Weekly Swap Rate (closest to the term of this transaction). This change will be measured from the date of this submission (Submission Rate Date) to the “Adjusted Rate Date” of the like term Treasury constant maturities as published Friday, one week prior to the new funding date. This will be the “Adjusted Rate Date”. The Xxxxxxx Township Kingsway Regional School District Board of Education reserves the right to review and approve all terms and conditions relating to the Lease/Purchase Agreement and any other related documents. The Respondent will supply an amortization schedule for the requested amount, set to their proposed interest rate, as set forth in the example on page one of this Bid. Please include Principal Balance, Interest Amount, and Principal Amount. Please disclose your prepayment Purchase Option for each payment to the financing. This should have the name address and phone number of the lessor and be signed as original. All final lease documents of the successful Respondent must comply with relevant New Jersey laws and regulations including N.J.S.A. 18A:18A-42, N.J.A.C. 5:34-3 and others as deemed applicable. Any information concerning your firm or your ability to meet the needs of the Board that may be pertinent. Any additional costs in connection with this financing shall be disclosed by the Respondent. These costs will be factored in to the board’s evaluation of the proposal. Any and all requested documentation shall be attached to the “Bid Proposal Form.” Failure to complete all Bid documents will subject the Respondent to disqualification. The Respondent must possess a New Jersey Business Registration Certificate (“BRC”) at the time of Bid and the BRC must be received by the Board prior to award of Bid. Successful Respondent must submit a Federal Affirmative Action Certificate or New Jersey Affirmative Action Employee Information Report within ten days of award of Bid. ATTACHMENTS: Forms provided that must be returned with Bid: Bid Proposal Form Affirmative Action Questionnaire and Certificate of Employee Information attached or Federally approved Plan. Affirmative Action Language -signed Non Collusion Affidavit Statement of Ownership Disclosure Contractor/Vendor Questionnaire and Certification Acknowledgement of Addenda Chapter 271 – Political Contribution Disclosure Form Amortization Schedule (Please supply in accordance with paragraph 4 above) Disclosure of Investment Activities in Iran Statement of Suspension or Debarment Form Americans with Disabilities of 1990 New Jersey Business Registration Certificate (upon award) *Please check your Bid package for these forms! Name of Respondent: Address: Contact: Phone: Fax #: E-mail: ___________________________________________________________

Appears in 1 contract

Samples: Lease Purchase Financing Agreement

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