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

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