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New Jersey Statutes, Title: 18A, EDUCATION
Chapter 39: Transportation of pupils remote from school.
Section: 18A:39-4: Form of bid; deposit; forfeiture or return of deposit
Each transportation bid shall be accompanied by information required on a standard form of questionnaire approved by the state board and by a cashier's or certified check for 5\% of the annual amount of the contract, which deposit shall be forfeited upon the refusal of a bidder to execute a contract; otherwise, checks shall be returned when the contract is executed and a bond filed.
L.1967, c.271
This section added to the Rutgers Database: 2012-09-26 13:37:47.
Older versions of 18a:39-4 (if available):
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