How many days in advance must a notice to perspective bidders be advertised before bid receipts are due?

The requirement to advertise a notice to prospective bidders at least 10 days before the bid receipts are due is established in New Jersey’s public contracting laws. This regulation ensures that all potential bidders have adequate time to prepare and submit their bids, fostering fair competition and transparency in the bidding process. The 10-day period allows bidders sufficient time to review the specifications and requirements of the bid, organize their proposals, and gather any necessary documentation.

Additionally, the rule helps avoid last-minute submissions and promotes a robust bidding environment, enabling more vendors to participate and therefore potentially offering better pricing and services for public projects.

While shorter notice periods like 5, 7, or 15 days are sometimes mentioned in other contexts or for different types of contracts, the specific 10-day timeline is a standard practice that aligns with the broader goals of municipal contracting in New Jersey.