Each proposal is subject to the following requirements, together with all terms and conditions of the Borough’s Concession License Agreement for the above-described concession area:
The Concession License(s) may be awarded to one or more successful bidder(s) that submits a sealed bid by 11:00AM on Friday, May 22, 2026 to Borough Clerk Mary Moss, 90 Monmouth Street, Red Bank, New Jersey 07701; (732) 530-2777. The Concession License(s) shall be awarded based upon the most advantageous annual fees and other factors considered, particularly the variety of food service offerings and the availability of the successful bidder(s) to be open upon the public grounds.
The term of said Concession License(s) is May 15, 2026 to September 30, 2026, with an option to extend for an additional season from May 15, 2027 to September 30, 2027 upon the same terms and conditions. The minimum bid that may be accepted by the Borough of Red Bank for the Concession License(s) is $1,200.00 per year. No Security Deposit is required.
All bidders must submit to the Borough Clerk, with their sealed bid, a deposit in the amount of One Thousand Dollars ($1,000.00) by certified check, bank check or cash. The deposit will be a credit toward the Concession Annual Fee in favor
of the successful bidder(s) and returned to any non-successful bidder(s) within thirty (30) days of the bid award.
Within fourteen (14) days after adoption of a Resolution by the Borough awarding the Concession License, the successful bidder(s) must execute the Concession License Agreement on file in the Office of Borough Clerk Mary Moss, 90 Monmouth Street, Red Bank, New Jersey 07701; (732) 530-2777; mmoss@redbanknj.org, and available for review Monday through Friday between the hours of 9:00 a.m. and 4:00 p.m.
The balance of the first year’s Annual Fee shall be paid by cash or certified check upon execution of the Concession License Agreement by the successful bidder(s).
All bidders should inspect the Concession License Agreement and the Concession Premises prior to bidding insofar as the terms of the Concession License Agreement are incorporated herein. The successful bidder(s) must also execute the Other Contract Documents appended to the Concession License Agreement as Exhibit C.
The successful bidder(s) must provide proof of insurance to the Borough for liability in the amounts of: (a) $1,000,000.00 for injuries to one person; (b) $1,000,000.00 for any one accident; (c) $50,000.00 for property damage; and (d) Workers' Compensation/Disability Insurance with the limits of liability as required by New Jersey law, in order to provide adequate protection for the Borough, its representative employees and others lawfully on the Concession Premises, against all liabilities, damages and accidents. The successful bidder(s) shall maintain such insurance in force during the term of the Concession License. The successful bidder(s) shall name the Borough as an additional insured under the said policy, which shall provide for at least ten (10) days advance notice to the Borough before cancellation or non-renewal thereof.
The Borough reserves the rights to reject the highest and/or most advantageous bid, and to reject any and all bids, and to waive any minor non-material defects as be in the best interests of the Borough.
