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Somerset Hills Regional School District - $38,024,000 School Bonds, Series 2026 - 2026

Somerset Hills Regional School District logoSomerset Hills Regional School District
Due
Apr 21, 2026
Deadline passed
Posted
Apr 14, 2026
Primary contact
Richard D. Liguori
(908) 204-1930 ext 1117

The 30-second brief

What they're buying

The Board of Education of the Somerset Hills Regional School District in the County of Somerset, New Jersey is requesting electronic bids via PARITY for $38,024,000 aggregate principal amount of School Bonds, Series 2026. The bonds are general obligations of the Board, backed by the New Jersey School Bond Reserve Act, and feature serial maturities starting in 2028 through 2046. Bids are due by April 21, 2026, at 11:00 a.m. Eastern Daylight Saving Time, requiring a good faith deposit of $760,480 via certified check or wire transfer. The basis of award is Net Interest Cost with ascending coupons required in multiples of 1/8 or 1/20 of 1%. Delivery of the bonds is expected on or about May 5, 2026.

What you must deliver

$38, 024, 000 School Bonds, Series 2026

How it's scored

Net Interest Cost

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Summary

The Board of Education of the Somerset Hills Regional School District in the County of Somerset, New Jersey is requesting electronic bids via PARITY for $38,024,000 aggregate principal amount of School Bonds, Series 2026.

The bonds are general obligations of the Board, backed by the New Jersey School Bond Reserve Act, and feature serial maturities starting in 2028 through 2046. Bids are due by April 21, 2026, at 11:00 a.m. Eastern Daylight Saving Time, requiring a good faith deposit of $760,480 via certified check or wire transfer. The basis of award is Net Interest Cost with ascending coupons required in multiples of 1/8 or 1/20 of 1%. Delivery of the bonds is expected on or about May 5, 2026.

EVALUATION CRITERIA

Net Interest Cost

REQUIRED DELIVERABLES

4
  • $38
  • 024
  • 000 School Bonds
  • Series 2026

REQUIRED ATTACHMENTS

Good Faith Check in the form of a certified, cashier's or treasurer's check or a wire transfer in the amount of $760,480, return envelope, certificate (Exhibit A)

Submit to
www.idealparity.com
Scope location
Bernardsville, NJ

Questions about this BID

How do I respond to this Bid from Somerset Hills Regional School District?

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is April 21, 2026. The solicitation specifies required deliverables that must be addressed in your response. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: www.idealparity.com. For questions, contact Richard D. Liguori.

Can small businesses or minority-owned firms bid on this Bid?

Most government agencies, including Somerset Hills Regional School District in NJ, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.

What happens after the Bid submission deadline?

After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.

Can I ask questions about this solicitation before submitting?

Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Richard D. Liguori at (908) 204-1930 ext 1117. Questions and answers are typically shared with all prospective bidders.

What are the key deliverables?

The solicitation specifies the following deliverables: $38, 024, 000 School Bonds, Series 2026. Proposals should clearly address how each deliverable will be met.

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What are the evaluation criteria for this solicitation?

This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Net Interest Cost" Vendors should carefully align their proposals with each criterion to maximize their score.

Where can I find more RFPs from Somerset Hills Regional School District?

All active and historical solicitations from Somerset Hills Regional School District are tracked and searchable. As a school agency, Somerset Hills Regional School District regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.

What documents are required to bid on this Bid?

Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: Good Faith Check in the form of a certified, cashier's or treasurer's check or a wire transfer in the amount of $760,480, return envelope, certificate (Exhibit A). Review the full document from Somerset Hills Regional School District for the complete list.

What is the scope of this project?

This solicitation defines a specific project scope. The scope covers the following locations: Bernardsville, NJ. Review the full solicitation for detailed scope requirements.

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