Township of Hopewell, Hopewell Township, NJ·City
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The Township of Hopewell, New Jersey, is soliciting electronic bids for the purchase of $23,203,000 in General Obligation Bonds, Series 2026. The offering consists of $23,100,000 in General Improvement Bonds and $103,000 in Sewer Utility Bonds. Bids must be submitted via the PARITY Electronic Bid System by 11:00 a.m. local time on September 2, 2026. A good faith deposit of $464,060 is required via check or wire transfer by 10:30 a.m. on the sale date. The bonds will be awarded based on the lowest True Interest Cost (TIC). Legal opinion will be provided by McManimon, Scotland & Baumann, LLC. The bonds are expected to be delivered on September 17, 2026, in book-entry-only form through DTC.
Lowest True Interest Cost (TIC)
Electronic bid proposal, Good faith deposit, Reoffering yields, CUSIP notification
Common questions about this solicitation, answered from the record.
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is September 2, 2026. The solicitation specifies required deliverables that must be addressed in your response. Submissions should be delivered to: PARITY Electronic Bid System. For questions, contact Julie Troutman.
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Lowest True Interest Cost (TIC)" Vendors should carefully align their proposals with each criterion to maximize their score.
All active and historical solicitations from Township of Hopewell are tracked and searchable. As a city agency, Township of Hopewell regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
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. Review the full document from Township of Hopewell for the complete list.
Most government agencies, including Township of Hopewell 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.
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.
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Julie Troutman at (609) 537-0234. Questions and answers are typically shared with all prospective bidders.
This solicitation defines a specific project scope. The scope covers the following locations: Hopewell, NJ. Review the full solicitation for detailed scope requirements.
The solicitation specifies the following deliverables: Electronic bid proposal, Good faith deposit, Reoffering yields, CUSIP notification. Proposals should clearly address how each deliverable will be met.
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