CONCESSION LICENSE FOR RIVERFRONT FOOD SERVICE PUSH-CART WITHIN THE BOROUGH OF RED BANK

CONCESSION LICENSE FOR RIVERFRONT FOOD SERVICE PUSH-CART

WITHIN THE BOROUGH OF RED BANK

The Mayor and Council have determined that certain areas on the riverfront are not needed for public use and are not otherwise dedicated or restricted pursuant to law.

The Mayor and Council of the Borough of Red Bank have authorized and directed the Borough Clerk to advertise for bids to award a Concession License upon certain Borough property, as described hereinbelow, pursuant to N.J.S.A. 40A:11-4.1, upon the following terms and conditions:

Use of public park properties located along the riverfront, including Maple Cove, Riverside Gardens Park, and Marine Park, in such areas as designated by the Borough (the “Concession Premises”), for the sale of beverages and food from a commercial-grade push cart, which said push-cart design is subject to approval of the Borough of Red Bank.

1.        The Concession License shall be awarded to the highest bidder that submits a sealed bid on or before 11:00AM on Wednesday, April 15, 2026 to the Borough Clerk’s Office, 90 Monmouth Street, Red Bank, New Jersey 07701.

2.        The term of said Concession License 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.

3.        The minimum bid that may be accepted by the Borough of Red Bank for the Concession License is $1,000.00 per year. No Security Deposit is required.

4.        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 and returned to any non-successful bidder within thirty (30) days of the bid award.

5.        The balance of the first year’s Annual Fee shall be paid by cash or certified check within fourteen (14) days of the execution of Concession License Agreement by Concessionaire and the Borough.

6.        Within (7) days after adoption of a Resolution by the Borough awarding the Concession License, the Concessionaire must execute the Concession License Agreement on file in the Municipal Clerk’s Office located at 90 Monmouth Street, Red Bank, NJ 07701 and available for review Monday through Friday between the hours of 9:00 a.m. and 4:00 p.m.

7.        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. All successful bidders must execute the Other Contract Documents appended to the Concession License Agreement as Exhibit C.

8.        The successful bidder 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 Concessionaire shall maintain such insurance in force during the term of the Concession License. The Concessionaire shall name the Borough as an additional insured under the said policy, and said policy shall provide for at least ten (10) days advance notice to the Borough before cancellation or non-renewal thereof.

9.        The Borough reserves the right to reject the highest bid, and to reject any and all bids and waive any minor non-material defects as be in the best interests of the Borough.