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Resolution of the Mayor and Council of Princeton Authorizing a One-Year Extension to the Contract with WeDriveU, Inc. for Public Transit Services for an Amount Not to Exceed $384,407.28
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WHEREAS, on December 9, 2024, the Municipality of Princeton (“Municipality”) passed Resolution 24-354 awarding a contract to WeDriveU, Inc. for the Operation and Maintenance of the Princeton Transit Service for an amount not to exceed $362,164.00 for Transit Services and $15,000 for Vehicle Identification Allowance, for a total amount not to exceed $377,164.00; and
WHEREAS, pursuant to the Bid Specifications and Agreement between the Municipality and WeDriveU, Inc. the initial term of the contract was twelve months from January 1, 2025, through December 31, 2025, and may be extended for up to two (2) additional one (1) year terms; and
WHEREAS, WeDriveU, Inc. has been performing the services under the Agreement in an effective and efficient manner; and
WHEREAS, the Municipality desires to extend the contract for an additional one (1) year term; and
WHEREAS, any price change included as part of an extension shall be based upon the price of the original contract and shall not exceed the current change in index rate pursuant to N.J.S.A. 40A:11-15; and
WHEREAS, the cost of Transit Services for the first extension shall reflect an increase of 2%, resulting in an annual amount not to exceed $369,407.28, or a monthly amount not to exceed $30,783.94.
WHEREAS, amount for the Vehicle Identification Allowance shall not increase, resulting in an overall not to exceed amount of $384,407.28;
WHEREAS, the Chief Financial Officer has certified that sufficient funds are available to pay for said services in account 05-201-02-009-299.
NOW, THEREFORE, BE IT RESOLVED by the Council of the Municipality of Princeton, County of Mercer, State of New Jersey, as follows:
1. The current contract between the Municipality of Princeton and WeDriveU, Inc. for Public Transit Services is hereby extended for one year from January 1, 2026, through December 31, 2026, pursuant to N.J.S.A. 40A:11-15, for an amount not to exceed $384,407.28.
2. All other remaining provisions of the Agreement between the Municipality and WeDriveU, Inc. not inconsistent herewith shall remain the same.
3. This Resolution, when countersigned by WeDriveU, Inc., shall serve as the first extension of the original December 9, 2024, Agreement.
ATTEST: PRINCETON
By: _____________________________ By: _____________________________
Dawn M. Mount, Municipal Clerk By: Mark Freda, Mayor
WITNESS: WEDRIVEU, INC.
By: _____________________________ By: _____________________________
Witness Authorized Representative