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Resolution of the Mayor and Council of Princeton Authorizing the Award of a Contract with Interstate Waste Services of New Jersey, Inc. for Option #1 Solid Waste and Bulk Waste Collection Utilizing Contractor-Supplied 64-Gallon Carts for the Fourth Year of a Five-Year Term for an Amount Not to Exceed $1,525,645.00
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WHEREAS, in response to a duly advertised Notice to Bidders under the New Jersey Local Public Contracts Law, N.J.S.A. 40A:11- 1 et seq., on October 19, 2022, the Municipality of Princeton (“Princeton”) received one bid for the publicly solicited five-year Solid Waste and Organics Collection contract from Interstate Waste Services of New Jersey, Inc. (IWS) for a five-year bid price of $7,105,075.00, to be distributed per service year as follows:
Year 1 (February 1, 2023 - January 31, 2024) $1,211,106.00
Year 2 (February 1, 2024 - January 31, 2025) $1,307,994.00
Year 3 (February 1, 2025 - January 31, 2026) $1,412,634.00
Year 4 (February 1, 2026 - January 31, 2027) $1,525,645.00
Year 5 (February 1, 2027 - January 31, 2028) $1,647,696.00
Total Five-Year Cost $7,105,075.00; and
WHEREAS, the bid was reviewed by the Municipal Attorney’s Office, who found that its submission complied with the bidding requirements for same, and by Princeton’s Waste Consultant, DeFeo Associates, who recommended that a contract for Solid Waste and Bulk Waste Collection with Contractor-Supplier Carts be awarded to IWS; and
WHEREAS, by Resolution 22-400 adopted on November 14, 2022, Princeton awarded a contract for Solid Waste and Organics Collection to IWS; and
WHEREAS, IWS has been performing the services under the Agreement in an effective and efficient manner; and
WHEREAS, the Chief Financial Officer has certified that sufficient funds are available to pay for said services in account 01-201-26-305-273.
NOW, THEREFORE, BE IT RESOLVED by the Princeton Council in the Municipality of Princeton as follows:
1. The bid submitted by Interstate Waste Services of New Jersey, Inc. be and is hereby accepted for the fourth year of a five-year contract; and
2. The amount of the fourth year of the contract shall not exceed $1,525,645.00.
3. The continuation of the contract and services thereunder beyond the second year of the contract shall be subject to the availability and appropriation annually of sufficient funds for this service for the subsequent year, in accordance with the aforementioned payment distribution.
4. A certified true copy of this Resolution shall be furnished upon its adoption to Interstate Waste Services of New Jersey, Inc.