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Resolution of the Mayor and Council of Princeton Authorizing a One-Year Extension to the Contract with Greater Mercer Transportation Management Association, Inc. for Transportation Services for Crosstown for an Amount Not to Exceed $158,000.00
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WHEREAS, on December 18, 2023, the Municipality of Princeton ("Municipality") passed Resolution 23-402 awarding a contract to Greater Mercer Transportation Management Association, Inc. ("Greater Mercer TMA") for Transportation Services for Crosstown for an amount not to exceed $269,850.00; and
WHEREAS, pursuant to the Bid Specifications and Agreement between the Municipality and Greater Mercer TMA the initial term of the contract was twenty-four months from January 1, 2024, through December 31, 2025, and may be extended for up to two (2) additional one (1) year terms; and
WHEREAS, Greater Mercer TMA 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, the cost for the additional one (1) year term shall not exceed $158,000.00, pursuant to the Bid Specifications and Agreement;
WHEREAS, the Chief Financial Officer has certified that sufficient funds are available to pay for said services in account 01-201-27-331-298.
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 Greater Mercer Transportation Management Association, Inc. for Transportation Services for Crosstown is hereby extended for one year from January 1, 2026, through December 31, 2026, for an amount not to exceed $158,000.00.
2. All other remaining provisions of the Agreement between the Municipality and Greater Mercer Transportation Management Association, Inc. not inconsistent herewith shall remain the same.
3. This Resolution, when countersigned...
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