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Resolution of the Mayor and Council of Princeton Authorizing the Award of a Contract to Core Equipment Group for a Case 6216XR Wheel Loader for $311,053.00 utilizing Sourcewell National Cooperative Purchasing Contract #011723-CNH
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WHEREAS, the Municipality of Princeton has a need to procure a Case 6216XR Wheel Loader to replace an existing 2016 wheel loader; and
WHEREAS, this equipment is available on Sourcewell National Cooperative ("Sourcewell") Contract #011723-CNH which was awarded to Core Equipment Group; and
WHEREAS, pursuant to N.J.S.A. 52:34-6.2 b. (3), the Municipality of Princeton may make purchases through the use of a nationally-recognized and accepted cooperative purchasing agreement that has been developed utilizing a competitive bidding process within the State of New Jersey, or within any other state; and
WHEREAS, Core Equipment Group provided a proposal for the desired equipment in the amount of $311,053.00; and
WHEREAS, the Municipality of Princeton has documented the required due diligence to determine that the use of the cooperative purchasing agreement shall result in cost savings after all factors, including charges for service, material, and delivery, have been considered; and
WHEREAS, the Municipality of Princeton has reviewed the Sourcewell contract and determined that it meets New Jersey's "fair and open" standards; and
WHEREAS, the Municipality of Princeton has obtained statutory required forms and confirmed that Core Equipment Group complies with New Jersey requirements; and
WHEREAS, in accordance with guidance from the State of New Jersey, an advertisement notifying the public of the intent to award a contract was publicly posted on August 18, 2026; and
WHEREAS, the Certified Financial Officer has certified that the Municipality of Princeton has appropriated sufficient funds for these goods in account 04-215-26-023-075-322.
NOW, THEREFORE, IT IS RESOLVED by the Council of the Municipality of Princeton, Count...
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