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ORDINANCE TO AMEND TITLE 2, CHAPTER 5, DEPARTMENT OF ADMINISTRATION, ARTICLE 4 DIVISION OF CENTRAL PURCHASING, SUBSECTION 2:5-13.2., POWERS AND DUTIES OF CITY PURCHASING AGENT, OF THE REVISED ORDINANCES OF THE CITY OF NEWARK, NEW JERSEY, AS AMENDED AND SUPPLEMENTED (TO RAISE THE THRESHOLD FOR BIDDING REQUIREMENTS FOR PUBLIC CONTRACTS FROM $21,000.00 TO $40,000.00 AND INFORMAL QUOTATION THRESHOLD FROM $3,150.00 TO $6,000.00.
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WHEREAS, the City of Newark desires to increase the threshold for bidding requirements for public contracts and informal quotation threshold in order to establish and promote a more efficient and effective municipal government; and
WHEREAS, pursuant to Local Finance Notice 2015-20, municipalities were notified that pursuant to N.J.S.A. 40A:11-3(c), former Governor Christie exercised his authority to adjust bid thresholds for contracting units subject to Local Public Contracts Law, effective July 1, 2015; and
WHEREAS, the Municipal Council of the City of Newark, by ordinance, has appointed Jerome Wakefield as its Qualified Purchasing Agent, pursuant to N.J.S.A. 40A:11-9b., and can now take advantage of a higher bid threshold pursuant to N.J.S.A. 40A:11-3(c), which was increased to Forty Thousand Dollars ($40,000.00) per LFN 2015-20; and
WHEREAS, as a result of the change in the bid threshold, the 15% threshold for the informal receipt of quotations thresholds of N.J.S.A. 40A:11-6.1(a) is now Six Thousand Dollars ($6,000.00); and
WHEREAS, the Mayor and Business Administrator believe it is in the best interest of the City of Newark to raise the threshold for bidding requirements for public contracts from Twenty-One Thousand Dollars ($21,000.00) to Forty Thousand Dollars ($40,000.00) and the informal quotation threshold from Three Thousand One Hundred Fifty Dollars ($3,150.00) to Six Thousand Dollars ($6,000.00).
NOW, THEREFORE, BE IT ORDAINED BY THE MUNICIPAL COUNCIL OF THE ...
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