Title
Dept/ Agency: Administration/ Division of Central Purchasing
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Cooperative Purchasing Agreement
Purpose: To authorize Membership with Sourcewell, a National Purchasing Cooperative and enter into a Lease Purchase with NCL - National Cooperative Leasing for (150) Ford Interceptor Hybrid vehicles for the Department of Public Safety, Division of Police through Sourcewell Contract #011620-NCL.
Entity Name: Sourcewell and Lease Servicing Center, Inc., d/b/a NCL Government Capital
Entity Address: 202 12th Street Northeast, P.O. Box 219, Staples, Minnesota 56479 and 220 22nd Avenue E., Suite 106, Alexandria, Minnesota 56308
Contract Amount: Not to exceed of $11,362,060.46
Funding Source: 2022 Budget/Department of Public Safety, Division of Police/011-200-2001-71890 B2022
Contract Period: Commencing on April 20, 2022 for a five (5) year lease
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient (X) N/A
Additional Information:
The purchase of these vehicles and equipment will be submitted under separate cover as Legistar File ID # 22-0592), prior to the adoption of this Resolution authorizing financing.
The vehicles and equipment are being purchased through the use of multiple State Contracts.
This contract is in the amount of $2,272,412.09 per year for a total contract amount not to exceed $11,362,060.46.
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WHEREAS, the City of Newark, in furtherance of its goals to search for lower costs, greater efficiency and improved product quality, wishes to enter into a membership with Sourcewell, a National Purchasing Cooperative, and to enter into a Leasing Contract with vendor NCL - National Cooperative Leasing through Contract #011620-NCL to lease One Hundred Fifty (150...
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