Title
Dept/ Agency: Administration/Division of Central Purchasing
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Use of State Contract(s) #T2581 Auctioneering Services: Internet Auctions to Sell Surplus Property (#19-GNSV1-00696)
Purpose: To dispose of obsolete equipment city-wide by the Office of Information Technology.
Entity Name(s)/Address(s): Municibid, 395 Circle of Progress Drive, Suite D, Pottstown, Pennsylvania 19464
Contract Amount: Vendor will be paid a commission percentage from the proceeds of the auction sales, pursuant to the State Contract
Funding Source: 011-030-0306-71280/71450/83030/94210
Contract Period: Upon approval of Municipal Council through April 30, 2023, inclusive of extensions by the State
Contract Basis: ( ) Bid (X) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
Entity Name/Address:
Additional Information:
This contract will provide for the sale of surplus property no longer needed for public use on an online auction website on behalf of the City's Office of Information Technology.
body
WHEREAS, the City of Newark, through its Purchasing Agent, wishes to utilize State Contract T2581 Auctioneering Services: Internet Auctions to Sell Surplus Property to dispose of obsolete equipment citywide by the Office of Information Technology, from an authorized vendor under the New Jersey Cooperative Purchasing Program 1-NJCP, pursuant to N.J.A.C. 5:34-7.29; and
WHEREAS, the purchase of goods/services by local contracting units are authorized by Local Public Contracts Law, N.J.S.A. 40A:11-12; and
WHEREAS, in accordance with N.J.S.A. 40A:11-11(5), N.J.S.A. 52:25-16.1 et seq. and N.J.A.C. 5:34-1.7 all Cooperative Purchasing Program participants are responsible for ensuring that the Purchase Order issued reflects the correct co...
Click here for full text