HomeMy Public PortalAboutr 20-090Y4001u# ion of f4t jgorog4 of gamed, 3C oc
No. #20 -90 Date of Adoptio June 25, 20 20
RESOLUTION INCREASING THE BID THRESHOLD
FOR CONTRACTS SUBJECT TO PUBLIC BIDDING
UNDER THE LOCAL PUBLIC CONTRACTS LAW
WHEREAS, N.J.S.A. 40A:11 -3(a) provides that "If a purchasing agent has been
appointed, the governing body of the contracting unit may establish that the bid threshold
may be up to ... the threshold amount adjusted by the Governor pursuant to subsection c.
of this section."
WHEREAS, N.J.S.A. 40A:11 -3(c) provides that "The Governor, in consultation with the
Department of the Treasury, shall, no later than March I of every fifth year ... adjust the
threshold amount, in direct proportion to the rise or fall of the index rate ... and shall
round the adjustment to the nearest $1,000. The Governor shall, no later than June 1 of
every fifth year, notify each governing body of the adjustment. The adjustment shall
become effective on July 1 of the year in which it is made."
WHEREAS, on June 1, 2020, the State Treasurer announced the adjusted bid threshold
amount under the Local Public Contracts Law for a governing body which has appointed
a qualified purchasing agent to be $44,000.00; and
WHEREAS, the governing body Borough of Carteret desires to increase its bid threshold
in accordance with the State's adjusted bid threshold and grant the authorization to
negotiate and award such contracts below the bid threshold.
NOW, THEREFORE, BE IT RESOLVED, that the governing body of the Borough of
Carteret hereby increases the bid threshold for award of public contracts by the Borough
to $44,000.00.
BE IT FURTHER RESOLVED that this Resolution shall take effect on July 1, 2020
Adopted this 25d' day of June, 2020
and certified as a true copy of the
original on June 26, 2020.
CARMELA POGORZBLSKI
Acting Municipal Clerk
RECORD OF COUNCIL VOTE
COUNCILMAN
YES
NO
NV
A.B.
COUNCILMAN
YES
NO
NV
A.B.
BELLINO
X
JOHAL
X
DIAZ
X
KRUM
X
DIPIASCIO
X
NAPLES
X
X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vole to Overrule Veto
Adopted at a meeting of the Municipal Council
June
Qd
5, 2020
g/
Acting Municr.pal-C1erk