Dept/ Agency: Administration/ Division of Central Purchasing Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Cooperative Purchasing Agreement Purpose: To authorize the use of Sourcewell Cooperative Contract #011723-JDC to purchase of one (1) 2024 John Deere 544 P Wheel Loader at $278,860.00 and enter into a five (5) year lease for four (4) 2024 John Deere 544 P Wheel Loader with a $1.00 buyout at the end of the lease for the Citywide cleanup and snow detail. Entity Name(s)/Entity Address(s): Jesco, Inc., 18 St Nicholas Avenue, South Plainfield, New Jersey 07080; and Deere Credit, Inc. d/b/a John Deere Financial Lease, 6400 NW 86th Street, Johnston, Iowa 50131 Contract Amount: Not to exceed $1,533,992.60 Funding Source: 2024 Budget/Department of Water and Sewer Utilities/NW038-800-8007-94340-2024/Capital Outlay Contract Period: Commencing upon a date to be established for a one-time purchase of one (1) Loader and five (5) year lease for four (4) Loaders 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: Resolution 7R1-c(AS), adopted on April 20, 2022, the Municipal Council authorized membership in the Sourcewell Cooperative. This Cooperative Purchasing Agreement will purchase wheel loaders for all City Departments.
What this record is
- Held by
- Jesco, Inc 6 records across this site
- Amount
- $1.53M
- Runs until
- August 6, 2029 3 years away date calculated from a contract term stated in the record, not quoted directly
- Type
- purchase
- Field
- Vehicles & equipment
- Compared to
- $136K – $264K the middle half of 5 other Jesco, Inc contracts; median $225K — this one sits well outside that, which a longer term or wider scope will do, but is worth reading
vehicles & equipment contracts in NJ that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
Read automatically from the title of the official record. The source document below is authoritative.
Jesco, Inc also holds
Department of Public Works: An Ordinance Authorizing the Mayor to Enter into an Agreement with Jesco, Inc., under State Contract No. PC69403, for Nece… Adoption of Resolution R-38-25 Waiving the Competitive Bidding Requirements of Section 61 “Purchasing and Contracting” of the Charter of the City of B… Resolution authorizing the award of a Cooperative Contract purchase for a new 2025 Front Wheel Loader to JESCO, Inc. for $264,067.24 (R25-71) Award a Contract in the form of a Purchase Order to Jesco, Inc., of South Plainfield, NJ, for the purchase of one John Deere Backhoe Loader in the amo… Award a Contract in the Form of a Purchase Order to Jesco Inc., of South Plainfield, NJ, for the Purchase of One Rubber Tire Wheel Loader in the Amoun…- Committee
- Administration
- Introduced
- August 6, 2024
- On agenda
- August 13, 2024
- Passed
- August 13, 2024
Where it was heard
Municipal CouncilWatch what Newark buys
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