N.J. Admin. Code § 5:34-7.15

Current through Register Vol. 56, No. 21, November 4, 2024

Section 5:34-7.15 - Commodity resale system registration

(a) A contracting unit which purchases gasoline, diesel fuel or snow removal chemicals, public works materials and supplies, including road and roadway construction materials or any other such materials as may be approved by the Director directly from a vendor for its own consumption, may resell a portion of that commodity to another local contracting unit.

(b) All commodity resale systems shall be subject to an initial registration with and approval by the Director. In reviewing the application, the Director shall utilize the criteria set forth in 5:34-7.5(e).

(c) Approval shall be for a period not to exceed five years.

(d) The lead agency of the proposed system shall apply to the Director on behalf of the other participating unit(s).

(e) Application shall be made on Form CP-2060.

(f) The lead agency shall authorize the creation of the resale system by resolution.

(g) The lead agency acting on behalf of itself and any participating contracting unit shall at the time of initial system registration or when a new member is added to the system, submit to the Director a copy of the purchase agreement or contract between the units and all confirming resolutions.

(h) The Director shall act upon the application pursuant to 5:34-7.10.

(i) Any change in the status of the system, the addition or deletion of a member or commodity, shall be submitted by the lead agency to the Director on Form CP-2060.

(j) The Director shall be notified in writing by the lead agency within 10 days of any change in the status of the commodity resale system.

N.J. Admin. Code § 5:34-7.15

New Rule, R.1995 d.633, effective 12/4/1995.
See: 27 New Jersey Register 3259(a), 27 New Jersey Register 4885(b).
Former 5:34-7.17, "Authority of Director", recodified to 5:34-7.20.
Recodified from N.J.A.C. 5:34-7.17 and amended by R.2000 d.485, effective 12/4/2000.
See: 32 New Jersey Register 3237(a), 32 New Jersey Register 4300(a).
Former N.J.A.C. 5:34-7.15, Cooperative pricing systems financial details, recodified to N.J.A.C. 5:34-7.11. Rewrote (a); in (c), substituted "not to exceed" for "of" following "period"; and in (j), inserted "in writing" following "notified".