(a)
To the extent that it is not inconsistent with state or federal law, the Township of Teaneck and any of its purchasing agents or departments or instrumentalities of the municipality thereof, as the case may be, shall not enter into any agreement or otherwise contract to procure services from any professional business entity or vendor in excess of $17,500 in the aggregate per year, excepting those contracts awarded under a public exigency (N.J.S.A. 40A:11-6) or those awarded pursuant to a fair and open process whereby the award is required to be made to the lowest responsible bidder, if such professional business entity or vendor has solicited or made any contribution of money, or pledge of a contribution, including in-kind contributions, to a campaign committee of any municipal candidate or holder of public office in the Township of Teaneck having ultimate responsibility for the award of a contract, or to any Township of Teaneck party committee, or to any candidate committee or political action committee (PAC) that regularly engages in, or whose primary purpose is, the support of Teaneck municipal elections and/or Teaneck municipal parties, in excess of the thresholds specified in Subsection (d) within the preceding one-year period from the date of the award of the contract or agreement.
(b)
No professional business entity or vendor who submits a proposal for, enters into negotiations for, or agrees to any contract or agreement in excess of $17,500 in the aggregate per year (excepting emergency contracts awarded by N.J.S.A. 40A:11-6 or under the fair and open process pursuant to N.J.S.A. 19:44A-20 et seq. whereby the award is required to be made to the lowest responsible bidder) with the Township of Teaneck or any departments thereof, for the rendition of professional services, or goods and services, as the case may be, shall knowingly solicit or make any contribution of money, or pledge of a contribution, including in-kind contributions, to a campaign committee of any municipal candidate or holder of public office in the Township of Teaneck having ultimate responsibility for the award of a contract, or to any Township of Teaneck party committee, or to any candidate committee or political action committee (PAC) that regularly engages in, or whose primary purpose is, the support of Teaneck municipal elections and/or Teaneck municipal parties, between the time of first communication between that professional business entity or vendor and the Township of Teaneck regarding a specific professional services agreement or goods and services agreement, as the case may be, and the later of the termination of negotiations or rejection of any proposal, or the completion of the contract or agreement.
(c)
For purposes of this chapter, a "professional business entity" and a "vendor" seeking a public contract mean an individual, including the individual's spouse, if any, and any child living at home; person; firm; corporation; professional corporation; partnership; organization; or association. The definition of a "business entity" and "vendor" includes all principals who own 10% or more of the equity in the corporation or business trust, partners, and officers in the aggregate employed by the entity or vendor, as well as any subsidiaries directly controlled by the business entity or vendor.
(d)
Any individual meeting the definition of "professional business entity" or "vendor" under this section may contribute a maximum of $300 each per election for any purpose to a campaign committee of any municipal candidate or holder of public office in the Township of Teaneck having ultimate responsibility for the award of a contract, or to any Township of Teaneck party committee, or to any candidate committee or political action committee (PAC) that regularly engages in, or whose primary purpose is, the support of Teaneck municipal elections and/or Teaneck municipal parties without violating Subsection (a) of this section. However, any group of individuals meeting the definition of "professional business entity" or "vendor" under this section, including such principals, partners, and officers of the entity or vendor in the aggregate, may not annually contribute for any purpose in excess of $2,500 per election to all Township of Teaneck candidates and officeholders with ultimate responsibility for the award of the contract, and all Township of Teaneck political parties, candidate committees, and PACs referenced in this chapter combined, without violating Subsection (a) of this section.
(e)
For purposes of this section, the office that is considered to have ultimate responsibility for the award of the contract shall be the Township Council.