This shows the authors are familiar with the field, avoids inadvertent plagiarism, allows them to make it clear precisely how their contribution contributes to knowledge, shows people from funding bodies that this is a cutting edge and important field of research, and points readers in the right direction if they want to see earlier ideas, or ideas in a more applied context.
If among those 92 citations should be a few papers from your boss and your colleagues, nobody will see that as unusual - as long as they're at least marginally relevant.