Dept/ Agency: Administration/Division of Central Purchasing Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Competitive Contracting Purpose: To provide the Payroll Services to the Newark Youth Employment Programs Entity Name: Precise Payroll I LLC Address(s): 103 N. Buffalo Avenue, Ventnor City, New Jersey 08406 Contract Amount: Not to exceed $100,000.00 Funding Source: 2025 Budget/ NW011-010-0109-72090-B2025 Contract Period: Twelve (12) consecutive months with two (2) one-year options to renew Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions (X) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) N/A Additional Information: This Resolution authorizes a contract to provide payroll services for the youth of the City of Newark for the Newark Youth Employment Programs. Advertisement Date: March 7, 2025 Bids Downloaded: Thirty-Seven (37) Bids Submitted: One (1)