Dept/ Agency: Administration/Division of Central Purchasing Action: (X) Ratifying (X) Authorizing (X) Amending Type of Service: Extension of Emergency Contract #E2024-05 Purpose: Extension of Emergency Contract #E2024-05, and change amount not to exceed Entity Name: Caravella Demolition Inc. Entity Address: 40 Deforest Avenue East Hanover, New Jersey 07936 Contract Amount: Not to exceed $1,331,350.00 Funding Source: Department of Economic and Housing Development budgetary line items NW027-A23-EC3P0-71910-B2023 and NW027-A23-EC23B-71910-B2023 Contract Period: Extended an additional ninety (90) days from January 27, 2025, through April 26, 2025 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: On request of the Department of Economic and Housing Development, Emergency Contract #E2024-05 was awarded to Caravella Demolition Inc. for the period from July 19, 2024 through October 27, 2024 in an amount not to exceed $515,000.00. Resolution 7R1-j adopted on November 26, 2024 authorized a ninety (90) day extension from October 27, 2024 through January 27, 2025 and an increase in the original emergency contract’s not-to-exceed amount by $210,250.00. The increase resulted in a new not-to-exceed contract amount of $725,250.00. The Department of Economic and Housing Development, is requesting ratification of a second, ninety-day extension of Emergency Contract #E2024-05 for the period from January 27, 2025 through April 26, 2025. The need for such extension was due to delays in the process caused by unforeseen issues related to asbestos. It increases the not-to-exceed contract amount to $1,331,350.00.