Dept/ Agency: Water and Sewer Utilities Action: (X) Ratifying (X) Authorizing (X) Amending Type of Service: Change Order/Amend Resolution 7R12-a adopted on December 21, 2022 Purpose: To enter into and execute Change Order #1 Valve Inspection, Testing, Exercising and Assessment of Large Valves (16-inch and above) for City Contract #11-WS2022. Entity Name: ValveTek Utility Services, Inc. Entity Address: 20 Lafayette Place, Kenilworth, New Jersey 07033 Contract Amount: Not to exceed $1,374,064.80 Funding Source: 2024 Budget/Department of Water and Sewer Utilities/NW037-750-7502- 71280-B2024 Contract Period: 730 calendar days from the date of the issuance of a written Notice to Proceed until final completion Contract Basis: (X) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Resolution 7R12-a adopted on December 21, 2022, awarded a contract in an amount not to exceed $1,145,054.00 for a period of 730 calendar days from the date of the issuance of a written Notice to Proceed until final completion. Change Order #1 will increase the contract amount by $229,010.80 for a new total contract amount not to exceed $1,374,064.80, with no extension to the contract period.