Dept/ Agency: Engineering Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Competitive Contracting, pursuant to N.J.S.A. 40A:11-4.1(j) Purpose: To authorize the use of competitive contracting for the procurement of dockless vehicles for use in the City’s public right-of-way. Entity Name: Veoride, Inc. Entity Address: 1334 Third Street Promenade, Suite #300, Santa Monica, California 90401 Contract Amount: Revenue Contract (no expenditures from the City of Newark) Funding Source: No municipal funds required Contract Period: Two (2) years from the date of the issuance of a formal Notice to Proceed 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 ratifies and authorizes the use of competitive contracting for the procurement of dockless vehicles under the City of Newark’s Dockless Vehicle Share System Program, and further authorizes a contract award to Veoride, Inc. to provide dockless vehicles. The vendor is required to pay $125,000.00 for a two (2) year permit and a $0.25 per trip fee to the City of Newark to operate their dockless vehicles in the City’s right-of-ways, in accordance with the Dockless Vehicle Provider Share System Program Rules and Regulations.