Dept/ Agency: Engineering Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract Purpose: To provide Traffic Signal Optimization/Adaptive Signals along McCarter Highway (Route 21). Entity Name: Orchard Holdings, LLC Entity Address: 1913 Atlantic Avenue, Suite 193, Manasquan, New Jersey 08736 Contract Amount: $1,492,987.00 Funding Source: Federal CMAQ Grant and 20% Local Matching Funds Contract Period: 365 calendar days from the Issuance of a Notice to Proceed 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: Bids Solicited: July 12, 2017, July 19, 2017, and July 26, 2017 Bids Received: Four (4) Bids received on August 15, 2017 Bids Rejected: Bids Re-Solicited: Bids Received: