Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Professional Services Contract Purpose: To provide real estate appraisal services Entity Name: ARD Appraisal Company Entity Address: 36 Brant Avenue, Clark, New Jersey 07066 Contract Amount: Not to exceed $75,000.00 Funding Source: 2018 Budget/Department of Economic and Housing Development Contract Period:One (1) year from issuance of a Notice to Proceed Contract Basis: ( ) Bid ( ) State Vendor (X) Prof. Ser. ( ) EUS (X) Fair & Open ( ) No Reportable Contributions ( ) RFP (X) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Two (2) proposals received