Dept/ Agency: Administration/Division of Central Purchasing Action: ( ) Ratifying (X ) Authorizing ( ) Amending Type of Service: Bid Contract(s) Purpose: Rental of Parking Spaces in a Lot or a Garage. Entity Name(s)/Address(s): J & L Parking Corporation, 9 Kensington Place, Roseland, New Jersey 07068 Contract Amount: $64,575.00 Funding Source: 2018 Budget/Office of the City Clerk/Municipal Council Account Codes: NW011-020-0201-7161-B2018 Contract Period: Not to exceed two (2) years 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: Advertisement Date: April 10, 2018 Bids Solicited: Four (4) Bids Received: One (1)