Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract Purpose: Construction of Riverfront Park Expansion - Phase C Entity Name: Tomco Construction, Inc. Entity Address: 22 Howard Boulevard, Suite 204, Mount Arlington, New Jersey 07856 Contract Amount: Not to exceed $8,154,999.00 Funding Source: ( ) $ PSF ( ) Negotiated ( ) N/A ( ) Other: Contract Period: Construction Start: Work shall commence no later than fourteen (14) calendar days after the City issues an Issuance of Award/ Notice to Proceed; Substantial Completion: By November 16, 2018; Final Completion: On or before December 16, 2018 with an option to mutually extend the performance period in writing. Contract Basis: (X) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a (Address/Block/Lot/Ward) Riverfront Park - Phase C Additional Information: Bids solicited: Fifty-four (54) Bids received: Four (4)