Dept/ Agency: Engineering Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract Purpose: Road Marks - Striping Entity Name: Statewide Striping Corporation Entity Address: 499 Pomeroy Road, Parsippany, New Jersey 07054 Contract Amount: $213,000.00 Funding Source: City of Newark/Capital Fund Contract Period: 365 consecutive calendar days from the issuance of a formal 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: Three (3) Bids Received: Two (2) Bids Rejected: N/A Bids Re-Solicited: N/A Bids Received: N/A Partial Certification of Funds in the amount of $100,000.00