Dept/ Agency: Water and Sewer Utilities Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract Purpose: Pequannock Sludge Lagoon Remediation - Contract 06-WS2017 (Rebid) Entity Name: Spectraserv, Inc. Entity Address: 75 Jacobus Avenue, Kearny, New Jersey 07032 Total Contract Amount: Amount not to exceed $1,175,000.00 Funding Source: Department of Water and Sewer Utilities Capital Budget Contract Period: 730 calendar days from the date of the Notice to Proceed Contract Basis: (X) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS (X) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Initial Advertisement of Bids: Bid Packages Distributed in February 2017: Eleven (11) Bids Received in March 2017: One (1) Bids Rejected: One (1) Re-advertisement Bid Packages Distributed: Six (6) Bids Received: Two (2) Partial certification of funds in the amount of $200,000.00