Dept/ Agency: Economic and Housing Development Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Professional Services Contract Purpose: Environmental remediation oversight services Entity Name: Environmental Remediation and Finance Services Entity Address: 2150 Highway 35, Suite 250, Sea Girt, New Jersey 08750 Contract Amount: Amount not to exceed $108,000.00 Funding Source: Chemours, Alent and Penford Contract Period: February 1, 2016 through January 31, 2017 Contract Basis: ( ) Bid ( ) State Vendor (X) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: A contract to provide environmental remediation oversight services pursuant to a prior Settlement Agreement in an amount not to exceed $108,000.00 for the period of February 1, 2016 through January 31, 2017.