Dept/ Agency: Engineering Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract Purpose: Installation of Pavement Markings on Various Streets Entity Name: Statewide Striping Corporation Entity Address: 499 Pomeroy Road, Parsippany, New Jersey 07054 Contract Amount: Amount not to exceed $150,225.00 Funding Source: 2016 Budget/ Department of Engineering Contract Period: 365 consecutive calendar days from the issuance of a “Notice to Proceed” by the Director of the Department of Engineering 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: Four (4) Bids Received: Four (4) Bids Rejected: One (1)