Dept/ Agency: Administration/Division of Central Purchasing Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract(s) Purpose: To Lease Twelve (12) Street Sweepers, Single Engine Hydrostatic Pure Vacuum Description: Leasing of Street Sweeping Equipment Entity Name(s)/Address(s): Northeast Sweepers, 143 Valley Street, Belleville, New Jersey 07109 Contract Amount: $803,129.76 per year for a total of $4,015,648.80 for five (5) years. At the end of the five year lease agreement, the City will have the option to purchase the Street Sweepers for the amount of $1.00 per unit. Funding Source: City of Newark Budget/ Department of Neighborhood and Recreational Services, Account Code Line: NW011- 71950 Contract Period: To be established for a period not to exceed five years, pursuant to (N.J.S.A.40A:11-15(7)) Contract Basis: ( X ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Entity Name/Address: Additional Information: Bids solicited: Seven (7) Bids rejected: Seven (7) Re-advertised Bids solicited: Seven (7) Bids received: Two (2) Deferred 7R1-c 061516