Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying () Authorizing ( ) Amending Type of Service: Professional Services Contract Purpose: Accounting Auditing Services Entity Name: McGladrey, LLP Entity Address: 1185 6TH Avenue, 6th Floor, New York, NY 10036 Contract Amount: Not to exceed $200,000.00 Funding Source: __________________ Contract Period: 12 months from the notice to proceed by the Director 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: This resolution is to report the status to the Municipal Council of the procurement of the contract for a firm to conduct an audit of the Port Authority of New York and New Jersey’s gross revenue calculations under the Port Authority of New York and New Jersey Seaport and Airport Lease Agreements. Six (6) Firms responded to RFQ Three (3) firms were interviewed July 28, 2015