Dept/ Agency: Engineering Action: ( X ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract Purpose: Third Party Elevator Inspections and Plan Review Services Entity Name: EIC Inspection Agency Corporation Entity Address: 3705/3707 Kennedy Boulevard, Jersey City, New Jersey 07307 Contract Amount: Ninety percent (90%) of the listed fee schedule as promulgated by the State of New Jersey, Uniform Construction Code, N.J.A.C. 5:23-12.6; plus forty percent (40%) of Third Party Vendor fees to cover administrative fees in accordance with City of Newark Ordinance 7:2-3.5 Funding Source: No Municipal Funds Contract Period: July 6, 2015 to July 5, 2016 (plus two (2) one (1) year options to extend) Contract Basis: ( ) Bid ( ) State Vendor ( X ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( X ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Bids Solicited: Two (2) Bids Received: One (1) Contract #02-2015 Third Party Elevator Inspections and Plan Review Services