Dept/ Agency: Finance Action: (X) Ratifying (X) Authorizing ( X ) Amending Type of Service: Professional Service Contract Purpose: Resolution Authorizing Amendment to Contract to Increase Funds for Budget Advisory Services in the City of Newark Entity Name: Bowman and Company, LLP Entity Address: 601 White Horse Road, Voorhees, New Jersey 08043 Original Contract Amount: $98,936.00 Additional Amount: $178,682.00 Total Contract Amount: Amount not to exceed $277,618.00 Funding Source: Finance Department 2014 and 2015 Budget Contract Period: March 31, 2014 to March 30, 2015 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: Increase contract funds in the amount of $178,682.00, from $98,936.00 for a new total of $277,618.00. $98,936.00 has already been certified from the 2014 budget. Additional Funds of $178,682.00 are certified from the 2015 Budget.