Dept/ Agency: Administration/Division of Central Purchasing Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract(s) Purpose: Hardware: Tools, Equipment and Supplies Entity Name(s)/Address(s): Colonial Hardware Corporation, 33 Commerce Street, Springfield, New Jersey, 07081 and Superior Distributors, Co., Inc., 4 Midland Avenue, Elmwood Park, New Jersey, 07407 Contract Amount: Not to exceed $492,000.00 Funding Source: City of Newark Budget/Departments of Engineering, Fire, Neighborhood and Recreational Services and Water and Sewer Utilities Contract Period: To be established for a period not to exceed two years Contract Basis: (X) Bid ( ) State Vendor ( ) Prof. Service ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) N/A Entity Name/Address: Additional Information: Bids solicited: Six (6) Bids received: Two (2)