Dept/ Agency: Administration/Division of Central Purchasing Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract(s) Purpose: Fuel Oil #2 Heating W/Repairs, Residential & Commercial Properties Entity Name(s)/Address(s): Naughton Energy Corp., 1898 Route 940, Box 709, Pocono Pines, Pennsylvania 18350 Contract Amount: Not to exceed $500,000.00 Funding Source: City of Newark Budget/Departments of Economic and Housing Development and Water and Sewer Utilities Contract Period: To be established for a period not to exceed two (2) years 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: (List vendors here - only if list is long Additional Information: Bids solicited: Eight (8) Bids received: One (1)