Dept/ Agency: Engineering Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract Purpose: Installation of Traffic Signals Entity Name: FAI-GON Electric Inc. Entity Address: 140 11th Street, , Piscataway, New Jersey 08854 Contract Amount: $673,998.35 Funding Source: New Jersey Department of Transportation Grant Funding and City of Newark Capital Budget Contract Period: 365 consecutive calendar days from the date of issuance of a formal Notice to Proceed Contract Basis: (X) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Contract No.09-2011(R), Wilson Avenue Intersection Improvements Bids Solicited: Bids Received: 3 Bids Withdrawn: 1 Bids Rejected: 2 Bids Re-Solicited: Bids Received: 4