Dept/ Agency: Administration/Division of Central Purchasing Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract(s) Purpose: Rental of Parking Spaces in a Lot or a Garage. Entity Name(s)/Address(s): J & L Parking Corporation 9 Kensington Place Roseland, New Jersey 07068 Contract Amount: Not to Exceed$26,640.00 Funding Source: City Of Newark Budget/ Office of the City Clerk Contract Period: To be established for one (1) year 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: Number of Bids solicited Seven (7) Number of Bids Received Two (2)