Dept/ Agency: Engineering Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract Purpose: Renovation of Hayes Park East, Newark, New Jersey 07105 Entity Name: Arco Construction Group Entity Address: 22-24 South Seventh Street, Elizabeth, New Jersey 07202 Contract Amount: $7,511,000.00 Funding Source: City of Newark Budget/Engineering/Open-Ended Contract Period: Twelve (12) Months from the Notice to Proceed Contract Basis: (X) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( X ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Bids Solicited: 18 Bids Received: 5 Bids Rejected: 5 Bids Re-Solicited: 22 Bids Received: 8 Bids Rejected: 8 Bids Re-Solicited: 9 Bids Received: 5 Bids Rejected: 2 Contract #08-2012(RR)