Dept/ Agency: Administration/Division of Central Purchasing Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract(s) Purpose: Lubricating Oil and Grease Entity Name(s)/Address(s): 1. David Weber Oil Co., 601 Industrial Road, Carlstadt, New Jersey 07072 2. Craft Oil Corporation, 950 King Georges Road, Fords, New Jersey 08863 Contract Amount: $90,000.00 Funding Source: City of Newark Budget/Departments of Engineering, Neighborhood and Recreational Services and Water & 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 Additional Information: Bids solicited: Six (6) Bids received: Two (2)