Dept/ Agency: Administration/Division of Central Purchasing Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract(s) Purpose: LED Traffic Signals Entity Name(s)/Address(s): General Traffic Equipment Corp., 259 Broadway, Newburgh, New York 12550 Contract Amount: Not to exceed $100,000.00 Funding Source: City of Newark Budget/Department of Engineering, Division of Traffic & Signals 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: Ten (10) Bids received: Four (4) Failed 7R1-m 032112