Dept/ Agency: Economic & Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Professional Services Contract Purpose: Real Estate Valuation Services Entity Name: ARD Appraisal Company Entity Address: 36 Brant Avenue, Clark, New Jersey 07066 Contract Amount: $100,000.00 Funding Source: Contract Period: One (1) year from the date a formal Notice to Proceed is issued by the Department of Economic and Housing Development. Contract Basis: ( ) Bid ( ) State Vendor ( X ) Prof. Ser. ( ) EUS ( X ) Fair & Open ( ) No Reportable Contributions ( X ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Cost of contract shall not exceed $100,000.00.