Dept/ Agency: Administration/Division of Central Purchasing Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Bid Contract Purpose: Fuel Oil, Heating #2 w/Repairs, Commercial and Residential Entity Name/Address: Naughton Energy Corporation, 1898 Route 940, P.O. Box 709, Pocono Pines, Pennsylvania 18350 Contract Amount: Not to exceed $125,000.00 Funding Source: City of Newark Budget/ Economic & Housing Development/ Open-Ended 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: N/A Bids Solicited: Seven (7) Bids Received: One (1)