Title
Dept/ Agency: Economic & Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Professional Services Contract
Purpose: Building condition assessments and cost estimation service of proposed sale-leaseback (or similar transaction) of various City properties and the proposed sale or other monetization of parking assets and other potential transaction of a similar nature.
Entity Name & Entity Address: Mast Construction Services, Inc., 96 East Main Street, Little Falls, NJ 07424
Sub-Contractor: Class Green Capital Partners, LLC, 205 Lexington Avenue, 17th Floor, New York, NY 10016
Contract Amount: $500,000.00 ($300,000.00 for Mast and $200,000.00 for Class Green Capital Partners)
Funding Source: Information not provided
Contract Period: September 1, 2010 through August 31, 2011
Contract Basis: ( ) Bid ( ) State Vendor (X) Prof. Ser. ( ) EUS
( ) Fair & Open (X) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
Additional Information: Related Resolution: 7R3-h (as) 091510