Title
Dept/ Agency: Office of the Mayor and Agencies
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Exception to Public Bidding - Agreement with a Governmental Entity
Purpose: Newark Math Success Initiative (MSI)
Entity Name: New Jersey Institute of Technology (NJIT)
Entity Address: University Heights, 323 Dr. Martin Luther King, Jr. Boulevard, Newark, New Jersey 07102
Contract Amount: $475,765.34
Funding Source(s): NJIT, Newark Board of Education, Community Fund of New Jersey and the City of Newark
Contract Period: July 6, 2021 through August 13, 2021
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a
Additional Information:
The total cost of the Newark Math Success Initiative (MSI) is $475,765.34.
New Jersey Institute of Technology (NJIT) will contribute $213,026.76.
Newark Board of Education will contribute $202,738.58.
The City of Newark will contribute $60,000.00.
The Summer Youth Employment Program (SYEP) will be funded through a gift from the Community Fund of New Jersey provided in the form of stipends to students participating in the Newark Math Success Initiative (MSI).
body
WHEREAS, pursuant to Resolution 7R1-a, adopted on February 6, 2019, the Municipal Council authorized the Mayor of the City of Newark and/or his designee, the Business Administrator, to enter into a Memorandum of Agreement ("MOU") with the New Jersey Institute of Technology ("NJIT") to formally strengthen and build capacity within the City of Newark (the "City") to enhance and deliver services to our local community; and
WHEREAS, the intent of the MOU is to foster collaboration between the City and NJIT on research and development in the fields of science, technology, engineering...
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