Title
Dept/ Agency: Law
Action: ( X ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Professional Services Contract
Purpose: To provide tax appraisal services concerning Tax Appeal Matters
Entity Name: Hendricks Appraisal Company, LLC
Entity Address: 7 Hutton Avenue, West Orange, New Jersey 07052
Contract Amount: Not to exceed $156,000.00
Funding Source: 2025 Budget/ Finance Department - NW045, Fund 045 Department 18G, Div./Proj. 18B00, Account 94710, Ref: B2025 and/or 2025 Budget/Law Department - NW011, Fund 011 Department 040, Division 0401, Account 71280, Ref: B2025
Contract Period: January 1, 2025 through December 31, 2025
Contract Basis: ( ) Bid ( ) State Vendor (X) Prof. Ser. ( ) EUS
(X) Fair & Open ( ) No Reportable Contributions ( ) RFP (X) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
body
WHEREAS, the City of Newark is involved in ongoing Legal Matters and therefore has a need to acquire tax appraisal services in connection therewith; and
WHEREAS, tax appraisal services are Professional Services, exempt from the requirement for public bidding, pursuant to the Local Public Contracts Law, N.J.S.A. 40A:11-5(1)(a)(i); and
WHEREAS, the Corporation Counsel of the City of Newark caused to be published in the Star Ledger and on the City of Newark's website, a Notice of Request for Qualifications (RFQ) for Tax Appraisal Services on or about October 23, 2024; and
WHEREAS, the City of Newark received a total of three (3) proposals in response to the RFQ for Tax Appraisal; and
WHEREAS, Hendricks Appraisal Company, LLC submitted a proposal and it was found based upon price and other factors to be in the best interest of the City of Newark to accept the proposal for the purpose of providing tax appraisal services concerning Tax Appeal Matters; and
WHEREAS, the City of Newark wishes to enter into a contract wit...
Click here for full text