File #: 20-0392    Version: 1 Name: Refund of Bid Bond for Lisbon Services, Inc
Type: Resolution Status: Adopted
File created: 3/5/2020 In control: Administration
On agenda: 5/6/2020 Final action: 5/6/2020
Title: Dept/ Agency: Administration/Division of Central Purchasing Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Refund Purpose: Refund/Release of bid guarantee Entity Name: Lisbon Services, Inc. Entity Address: 350 Adams Street, Newark, New Jersey 07105 Amount: $20,000.00 Funding Source: 2020 Budget/Department of Administration/Division of Central Purchasing/NW026-4617-B2020 Contract Period: N/A 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: Certification of Funds in the amount of $20,000.00
Sponsors: Council of the Whole
Title
Dept/ Agency: Administration/Division of Central Purchasing
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Refund
Purpose: Refund/Release of bid guarantee
Entity Name: Lisbon Services, Inc.
Entity Address: 350 Adams Street, Newark, New Jersey 07105
Amount: $20,000.00
Funding Source: 2020 Budget/Department of Administration/Division of Central Purchasing/NW026-4617-B2020
Contract Period: N/A
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:
Certification of Funds in the amount of $20,000.00
body

WHEREAS, Lisbon Services, Inc., 350 Adams Street, Newark, New Jersey 07105, submitted a certified check to the Division of Central Purchasing dated April 27, 2016, as a bid guarantee for the Janitorial Services Maintenance Part A and Part B; and

WHEREAS, Lisbon Services, Inc., 350 Adams Street, Newark, New Jersey 07105, submitted a certified check in the amount of Twenty Thousand Dollars and Zero Cents ($20,000.00) as per the attached[KR1]; and

WHEREAS, the bid for Janitorial Services Maintenance Part A and Part B was cancelled. Therefore, the guarantee furnished with the bid should be refunded; and

WHEREAS, it is the determination of the Purchasing Agent, QPA, that the certified check submitted by Lisbon Services, Inc. is voidable and a refund in the amount of Twenty Thousand Dollars and Zero Cents ($20,000.00), dated April 27, 2016 may be issued.

NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:

1. The Director of Finance is hereby authorized to issue a refund check in the amount of Twenty Thousand Dollars and Zero Cents ($20,000.00) to Lisbon Services, Inc., 350 Adams Street, Newark, New Jersey 07105.

2. The ...

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