Title
Dept/ Agency: Law
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Professional Services Contract
Purpose: Bond Counsel Services
Entity Name: Gluck Walrath, LLP
Entity Address: 428 River View Plaza, Trenton, New Jersey 08611
Contract Amount: An amount not to exceed $250,000.00
Funding Source: 2014 City of Newark Budget, Law Department
Contract Period: January 1, 2014 through December 31, 2014
Contract Basis: ( ) Bid ( ) State Vendor (X) Prof. Ser. ( ) EUS
( X ) Fair & Open ( X ) No Reportable Contributions ( ) RFP ( X ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
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WHEREAS, the City of Newark is involved in ongoing legal matters and therefore has a need to acquire legal services; and
WHEREAS, the City of Newark issued a Request for Qualifications for Bond Counsel Services on or about September 20, 2013; and
WHEREAS, five (5) vendor packages were picked up for consideration for the Bond Counsel contract; and
WHEREAS, the City of Newark received a total of two (2) proposals in response to its request; and
WHEREAS, Gluck Walrath, LLP, with offices located at 428 River View Plaza, Trenton, New Jersey 08611, 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 legal services concerning Bond Matters; and
WHEREAS, the City of Newark wishes to enter into a new contract with Gluck Walrath, LLP, to provide legal services concerning Bond Matters in an amount not to exceed Two Hundred and Fifty Thousand Dollars ($250,000.00), for the period of January 1, 2014 to December 31, 2014, which shall cover those matters that may arise during the contract term; and
WHEREAS, the Local Public Contracts Law (N.J.S.A. 40A:11-1 et seq.) ...
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