File #: 15-2327    Version: 1 Name: Decotiis Bond Counsel 2016
Type: Resolution Status: Filed
File created: 12/7/2015 In control: Law
On agenda: 1/6/2016 Final action: 1/6/2016
Title: Dept/ Agency: Law Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Professional Services Contract Purpose: Bond Counsel Services Entity Name: Decotiis Fitzpatrick & Cole, LLP Entity Address: Glenpointe Centre West, 500 Frank W. Burr Boulevard, Suite 31, Teaneck, New Jersey 07666 Contract Amount: An amount not to exceed $188,500.00 Funding Source: 2016 City of Newark Budget, Law Department Contract Period: January 1, 2016 through December 31, 2016 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:
Sponsors: Council of the Whole
Title
Dept/ Agency: Law
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Professional Services Contract
Purpose: Bond Counsel Services
Entity Name: Decotiis Fitzpatrick & Cole, LLP
Entity Address: Glenpointe Centre West, 500 Frank W. Burr Boulevard, Suite 31, Teaneck, New Jersey 07666
Contract Amount: An amount not to exceed $188,500.00
Funding Source: 2016 City of Newark Budget, Law Department
Contract Period: January 1, 2016 through December 31, 2016
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:

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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, legal 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 on the City of Newark's website, a Notice of Request for Qualifications ("RFQ") for Bond Counsel Services on or about October 27, 2015; and

WHEREAS, the City of Newark received a total of one (1) proposal in response to the RFQ; and

WHEREAS, Decotiis, Fitzpatrick & Cole, LLP, 500 Frank W. Burr Blvd., Ste. 31, Teaneck, New Jersey, 07666, 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 Counsel Matters; and

WHEREAS, the Mayor and the Corporation Counsel wish to enter into a new contract with Decotiis Fitzpatrick & Cole, to provide legal services concerning Bond Matters, in an amount not to exceed One Hundred Eighty-Eight Th...

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