Title
Dept/ Agency: Offices of Municipal Council/City Clerk
Action: ( ) Ratifying (X) Authorizing (X) Amending
Type of Service: Amend Resolution 7R8-a adopted on December 18, 2024, to increase the contract amount.
Purpose: To provide 2025 Statutory Auditor Services and the Single Audit, pursuant to N.J.S.A. 40A:5-4, for calendar year ending December 31, 2025, review of the 2025 Annual Debt Statement, the 2025 Annual Unaudited Financial Statement, and Advisory Services for the 2025 Municipal Budget and other related accounting services.
Entity Name: Samuel Klein and Company, LLP, CPA's
Entity Address: 550 Broad Street, 11th Floor, Newark, New Jersey 07102
Contract Amount: Not to exceed $729,625.00
Funding Source: 2025 Budget/ Office of the City Clerk (NW011-020-2021-71250) & Department of Public Safety (NW011-190-1902A-72250-B2025)
Contract Period: January 1, 2025 through December 31, 2025
Contract Basis: ( ) Bid ( ) State Vendor (X) Prof. Ser. ( ) EUS
( ) Fair & Open (X) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
Resolution 7R8-a adopted on December 18, 2024 awarded a contract in the amount not to exceed $529,625.00.
This Amending Resolution authorizes an amendment to the contract including the Department of Public Safety and increase the contract amount by $200,000.00, for a new total contract amount not to exceed $729,625.00.
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WHEREAS, on December 18, 2024 pursuant to N.J.S.A. 40A:11-5(1)(a)(i) Resolution 7R8-a adopted on December 18, 2024 authorized the City Clerk on behalf of the Municipal Council to enter into a Professional Services Contract with Samuel Klein and Company, LLP, CPA's in the amount of $529,625.00 to provide Statutory Auditor Services including the Single Audit and Other Related Accounting Services; and
WHEREAS, the Office of the City Clerk wishes to include the ...
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