Title
Dept/ Agency: Law
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Professional Services Contract
Purpose: Tax Appraisal Services
Entity Name: Hendricks Appraisal Company, LLC
Entity Address: Seven Hutton Avenue, West Orange, New Jersey 07052
Contract Amount: An amount not to exceed $120,000.00
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 ( X ) RFP ( ) 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 (including tax appeals) and therefore has a need to acquire legal and tax appraisal services; and
WHEREAS, the City of Newark issued a Request for Proposals for Tax Appraisal Services on or about September 30, 2013; and
WHEREAS, four (4) vendor packages were picked up for consideration for the Tax Appraisal Services; and
WHEREAS, the City of Newark received a total of one (1) proposal in response to its request; and
WHEREAS, Hendricks Appraisal Company, LLC, with offices located at Seven Hutton Avenue, West Orange, New Jersey 07052, 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; and
WHEREAS, the City of Newark wishes to enter into a new contract with Hendricks Appraisal Company, LLC to provide tax appraisal services in an amount not to exceed One Hundred and Twenty Thousand Dollars ($120,000.00), for the period of January 1, 2014 to December 31, 2014 which shall cover those existing matters currently being handled by Hendricks Appraisal, LLC as ...
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