Title
Dept/ Agency: Administration/Office of Management and Budget
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: EUS Contract
Purpose: Utility and telecommunications cost management services (public street lighting, traffic signals, electric, gas and telephones)
Entity Name: George A. Koteen Associates, Inc.
Entity Address: 290 Queen Anne Road, Teaneck, NJ 07666
Contract Amount: See below
Funding Source: No municipal funds required
Contract Period: July 8, 2009 through July 7, 2010, with an option to renew and/or extend the contract for an additional one (1) year.
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. (X) EUS
(X) Fair & Open ( ) Non-Fair & Open ( ) RFP (X) RFQ ( ) Private Sale
( ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
1. 50% of the funding obtained by the City of Newark in the form of credits and/or refunds on a one-time basis from the utility and/or telecommunication companies.
2. 50% of all savings obtained by the City of Newark for the period of thirty-six (36) months from the date of each savings appears and is initiated on an invoice from the utility and/or telecommunication companies.