Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Professional Services Contract
Purpose: Real Estate Valuation Services
Entity Name: ARD Appraisal Company
Entity Address: 36 Brant Avenue, Clark, New Jersey 07066
Contract Amount: $100,000.00
Funding Source:
Contract Period: One (1) year from the date a formal Notice to Proceed is issued by the Department of Economic and Housing Development.
Contract Basis: ( ) Bid ( ) State Vendor ( X ) Prof. Ser. ( ) EUS
( X ) Fair & Open ( ) No Reportable Contributions ( X ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
Cost of contract shall not exceed $100,000.00.
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WHEREAS, the City of Newark has a need to acquire Real Estate Valuation Services as a fair and open contract pursuant to the provisions of N.J.S.A. 19:44A-20.5 for the purpose of valuating numerous properties on the City’s abandoned property list, in compliance with the standards set forth in N.J.S.A.55:19-102; and
WHEREAS, the performance of these services require knowledge of an advanced type in a field of learning pursuant to N.J.S.A. 40A: 11-2(6); and
WHEREAS, on September 27, 2011, the City of Newark, Department of Economic and Housing Development publicly advertised for the receipt of Request for Proposals (RFP) for said Real Estate Valuation Services; and
WHEREAS, on October 5, 2011, three (3) firms responded by submitting Request for Proposal packages in accordance with Local Unit Pay-to-Play Law, N.J.S.A. 19:44A-20.5 et seq.; and the Local Public Contracts Law, N.J.S.A. 40A:11-5 (1) (a)(i) et seq.; and
WHEREAS, based on the review and the recommendation by the selection committee, composed of personnel from the Department of Economic and Housing Development, the Deputy Mayor/Director of the Department of Economic and Housing De...
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