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: City of Newark Budget, Law Department
Contract Period: January 1, 2015 through December 31, 2015
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:
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WHEREAS, the City of Newark is involved in ongoing legal matters and has a need to acquire legal services for Bond matters; and
WHEREAS, on December 23, 2014, through Resolution 7R7-a(S), the Municipal Council authorized the Mayor and the Corporation Counsel to execute a contract with the law firm of Decotiis Fitzpatrick & Cole, LLP (Decotiis Fitzpatrick & Cole) Glenpointe Centre West, 500 Frank W. Burr Boulevard, Suite 31, Teaneck, New Jersey 07666, for legal services for Bond matters; and
WHEREAS, there was an error in the Request for Qualifications as to the compensation method for Bond Counsel contracts; and
WHEREAS, due to the error, it is necessary to rescind Resolution 7R7-a(S) adopted on December 23, 2014 and authorize a new contract; and
WHEREAS, Decotiis Fitzpatrick & Cole submitted a proposal to provide Bond Counsel legal services and it was found, to be in the best interest of the City of Newark to accept the proposal for the purpose of providing legal services concerning Bond Matters; and
WHEREAS, the Mayor and the Corporation Counsel wish to enter into a contract with Decotiis Fitzpatrick & Cole, to provide legal s...
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