Title
Dept/ Agency: Administration/Division of Central Purchasing
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Refund
Purpose: Refund/Release of bid guarantee
Entity Name: Lisbon Services, Inc.
Entity Address: 350 Adams Street, Newark, New Jersey 07105
Amount: $20,000.00
Funding Source: 2020 Budget/Department of Administration/Division of Central Purchasing/NW026-4617-B2020
Contract Period: N/A
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( X ) n/a
Additional Information:
Certification of Funds in the amount of $20,000.00
body
WHEREAS, Lisbon Services, Inc., 350 Adams Street, Newark, New Jersey 07105, submitted a certified check to the Division of Central Purchasing dated April 27, 2016, as a bid guarantee for the Janitorial Services Maintenance Part A and Part B; and
WHEREAS, Lisbon Services, Inc., 350 Adams Street, Newark, New Jersey 07105, submitted a certified check in the amount of Twenty Thousand Dollars and Zero Cents ($20,000.00) as per the attached; and
WHEREAS, the bid for Janitorial Services Maintenance Part A and Part B was cancelled. Therefore, the guarantee furnished with the bid should be refunded; and
WHEREAS, it is the determination of the Purchasing Agent, QPA, that the certified check submitted by Lisbon Services, Inc. is voidable and a refund in the amount of Twenty Thousand Dollars and Zero Cents ($20,000.00), dated April 27, 2016 may be issued.
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. The Director of Finance is hereby authorized to issue a refund check in the amount of Twenty Thousand Dollars and Zero Cents ($20,000.00) to Lisbon Services, Inc., 350 Adams Street, Newark, New Jersey 07105.
2. The Department of Administration, Division of Central Purchasing, is hereby authorized to make appropriate entries to reflect the refund made.
3. Attached is a Certification of Funds from the Director of Finance, which states: (1) that there are sufficient funds in the amount of Twenty Thousand Dollars and Zero Cents ($20,000.00) for the purpose set forth herein above and (2) that the line appropriation which shall be charged is as follows: NW026-4617-B2020
4. A fully executed copy of this resolution shall be filed in the Office of the City Clerk by the Purchasing Agent, QPA.
STATEMENT
This resolution hereby authorizes the Director of Finance to issue a refund check made payable to Lisbon Services, Inc., 350 Adams Street, Newark, New Jersey 07105, in the amount of Twenty Thousand Dollars and Zero Cents ($20,000.00).