Installation of Pavement Markings (Striping) Amending Funding Source

Title Dept/ Agency: Engineering Action: ( ) Ratifying (X) Authorizing ( X ) Amending Type of Service: Amend Resolution Purpose: To amend the funding source and budget for the installation of pavement markings on various streets Entity Name: Dan Swayze & Son Incorporated Entity Address: 2351 Waldheim Avenue, Scotch Plains, New Jersey 07076 Contract Amount: Not to exceed $298,708.00 Funding Source: 2025 Budget/Department of Engineering/NW011-116-1167-71980-B2025 Contract Period: 365 consecutive calendar days from the date of the issuance of a formal Notice to Proceed, September 16, 2025 Contract Basis: ( X ) Bid ( ) State Vendor ( ) Prof. Ser. (X) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Original Resolution 7R3-a adopted on August 7, 2024 awarded a contract not to exceed $298,708.00. The original funding source was cancelled/removed. Resolution #7R3-a adopted August 7, 2024 Installation of Pavement Markings on Various Streets in the City of Newark, New Jersey This Resolution will update the funding source. Fund Department Division Account# Budget Yr. NW011 116 1167 71980 B2025 Certification of Funds for the replacement account is attached. body WHEREAS, on August 7, 2024, the Municipal Council adopted Resolution 7R3-a, which authorized the Mayor and/or his designee, the Acting Director of the Department of Engineering, to enter into and execute Contract #2024-01R with Dan Swayze & Son Incorporated, 2351 Waldheim Avenue, Scotch Plains, New Jersey 07076, to provide the Installation of Pavement Markings (Striping) on Various Streets, for the total bid amount of Two Hundred Ninety-Eight Thousand Seven Hundred Eight Dollars and Zero Cents ($298,708.00); and WHEREAS, the original funding source, NW011-110-1107-A-71980 B2024, was cancelled/removed; and WHEREAS, the Acting Director of the Department of Engineering ("Acting Director") desires to amend the original resolution to update the funding source (2025 Budget/Department of Engineering/NW011-116-1167-71980-B2025) for the pavement markings contract to fulfill the associated billing and/or any outstanding invoices to complete Contract #2024-01R. NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT: 1. Paragraph 2 of Resolution 7R3-a 08/07/2024 ("Resolution") is hereby amended to replace the funding source for Contract No. 2024-01R with the following: Fund Department Division Account# Budget Yr. NW011 116 1167 71980 B2025 All other provisions of said Resolution, including the Contract Amount shall remain the same. 2. Attached hereto is a Certification of Funds from the Director of Finance of the City of Newark which states that there are available sufficient, legally appropriated funds in the replacement account for the purposes stated herein. 3. The terms and conditions of the Contract #2024-01R, Installation of Pavement Markings (Striping) on Various Streets Project, shall remain unchanged. STATEMENT This Resolution amends Resolution 7R3-a adopted August 7, 2024, which authorized Contract No. 2024-01R, Installation of Pavement Markings on Various Streets in the City of Newark, New Jersey, for the total bid amount of Two Hundred Ninety-Eight Thousand Seven Hundred Eight Dollars and Zero Cents ($298,708.00) to provided a new funding source. The initial funding source has been cancelled/removed.