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RFP for Financial Advisor Services 2025

ID: 25-002 • State: New Jersey
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Description

RFP for Financial Advisor Services 2025
Background
The City of Clifton, through its Department of Purchasing, is seeking proposals for Financial Advisor services for the calendar year 2025. This request is made in accordance with N.J.S.A. 19:44A-20.4 et seq., which allows for a Non-Fair and Open Proposal process. The goal of this contract is to provide financial advisory services that will assist the City in managing its financial operations effectively.

Work Details
The selected Financial Advisor will be responsible for a range of services including:

- Providing advice to ensure successful financing.
- Reviewing the existing debt structure and assisting in developing a debt financing plan.
- Developing a detailed financing timetable.
- Coordinating the financing team.
- Assisting in and/or reviewing preliminary and final official statements.
- Presenting to bond rating agencies.
- Monitoring market conditions and providing analyses regarding timing, comparable sales, and structure of debt issues.
- Providing updated debt service schedules.
- Creating summary reports of debt issuances.
- Offering ongoing advice to management regarding financial and budgetary matters.

Period of Performance
The contract period will commence on January 1, 2025, and conclude on December 31, 2025.

Place of Performance
The services will be performed within the City of Clifton, New Jersey.

Overview

Opportunity ID
25-002
Response Deadline
Oct. 26, 2024 Past Due
Date Posted
Sept. 25, 2024
Est. Value Range
Experimental
$50,000 - $200,000 (AI estimate)
Agency Distribution
Low
Source
On 9/25/24 City of Clifton in New Jersey issued RFP for Financial Advisor Services 2025 with ID 25-002 due 10/25/24.

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Documents

Posted documents for RFP for Financial Advisor Services 2025

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