Economic Advisor Services
- Client
- New Jersey
- RFP Number
- EXTRA-75290
- Posted
- —
- Category
- Professional, Consulting, Administrative or Management Support Services
- Budget
- Looking for Proposal
- NAICS
- —
- Set-aside
- —
- Contact
- —
Description
AI GeneratedThe government authority in New Jersey requires an economic advisor to perform services offsite under a one-year contract. The buyer needs the vendor to conduct a real estate market analysis focusing on housing needs and submarket strength across the city. The vendor must develop a financial model to evaluate the feasibility of combining affordability requirements with incentives. Additionally, the vendor must analyze how to use development incentives to achieve affordable housing levels while evaluating their impact on development feasibility. The vendor will prepare a final anti-displacement report containing recommendations for an updated inclusionary zoning policy. The analysis may involve meetings with city officials, developers, lenders, state agencies, local experts, and residents. Eligibility is restricted to onshore USA organizations only. The buyer is looking for proposals to determine the budget. Bidders must submit all questions no later than September 10, 2026.
Key solicitation details
AI-extracted from Anti-Displacement-Economic-Advisor-Services-RFP-August-2026.pdf. Confirm against the original documents before bidding.
The Jersey City Redevelopment Agency is soliciting proposals from qualified individuals and firms to provide economic advisor services for an anti-displacement study. The study focuses on maximizing affordable housing units throughout Jersey City, evaluating inclusionary zoning policies, and analyzing development incentives. Eligibility is limited to onshore USA organizations.
- Issued by
- Jersey City Redevelopment Agency
- RFP Issued
- August 24, 2026
- Deadline to Submit Questions
- September 10, 2026, at 12:00 p.m. EST
- JCRA Response to Questions
- September 15, 2026, at 4:00 p.m. EST
- Proposal Submission Deadline
- October 6, 2026, at 12:00 p.m. EST
- Anticipated Date of Contract Award
- Within sixty (60) days of the Submission Date
- How to submit
- Email or hand delivery
- Submission details
- Submissions can be sent via email to Project Representative Jesamil Lozano ([email protected]) with a copy to General Counsel Shoshana Schiff ([email protected]), or hand-delivered Monday-Thursday between 10:00 a.m. and 4:00 p.m. (no later than 12:00 p.m. on the submission date) in an opaque, sealed envelope clearly marked RFP: ECONOMIC ADVISOR SERVICES to 4 Jackson Square, Jersey City, NJ 07305.
- Contract term
- One (1) year base period with options to extend for up to four (4) additional periods of one (1) year each, for a total term not to exceed five (5) years.
- Place of performance
- Jersey City, New Jersey / Offsite
- Insurance and bonding
- Commercial General Liability of at least $2,000,000.00 per occurrence and general aggregate; Professional Liability Insurance of not less than $1,000,000.00; Workers' Compensation Insurance as statutorily required in NJ or Employer's Liability Insurance; Automobile Liability Coverage.
How proposals are evaluated
| General Experience of the Respondent as Applicable to the Services | |
| Fee Structure |
Scope of work
- Conduct a real estate market analysis focusing on housing needs and market strength across the city recognizing differences in submarkets
- Evaluate City, County, State and Federal development incentives and analyze how to use them to achieve specified levels of affordable housing
- Develop a financial model to evaluate the feasibility of combinations of affordability requirements and incentives
- Prepare an anti-displacement final report containing recommendations for an updated inclusionary zoning policy
- Coordinate with the JCRA and the City in preparing public documents and provide meetings when required
Minimum qualifications
- Possess the professional, financial and administrative capabilities to provide the Services
- All Services performed by licensed individuals, where applicable
- Compliance with N.J.S.A. 10:5-31 et seq. and N.J.A.C. 17:27-1.1 et seq.
- Compliance with New Jersey Campaign Contributions and Expenditure Reporting Act, N.J.S.A. 19:44A-1, et seq.
Documents to include with the bid
- Respondent Checklist
- Proposal Form (Form A-1)
- Ownership Disclosure Statement (Form A-2)
- Non-Collusion Affidavit (Form A-3)
- Acknowledgment of Receipt of Addenda (Form A-4)
- Prohibited Russia-Belarus & Iran Investment Activities (Form A-5)
- Mandatory Equal Employment Opportunity Language (Form A-6)
- Americans with Disabilities Act (Form A-7)
- M/WBE Questionnaire (Form A-9)
- Form AA302 Employee Information Report (Form A-10)
Verify important details
Document checkConfirm submission instructions and amendments with the issuing agency before responding.
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