About this opportunity
AI summaryThe Township of Old Bridge seeks a qualified financial advisor consultant to support its capital financing and debt management operations. The designated consultant will evaluate existing capital financing plans, identify debt refinancing and restructuring opportunities, recommend bond sale timing and methods, design debt structures, and assist with rating agency presentations and offering documents. Additional responsibilities include providing arbitrage compliance advice and developing capital financing plans for equipment and other assets. Only United States onshore organizations are eligible to apply. Applicants may submit their proposals digitally via email or online, including required items such as an executive summary, staffing plan, experience descriptions, references, and mandatory certifications. The contract term spans one year, starting on January 1, 2027, and ending on December 31, 2027.
Buyer and opportunity details
- Client
- TOWNSHIP OF OLD BRIDGE
- Solicitation No.
- 2027-34PS
Scope of work
- Review and evaluate existing capital financing plans and borrowing strategies
- Assist in reviewing refinancing and debt restructuring opportunities
- Advise on methods of debt sales and recommend timing of bond sales
- Coordinate tasks leading up to bond sales, including preparing offering statements
- Design or actively participate in designing debt structure
- Provide advice on rating approaches and assist with rating presentations
- Assist in preparing and reviewing documents, including preliminary and final official statements
- Conduct pre-marketing of issues, evaluate bids, and review pricing and allocations
Minimum qualifications
- Must be registered with the Securities and Exchange Commission (SEC)
- Must be aware that MSRB Rule G-23 prohibits broker-dealer firms providing advice from underwriting the same issues
- Must have minimum of 10 years' experience as Principal or Director with municipal market knowledge, expertise, and issuer staff experience
Documents to include with your response
- Executive Summary
- Staffing Plan
- Experience description and documentation
- Locations and Contact Information
- References
- Identification of Conflicts of Interest
- Business Registration Certificate
- Non-Collusion Affidavit (Exhibit C-1)
- Statement of Ownership (Exhibit C-2)
- Affirmative Action Certification (Exhibit C-3)
Key dates
- Proposals due
- Thursday, December 3, 2026, anytime prior to 10:45 a.m.
- Proposal opening
- Thursday, December 3, 2026, at 11:00 a.m. prevailing time
- Contract start
- January 1, 2027
How to submit
- Method
- Sealed hard copy delivered by public or private mailing, or hand delivered
- Instructions
- Submit one original, one copy, and a CD/Flash drive in a sealed envelope to the Township Clerk, Township of Old Bridge, One Old Bridge Plaza, Old Bridge, NJ 08857, with required contract name and number notations.
Contract details
- Term
- January 1, 2027 to December 31, 2027
- Place of performance
- Old Bridge, NJ
- Insurance and bonding
- Commercial General Liability written on an occurrence basis not less than $1,000,000, naming the municipality as additional insured; Workers' Compensation in accordance with NJ laws; Employers Liability Insurance; and bonding.