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  5. ›RFP - Borough Bond Counsel - 2017

Borough of Atlantic Highlands·New Jersey

RFP - Borough Bond Counsel - 2017

Rolling / TBD close$30k – $100kRequest for Proposal
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Description

The Borough of Atlantic Highlands is seeking a qualified attorney to serve as its municipal bond counsel for the calendar year 2017. The counsel will provide comprehensive public‑finance legal services, including advice on bond issuances, preparation of bond ordinances, drafting of official statements, attendance at closings, and issuance of final legal opinions. The position is a one‑attorney role, requires at least eight years of municipal finance experience, a Red Book listing, and expertise with IRC § 103 and County Improvement Authorities. Proposals must be submitted in hard copy with supporting CDs by 11:00 a.m. on December 13, 2016, and will be opened publicly the same day. The award is anticipated at the January 1, 2017 reorganization meeting. • Minimum 8 years municipal finance experience and Red Book (Bond Buyer) listing required. • Compensation is proposal‑based (per‑transaction fees and hourly rates); no set budget disclosed. • Submission format: one hard‑copy original + 9 CDs, sealed envelope, delivered to the Borough Clerk’s Office.

Attached files

Contact

Adam Hubeny(Borough Administrator)

(732) 291-1444

Key dates

Opened
11/14/2016
Closes
Rolling / TBD
Projected award
1/1/2017
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Legal Services
NAICS
541110

Budget estimate

$30,000 – $100,000

No fixed compensation is disclosed; typical municipal bond counsel fees range from $5,000‑$15,000 per bond transaction plus hourly rates of $250‑$500 for advisory work. Assuming 3‑5 bond issuances in 2017 and additional advisory hours, total compensation could fall between $30,000 and $100,000. Factors influencing the range include the number and complexity of bond issues, hourly time spent on drafting and negotiations, and any additional tax‑code consulting required.

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