This agreement engages Artheon, Inc. to serve as the Affordable Housing Administrative Agent for the Township of Barnegat for the calendar year 2026. The agent will provide regulatory review, plan‑review, permit assistance, inspection oversight, and representation in judicial or quasi‑judicial proceedings, as well as prepare feasibility studies, financing schedules, and other reports as requested. Compensation is based on hourly billing rates (ranging from $105 /hr to $219 /hr) plus a 10 % markup on subcontracted services and reimbursement of approved direct costs. The municipality must give at least 48 hours notice before the agent is required to attend meetings, and invoices are payable within 30 days of receipt. The vendor must maintain $2 M general liability, $5 M automotive, and $5 M professional liability insurance. No competitive bidding was used; the contract was awarded by municipal resolution.
• Scope: statutory compliance, plan review, permit support, report writing, and representation for affordable‑housing projects.
• Payment: time‑and‑materials with hourly rates and reimbursable expenses; 30‑day payment terms, 1.5 % monthly finance charge on late invoices.
• Term: 1 Jan 2026 – 31 Dec 2026, with a 14‑day termination notice provision but no automatic renewal.