Financial Advisor 2024

This agreement provides Barnegat Township with municipal advisory and continuing‑disclosure services for its outstanding municipal securities. Phoenix Advisors, LLC acts as the municipal advisor, handling SEC Rule 15c2‑12 filing obligations, monitoring debt‑service calendars, and delivering an annual disclosure summary. The contract runs for one year with a fixed base fee and additional per‑issue/event charges, and it automatically renews each year unless either party gives a 30‑day termination notice. • Core services: identification of filing requirements, preparation and filing on EMMA within 48 hours, deadline monitoring, event‑notice filing, annual reporting, and “Debt Caddie” payment reminders. • Financial terms: $1,600 annual base fee (covers up to three issues) plus $450 set‑up per issue (discounted to $200 if also acting as municipal advisor), $250 per event filing, and other modest per‑event fees; invoiced at year‑end. • Governance: Fixed‑price, single‑vendor, sole‑source award; governed by New Jersey law and MSRB/SEC regulations; automatic renewal unless 30‑day notice.