This agreement is a fixed‑price/fee contract between Barnegat Township (NJ) and Gluckwalth LLP for comprehensive municipal bond‑counsel services. Gluckwalth LLP will prepare and review bond ordinances, draft resolutions, coordinate bond‑sale documentation, attend bond sales, provide regulatory advice (federal arbitrage, SEC Rule 15c2‑12), and deliver post‑issuance tax‑compliance procedures. Fees are structured as a $3,500 base plus $1 per $1,000 of bonds issued, $400‑$600 per ordinance, and hourly rates ranging from $80 to $275 for additional work. The contract runs for one year from the (unspecified) effective date and contains extensive non‑discrimination and affirmative‑action reporting obligations. No competitive bidding, award, or renewal language is present, indicating a sole‑source, single‑award arrangement.
• Scope covers full lifecycle of municipal bond issuance (ordinance, sale, closing, post‑issuance compliance).
• Fee schedule combines flat fees, per‑bond fees, and hourly rates, with a $12,500 fee for refunding‑bond escrow services.
• Vendor must comply with NJ non‑discrimination statutes and report to the township’s Affirmative Action Office.