The contract is for Arbitrage Rebate Consulting Services provided by PFM Asset Management LLC to the Ocean County Board of Commissioners. The services are for a period of one year, from April 21, 2022, to April 20, 2023, with an estimated cost of $75,000. The contract was awarded after a public solicitation for Request for Qualifications and a review of the qualifications by the Ocean County Department of Finance. The services will be used in connection with the issuance of bonds and bond anticipation notes. Key aspects of the contract include:
• The contract is for a fixed term of one year
• The estimated cost of the contract is $75,000
• The services will be provided by PFM Asset Management LLC
• The contract was awarded after a public solicitation for Request for Qualifications
• The services will be used in connection with the issuance of bonds and bond anticipation notes