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  5. ›BC-RFPQ-23-003 - Bergen County Various Financial…

Awarded contract·County of Bergen·New Jersey

BC-RFPQ-23-003 - Bergen County Various Financial Professional Services for the 2023 Calendar Year

Won by Acacia Financial Group, Inc. +4 more$250kMultiple Award
Contract source

Awarded vendors

  • Acacia Financial Group, Inc.
  • NW Financial Group, LLC
  • Phoenix Advisors, LLC
  • Pino Consulting Group Inc.
  • Wielkotz Company LLC

Description

The County of Bergen has awarded a contract for Financial and Auditing Professional Services for the 2023 Calendar Year to five vendors: Acacia Financial Group, Inc., NW Financial Group, LLC, Phoenix Advisors, LLC, Pino Consulting Group Inc., and Wielkotz Company LLC. The contract was awarded through a fair and open process under the New Jersey Unit Pay-To-Play Law. The scope of work includes providing financial and auditing services to the County. Key points to consider are: * The contract was awarded to five vendors, indicating a potential for multiple providers to offer similar services. * The contract term is for one year, from January 1, 2023, to December 31, 2023. * The contract value is not explicitly stated, but the fact that five vendors were awarded the contract suggests a potentially significant budget allocation. * The contract was initiated by the Division of Purchasing, and the award was made by the County Executive or his designee. • The contract is subject to the New Jersey Unit Pay-To-Play Law, which may impact the selection of vendors and the award process. • The contract includes a provision for the County Executive or his designee to execute documents and issue purchase orders as necessary. • The contract is for a specific scope of work, including financial and auditing services, and may not be transferable to other areas of the County's operations.

Attached files

Key dates

Starts
1/1/2023
Ends
12/31/2023
Duration
365 days

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
541210
Solicitation №
137733

Contract value

$250,000

The contract value is not explicitly stated, but based on the fact that five vendors were awarded the contract and the scope of work includes financial and auditing services, it is likely that the contract value is significant. A rough estimate of the contract value could be in the range of $100,000 to $500,000 per year, depending on the specific services provided and the number of hours worked. However, without more information, it is difficult to provide a more accurate estimate. Factors that may influence the contract value include the complexity of the financial and auditing services required, the level of expertise of the vendors, and the number of hours worked.

AI estimate from the award documents

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