Overview
About TTFA
Members
Meetings
Legislation
Business Partners
Financial Advisors
Underwriters
Trustees
Bond Counsel
Printing Services
External Auditor
Frequently Asked
Questions
Financing Process
Flow of Funds
Appropriation Revenues
Bonds
Audited Financial Statements
Future Financing
Next Bond Sale
Annual Financial Plan
Long-Term Financing Capacity
GARVEE Bonds
NJDOT/NJ TRANSIT
Capital Program
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Financial Advisors
Executive Order #26 issued by Governor Christine Todd Whitman in 1994 specifies that any issuer are secured by appropriations from the State's General Fund must follow a public Request for Proposals competitive process for the selection of a financial advisor, unless certain specific criteria are met. The Treasurer and the Issuer select the financial advisor after reviewing RFP responses with references to the criteria listed in Executive Order #26.
The Executive Order does allow for the establishment of prequalified “pools” of financial advisors that can be selected for two or more sales without separate proposals if the transactions are part of a larger bonding program of similarly secured financings.
Financial advisors interested in responding to future RFP solicitations should contact the Office of Public Finance, NJ Department of Treasury, as follows:
Director, Office of Public Finance
New Jersey Department of Treasury
PO Box 005
Trenton, NJ 08625-0005
609.984.8339 |
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