2022SFY_RFQ_ FINANCIAL ADVISOR (ends on May 7, 2021)

C ITY OF E LIZABETH C OUNTY OF U NION , N EW J ERSEY REQUEST FOR QUALIFICATIONS FINANCIAL ADVISOR Y SERVICES Contract Term 20 2 2 State Fiscal Year (Ending June 30, 20 2 2 ) SUBMISSION DEADLINE 11:00 A.M. MA Y 7 , 20 2 1 ADDRESS ALL QUALIFICATIONS ST ATEMENT PROPOSALS IN THE FORM REQUIRED IN THE SPECIFICATIONS AND ONE (1) ORIGINAL AND ( 3 ) COPIES MUST BE DELIVERED TO: ANTHONY M. ZENGARO CHIEF FINANCIAL OFFICER CITY OF ELIZABETH 50 WINFIELD SCOTT PLAZA ELIZABETH, NJ 07201 - 2 - GENERAL INFORMATION & SUMMARY ORGANIZATION REQUESTING QUALIFICATION STATEMENTS (PROPOSAL) CITY OF ELIZABETH 50 WINFIELD SCOTT PLAZA ELIZABETH, NJ 07201 CONTACT PERSON ANTHONY M. ZENGARO CHIEF FINANCIAL OFFICER CITY OF ELIZABETH FINANCE DEPARTMENT 50 WINFIELD SCOTT PLAZA ELIZAB E TH , NEW JERSEY 07201 +1 (555) 000-0000 E-MAIL: contact@example.gov FAX +1 (555) 000-0000 PURPOSE OF REQUEST Th is document, entitled a Request for Qualifications for Financial Advisory Services, is is sued by the Finance Department of the City of Elizabeth. This Request for Qualifications (RFQ) is for the sole purpose of pre-qualifying prospective financial advisory firms based on Qualification Statements and experience achieved for the above categor y o f Financial Advisory Services. This RFQ does not constitute a bid and is intended solely to obtain qualifications from which the City of Elizabeth ( “ the City ” ) may choose a financial advisory service that best meets the City ’ s needs. It is the City ’ s i n te nt that no statutory, regulatory, or common law bidding requirement apply to this RFQ. The City intends to award contracts for Financial Advisory Services pursuant to N.J.S.A. 40A:11-5 (a)(i) and Chapter 19, P.L. 2004-N.J.S.A. 19:44A-20.5 et seq. One or mo re individuals/firms may be selected to provide services. Accordingly, this RFQ is being solicited through a fair and open process. PERIOD OF CONTRACT 20 2 2 State Fiscal Year (Ending June 30, 20 2 2 ) CONTRACT FORM The successful Firm shall be required to execute the City ’ s contract, which includes the indemnification, insurance, termination and licensing provisions. It is also agreed and understood that the acceptance of the final payment by Contractor shall be considered a release in full of all cla i ms against the City arising out of, or by reason of, the work done and materials furnished under this Contract. - 3 - DETAILED REQUIREMENTS OF THE REQUEST FOR QUALIFICATIONS FOR FINANCIAL ADVISORY SERVICES 1. CITY OF ELIZABETH-FACTS AND FIGURES – The City of E li zabeth is a legal, governmental entity. The City was incorporated in 1855 and operates under N.J.S.A 40:69A-1 et seq., “ the Optional Municipal Charter Law-Mayor-Council Plan. ” . The legislative authority and responsibilities of the City of Elizabeth is v es ted in the elected nine-member City Council. The executive power of the City is exercised by the Mayor who is responsible for enforcing the ordinances and general laws of the City. The City of Elizabeth is the fourth largest city in New Jersey. The C it y ’ s population is in excess of 12 5 ,000 and it consists of approximately 11.7 square miles of area. The City employs approximately 1,200 people. A regional center of labor, retail, manufacturing, and transportation, the City is also the County seat of Un i on County, attracting the corresponding concentration of government, legal and related professional services. The largest employment sectors in the City include commercial, health, transportation, construction, retail and light industry. The City ’ s oper a ti ng budget is approximately $ 2 5 0 million. It provides a variety of services consisting of police and fire protection, maintenance of City streets, water and sewer systems, health and human services, park and recreational facilities, cultural activities, an d refuse collection. 2. NATURE/ SCOPE OF SERVICES – The City of Elizabeth is requesting proposals from qualified individuals and firms to provide Financial Advisory Services. The City o