COMPETITIVE CONTRACTING: MUNICIPAL ADVISORY SERVICES

The City of Camden is soliciting proposals under RFP 26-16 for a qualified firm to serve as a municipal advisor. The selected advisor will provide strategic counsel on general and municipal financial markets to help the City achieve a top-tier financial position and favorable credit ratings. Key responsibilities include performing debt affordability analyses, recommending the size, structure, and timing of taxable and tax-exempt debt issuances, and assisting in the preparation of bond documents and Official Statements. The advisor will also act as a liaison with credit rating agencies and participate in meetings with auditors, bond counsel, and the New Jersey Local Finance Board. Proposals must be submitted electronically via the Bids&Tenders portal by October 9, 2026, at 11:00 AM. Evaluation will be based on technical expertise, management approach, record of satisfactory performance, and cost-effectiveness. Required submission documents include a completed RFP checklist, a statement of ownership, a non-collusion affidavit, and a New Jersey Business Registration Certificate. The contract is subject to various legal mandates, including the Municipal Rehabilitation and Economic Recovery Act and New Jersey Local Unit Pay to Play Legislation. Awarded firms must provide general and professional liability insurance and comply with EEO/Affirmative Action and Americans with Disabilities Act requirements. Pricing is to be proposed by the offeror via hourly rates for personnel and a schedule of anticipated disbursements.