Overview
About TTFA
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Financial Advisors
Underwriters
Trustees
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External Auditor
Frequently Asked
Questions
Financing Process
Flow of Funds
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Future Financing
Next Bond Sale
Annual Financial Plan
Long-Term Financing Capacity
GARVEE Bonds
NJDOT/NJ TRANSIT
Capital Program
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Underwriters
Executive Order #26 issued by Governor Christine Todd Whitman in 1994 specifies that any issuer whose bonds are secured by appropriations from the State’s General Fund must follow a public Request for Proposals/Qualifications (RFP) competitive process for the selection of managers and co-managers on any sale, unless certain specific criteria are met. The Treasurer and the Issuer select the manager and co-manager after reviewing RFP responses with reference to the criteria listed in Executive Order #26. The Executive Order does allow for the establishment of prequalified “pools” of underwriting firms 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.
Underwriting
firms interested in responding to future RFP solicitations for
manager or co-manager of negotiated bond sales should contact
the Office of Public Finance, Department of the Treasury as follows:
Director, Office of Public Finance
New Jersey Department of Treasury
PO Box 005
Trenton, NJ 08625-0005
609.984.8229 |
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