1 NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY REQUEST FOR PROPOSALS FOR SERVICES AS AN INDEPENDENT REGISTERED MUNICIPAL ADVISOR May 31, 2016 Introduction The New Jersey Educational Facilities Authority (the Authority ) was created pursuant to Chapter 271 of the Public Laws of 1967, N.J.S.A. 18A:72A-1 et seq., as amended and supplemented (the "Act"), to provide a means for New Jersey public and private colleges and universities (the Institutions ) to construct facilities through the financial resources of a public authority empowered to sell tax-exempt and taxable bonds, notes and other obligations. The Authority also, from time to time, issues bonds for various purposes that are secured by a contract with the State Treasurer to pay principal of and interest on such bonds subject to appropriations being made, from time to time, by the New Jersey State Legislature. The Authority finances and refinances various types of educational facilities projects for the Institutions, including but not limited to, the acquisition and construction of residential, academic and auxiliary service facilities, renovation and rehabilitation of existing educational facilities and capital equipment and utilities-related projects. Since inception in 1966, the Authority has completed 493 transactions representing nearly $15 billion in financing value. Approximately $5.5 billion of that amount is currently outstanding. The obligations issued by the Authority are special and limited obligations of the Authority and are not a debt or liability of the State of New Jersey or of any political subdivision thereof other than the Authority, and are not a pledge of the faith and credit of the State of New Jersey or of any such political subdivision thereof. The Authority has no taxing power. The obligations issued by the Authority are payable solely from amounts received by
2 the Authority under the bond documents and amounts on deposit in certain funds established under the bond documents. Certain state-backed bond programs for higher education and public library facilities provide that debt service will be paid by the State Treasurer pursuant to a contract between the Authority and the Treasurer, subject to annual appropriation by the Legislature. The Authority wishes to engage the services of a Financial Advisor to serve as an Independent Registered Municipal Advisor pursuant to the IRMA exemption provided by Rule 15Ba1-1 (the Rule ) adopted by the U.S. Securities and Exchange Commission (the SEC ) from the registration requirements of Section 975 of the Dodd- Frank Wall Street Reform and Investor Protection Act ( Dodd-Frank ). The Financial Advisor selected will serve solely as an Independent Registered Municipal Advisor (IRMA) on a non-transactional basis and will serve in that capacity to provide advice as requested by the Authority, but will not be providing advice on specific transactions. Financial advisory services required for specific transactions shall be procured separately from our Financial Advisory Pool. The Financial Advisor selected as the Authority s IRMA may also be in our Financial Advisor Pool though may be deemed ineligible to provide financial advisory services on specific transactions in the discretion of the Authority. Any such determination may be based on a perceived or actual conflict of interest or on other bases deemed by the Authority in its best interests. Decisions as to the ability of the IRMA to serve as the Authority s Financial Advisor on a specific transaction shall be made by the Authority in its sole discretion. The firm selected by the Authority to serve as an Independent Registered Municipal Advisor is responsible for immediately notifying the Authority of any changes in ownership, organization and key personnel as well as any real or potential conflicts or the initiation of any governmental investigation or regulatory proceedings. PLEASE NOTE: Advice provided by the firm selected as Independent Registered Municipal Advisor will be made available to the Institutions served by the Authority. Independent Registered Financial Advisor Appointment In accordance with Executive Order No. 26 (Whitman)( EO 26 ), which took effect on January 1, 1995 and which supersedes Executive Orders No. 79 and 92, and Executive Order No. 37 (Corzine)( EO 37 ), which took effect on November 25, 2006, and the policies and procedures adopted by the Authority, this RFP is being distributed to firms to provide services as an Independent Registered Municipal Advisor for a twenty-four (24) month period with an additional successive twelve (12) month period at the discretion of the Executive Director of the Authority or any such officer designated acting or interim. The responses to this RFP will be reviewed by the Authority and recommendations for selection will be made to the Authority's Board. Selection criteria will include, but are not limited to, experience, expertise, capacity, financial stability and personnel dedicated to the contemplated transaction in accordance with EO 26 and EO 37.
3 The firm selected to serve as an Independent Registered Municipal Advisor will be expected to become familiar with the Authority's prior financings, its constituent institutions, and all relevant bond resolutions and other documents and materials. Scope of Services General IRMA responsibilities and duties include, but are not limited to, the following, if requested by the Authority: 1. Be available to provide advice with respect to any and all aspects of issuance by the Authority of municipal securities to finance and refinance educational facilities of the New Jersey colleges and universities served by the Authority within the meaning of the Rule (i.e. from pre-issuance planning to repayment of municipal securities). The Authority reserves the right to only forward to the selected firm those proposals received from market participants that in the view of the Authority merit serious consideration; 2. Be available to provide advice with respect to municipal financial products within the meaning of the Rule (i.e., municipal derivatives, guaranteed investment contracts and investment strategies. 15 U.S.C. 78o-4(e)(5)); 3. Attend Authority Board meetings and provide a market update report; 4. Monitor market conditions and advise the Authority of refunding/refinancing opportunities for its constituent institutions; 5. Review and evaluate proposals, analyses and various products and advise on potential use by the Authority (including refunding opportunities, investment products, derivative products, innovative structures, credit enhancement, etc.); 6. Review pending and new Federal and State legislation and advise the Authority on compliance with same and/or potential issues/opportunities; 7. Attend, testify, prepare, direct, and/or participate in presentations; 8. Assist professionals representing the Authority; 9. Advise the Authority on the current status of the Authority's bond issues, conditions in the market for similar issues by other New Jersey issuers and other issuers in similar fields; 10. Provide articles or other materials for the Authority s periodic newsletter, other publications or conferences;
4 11. For a competitively bid issue, verify all bids, coordinate with the electronic bidding platform utilized by the Authority, identify the winning bidder and prepare final debt service schedules; and, 12. For negotiated transactions, shadow the underwriter s financial analyses, provide relevant information for pre-pricing and pricing, and participate in pricing process including assisting the Authority and Institution in negotiating the underwriters discount and interest rates. Term The initial term of the contract with the IRMA shall be twenty-four (24) months, with the option to extend the contract for one twelve (12) month period in the sole discretion of the Authority. The Authority shall have the option to terminate the contract upon thirty (30) days written notice without cause. The Independent Registered Municipal Advisor shall have the option to resign upon any determination of ineligibility to act as Financial Advisor on a specific transaction. Response to Request for Proposals Each firm submitting a proposal must follow the instructions contained in this RFP in preparing and submitting its proposal. Proposals should be completed in the most concise manner possible and must contain all of the information requested in the order and format requested. All terms and conditions set forth in this RFP will be deemed to be incorporated by reference in their entirety into any response submitted by each firm. Please include the following in your proposal to the Authority (15 page limit): 1. Provide an executive summary of not more than one page identifying and substantiating the basis of your contention that you are the best qualified firm to provide the requested financial advisory services to the Authority and the Institutions on behalf of which the Authority s obligations are outstanding. As part of the Executive Summary, provide the name, title, business address, address, telephone number and fax number of the individual the Authority should contact regarding your proposal. 2. Provide an overview of your firm s history in the Financial Advisor profession. Briefly describe your firm s qualifications, knowledge and experience in serving as a financial advisor, both in general and specifically related to higher education on general matters as well as debt issuance. Include the total par amount and number of deals relating to higher education. Please discuss any experience your firm may have with challenged credits.
5 3. Describe the organization of your firm, its ownership structure and its state/country of incorporation or formation. Describe your firms physical presence in the State of New Jersey, including the number of offices, the number of employees and the type of business activity conducted in the State. Also, please describe the participation of women and minorities in your firm. Please indicate the percentage of your firm that is owned by women and minorities. 4. On the attached Chart A (Attachment A), provide a list of all New Jersey transactions on which your firm has served as Financial Advisor since January 1, On the attached Chart B (Attachment A), provide a list of all higher education transactions on which your firm has served as Financial Advisor since January 1, Please highlight all New Jersey higher education transactions. 6. Provide a staffing plan listing those persons who will be assigned to advise the Authority as defined in the scope of services listed above, including the designation of the person who would have the primary responsibility for the engagement. Include for each person the relevant resume information including, at a minimum, a description of the person s relevant professional experience and number of years with the firm. Also, for each individual, identify what role the individual will perform in connection with the engagement. 7. Please describe your approach to serving the Authority as its IRMA, including providing review and advice with respect to proprietary information and unsolicited proposals provided by investment banking firms and providing regular market updates to our Board. 8. Describe your firm's knowledge and experience with variable rate debt and derivative products. Include total notional amount and number of deals since Please specify the types and uses of variable rate debt and derivative products you have provided advice on for clients. 9. Discuss how the Authority can use real-time reporting of secondary market activity in the tax-exempt market to benefit its clients. Specifically, discuss how your firm currently uses such information and how your firm can help the Authority use this information to price new issues. 10. Discuss any innovative ideas for new financing programs or outstanding Authority debt that may be beneficial to the Authority s clients. 11. Please provide your fee proposal. The fee proposal should be based on a flat quarterly fee for all services provided in that quarter, up to twenty-five ( 25) professional hours per quarter, excluding reasonable and customary out-of-pocket expenditures, plus a blended hourly rate for professional services in excess of twenty-
6 five (25) professional hours per quarter. The Authority retains the option to bill non- IRMA services as requested on an hourly basis. Please provide your firm s hourly fee for non-irma services as a blended hourly rate for each professional to be charged on an hourly basis. 12. Provide proof of registration as a municipal advisor with the SEC and with the MSRB of your firm and of each person at your firm who will be directly responsible for serving the Authority on a day-to-day basis. 13. Please identify any market participant listed on Attachment B which may want to rely on the IRMA exemption which within the last two (2) years has been directly or indirectly controlling, controlled by, or under common control with your firm. For this purpose, control means the ability to direct management or policies, whether through ownership of securities, by contract or otherwise. See Securities and Exchange Commission Frequently Asked Questions dated May 16, Please identify any market participant listed on Attachment B which may wish to rely on the IRMA exemption which, within the last two (2) years, has employed or otherwise been associated with (i) any partner, officer, director, or branch manager of your firm (or any person occupying a similar status or performing similar functions); or (ii) any other employee of your firm who is engaged in the management, direction, supervision, or performance of any activities relating to the provision of advice with respect to municipal financial products or the issuance of municipal securities. 15. Please identify any market participant listed on Attachment B which may wish to rely on the IRMA exemption which employs any individual who, within the last two (2) years: (i) was a partner, officer, director, or branch manager of your firm (or any person occupying a similar status or performing similar functions), or (ii) was an employee of your firm who was engaged in the management, direction, supervision, or performance of any activities relating to the provision of advice with respect to municipal financial products or the issuance of municipal securities. 16. Describe your firm s policy relative to the prohibition of discriminatory employment practices, affirmative action and equal opportunity. 17. Describe any material agreements, relationships, retainers or other employment that your firm or any employee of your firm has with any other investment banking firm, financial advisory firm, law firm, institution of higher education or 501(c)(3) organization or other person or entity that may create a conflict of interest or the appearance of a conflict of interest with the Authority or a New Jersey public or private higher educational institution.
7 18. Describe any pending, concluded or threatened litigation and/or investigations, administrative proceedings or federal or state investigations or audits, subpoenas or other information requests of or involving your firm or the owners, principals or employees. Describe the nature and status of the matter and the resolution, if any. 19. List any sanctions or penalties brought against your firm or any of its personnel (including suspension or disbarment) by any regulatory or licensing agencies. Include a description of the reasons for the sanction or penalties and whether such sanctions or penalties are subject to appeal. 20. Pursuant to N.J.S.A. 52:32-44, please provide a copy of your firm s business registration certification (or interim registration). 21. Please provide three (3) references from current and/or past clients and discuss the services you have provided or are currently providing to them. 22. Provide the names of all clients who have terminated your firm s services in the last three years. In each case, detail the reason for termination. PROPOSAL SUBMISSION Please a PDF of your proposal to before 5:00 p.m. on Monday, June 13, ed proposals received at 5:00 pm and later will be deemed non-responsive and will not be reviewed. Additionally, please send four (4) hard copies of your response to the Authority no later than 3:00 pm on Tuesday, June 14, 2016 at the following location: New Jersey Educational Facilities Authority Attention: Steve Nelson, Director of Project Management 103 College Road East Princeton, NJ Firms that submit their electronic proposals in accordance with the deadline listed above, but that experience delivery service delays with their hard copy proposals and can provide proof of such delays will still be deemed responsive and will be accepted. Please note that the Authority s office hours are between 9:00 am and 5:00 pm. Responses must be limited to fifteen (15) pages. We look forward to the interest and participation of your firm in the RFP process. Any communications with representatives or employees of the Authority concerning this RFP, except as expressly set forth herein, by you or on your behalf, are not permitted during the submission process. No telephone inquiries will be accepted. All inquiries concerning the substantive provisions of this RFP should be directed in writing to Steve Nelson, Director
8 of Project Management, via , or fax, (609) , only. Questions must be submitted by Monday, June 6, Please see below for questions concerning the requirements of P.L. 2005, c 51/Executive Order No The Authority reserves the right to request additional information if necessary or to request an interview with firm(s), and waive any irregularities or informalities in the proposals submitted or the submission process. The Authority further reserves the right to make such investigations as it deems necessary as to the qualifications of any and all firms submitting proposals. The Authority also reserves the right to reject any and all submitted responses with or without cause. In the event that all proposals are rejected, the Authority reserves the right to resolicit responses. The Authority reserves the right to establish a fee schedule that is acceptable to the firm(s) selected and to the Authority and to negotiate fees with the winning bidder when appropriate. The Authority will not be responsible for any expenses in the preparation and/or presentation of the proposals and oral interviews, if any, or for the disclosure of any information or material received in connection with the solicitation, whether by negligence or otherwise. All information submitted in response to this RFP will become the property of the Authority and may be open to inspection by members of the public pursuant to the Open Public Records Act and Executive Order No. 26 (Whitman 1994) and Executive Order No. 37 (Corzine 2006). NOTE: Certification of Non-Involvement in Prohibited Activities in Iran. Pursuant to N.J.S.A. 52:32-58, firms must certify that neither the bidder, nor any of its parents, subsidiaries, and/or affiliates (as defined in N.J.S.A. 52:32 56(e) (3)), is listed on the Department of the Treasury s List of Persons or Entities Engaging in Prohibited Investment Activities in Iran and that neither is involved in any of the investment activities set forth in N.J.S.A. 52:32 56(f). If the bidder is unable to so certify, the bidder shall provide a detailed and precise description of such activities. Firms are required to submit the Division of Purchase and Property Disclosure of Investment Activities in Iran form, Exhibit A attached hereto, with your response to this RFP. FURTHER NOTE: P.L. 2005, c. 51, enacted March 22, 2005, which codified Executive Order No. 134 (McGreevey 2004), as amended by Executive Order No. 117 (Corzine 2008), ( P.L. 2005, c. 51/Executive Order No. 117 ) limits the ability of State agencies and independent authorities, such as the Authority, to enter into contracts with business entities that have made certain political contributions. If your firm has not previously submitted the certification and disclosure form(s) pursuant to P.L. 2005, c. 51/Executive Order No. 117, they must be completed and are attached to this RFP as Attachment 1.
9 If your firm has previously submitted the certification and disclosure form(s) pursuant to P.L. 2005, c. 51/Executive Order No. 117 you are required only to submit the P.L. 2005, c. 51/Executive Order No. 117 Certification of No Change, Exhibit B attached hereto, with your response to this RFP. If you have previously provided the required information but cannot submit the Certification of No Change, you should complete and submit the form(s) attached as Attachment 1. For information about submitting the Certification of No Change or the updated form(s), please contact Steve Nelson, Director of Project Management, at If your firm has questions concerning the requirements of P.L. 2005, c. 51/Executive Order No. 117, please your questions to Jacqueline McFadyen, Associate Project Manager, at Failure to submit the required certification and disclosure form(s) pursuant to P.L. 2005, c. 51/Executive Order No. 117 shall be cause for automatic rejection of your proposal. FURTHER NOTE: Pursuant to P.L. 2005, c. 271, at least ten (10) days prior to entering into any agreement or contract with a value of over $17,500 with the Authority, business entities (as defined in P.L. 2005, c. 271 attached hereto as Exhibit C and also described in the Public Law 2005 c. 271 Vendor Certification and Political Contribution Disclosure Form attached hereto as Exhibit D ) are required to submit a disclosure of certain political contributions. FURTHER NOTE: Firms are also advised of their responsibility to file an annual disclosure statement on political contributions with the New Jersey Election Law Enforcement Commission ( ELEC ) pursuant to N.J.S.A. 19:44A (P.L. 2005, c. 271, section 3) if the firm receives contracts with public entities, such as the Authority, in excess of $50,000 or more in the aggregate from public entities, such as the Authority, in a calendar year. It is the firm s responsibility to determine if filing is necessary. Failure to so file can result in the imposition of financial penalties by ELEC. Additional information about this requirement is available from ELEC at or at FURTHER NOTE: In compliance with Executive Order No. 129 (McGreevey 2004) and P.L. 2005, c. 92, each firm submitting a response to this RFP is required to indicate in their proposal the location by country where the services under the contract will be performed. FINAL NOTE: Pursuant to N.J.S.A. 52:32-44, entities providing goods or services to the Authority must be registered with the New Jersey Department of the Treasury,
10 Division of Revenue. Effective September 1, 2004, pursuant to an amendment to N.J.S.A. 52:32-44, State and local entities (including the Authority) are prohibited from entering into a contract with an entity unless the firm has provided a copy of its business registration certification (or interim registration) as part of its response. If the firm in not already registered with the New Jersey Division of Revenue, the form should be completed, online, at the Division of Revenue website:
11 Attachment A
12 CHART A List of New Jersey Transactions Date Par Amount Issuer Issue Total Par:
13 CHART B List of Higher Education Transactions Date Par Amount Issuer Issue Total Par:
14 Attachment B
17 "Attachment 1" P.L. 2005, c.51 I Executive Order No. 117
25 "Exhibit A" State of New Jersey Division of Purchase and Property Disclosure of Investment Activities in Iran
27 "Exhibit B" P.L. 2005, c.51/ Executive Order No. 117 Certification of No Change
28 P.L. 2005, c. 51 / Executive Order No. 117 Certification of No Change I, the of (the Financial Advisor ) in connection with the Request for Proposals for Financial Advisory Services (the RFP ) issued by the New Jersey Educational Facilities Authority (the Authority ) does hereby certify that all information, certifications and disclosure statements previously provided in connection with P.L. 2005, c. 51, which codified Executive Order No. 134 (McGreevey 2004), as amended by Executive Order No. 117 (Corzine 2008), are true and correct as of the date hereof and that all such statements have been made with full knowledge that the Authority and the State of New Jersey shall rely upon the truth of the statements contained therein and herein in connection with the RFP. IN WITNESS WHEREOF, we have executed this certificate as of this day of [NAME OF INDEPENDENT REGISTERED MUNICIPAL ADVISOR] By: Name: Title:
29 "Exhibit C" P.L. 2005, c.271
30 P.L. 2005, c.271 (Unofficial version, Assembly Committee Substitute to A-3013, First Reprint ) AN ACT authorizing units of local government to impose limits on political contributions by contractors and supplementing Title 40A of the New Jersey Statutes and Title 19 of the Revised Statutes. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey: 40A: a. A county, municipality, independent authority, board of education, or fire district is hereby authorized to establish by ordinance, resolution or regulation, as may be appropriate, measures limiting the awarding of public contracts therefrom to business entities that have made a contribution pursuant to P.L.1973, c.83 (C.19:44A-1 et seq.) and limiting the contributions that the holders of a contract can make during the term of a contract, notwithstanding the provisions and parameters of sections 1 through 12 of P.L.2004, c.19 (C.19:44A-20.2 et al.) and section 22 of P.L.1973, c.83 (C.19:44A-22). b. The provisions of P.L.2004, c.19 shall not be construed to supersede or preempt any ordinance, resolution or regulation of a unit of local government that limits political contributions by business entities performing or seeking to perform government contracts. Any ordinance, resolution or regulation in effect on the effective date of P.L.2004, c.19 shall remain in effect and those adopted after that effective date shall be valid and enforceable. c. An ordinance, resolution or regulation adopted or promulgated as provided in this section shall be filed with the Secretary of State. 52: a. Not later than 10 days prior to entering into any contract having an anticipated value in excess of $17,500, except for a contract that is required by law to be publicly advertised for bids, a State agency, county, municipality, independent authority, board of education, or fire district shall require any business entity bidding thereon or negotiating therefor, to submit along with its bid or price quote, a list of political contributions as set forth in this subsection that are reportable by the recipient pursuant to the provisions of P.L.1973, c.83 (C.19:44A-1 et seq.) and that were made by the business entity during the preceding 12 month period, along with the date and amount of each contribution and the name of the recipient of each contribution. A business entity contracting with a State agency shall disclose contributions to any State, county, or municipal committee of a political party, legislative leadership committee, candidate committee of a candidate for, or holder of, a State elective office, or any continuing political committee. A business entity contracting with a county, municipality, independent authority, other than an independent authority that is a State agency, board of education, or fire district shall disclose contributions to: any State, county, or municipal committee of a political party; any legislative leadership committee; or any candidate committee of a candidate for, or holder of, an elective office of that public entity, of that county in which that public entity is located, of another public entity within that county, or of a legislative district in which that public Note: Bold italicized statutory references of new sections are anticipated and not final as of the time this document was prepared. Statutory compilations of N.J.S.A. 18A:18A-51 is anticipated to show a reference to N.J.S.A. 40A:11-51 and to N.J.S.A. 52:34-25.
31 P.L. 2005, c.271 Page 2 entity is located or, when the public entity is a county, of any legislative district which includes all or part of the county, or any continuing political committee. The provisions of this section shall not apply to a contract when a public emergency requires the immediate delivery of goods or services. b. When a business entity is a natural person, a contribution by that person's spouse or child, residing therewith, shall be deemed to be a contribution by the business entity. When a business entity is other than a natural person, a contribution by any person or other business entity having an interest therein shall be deemed to be a contribution by the business entity. When a business entity is other than a natural person, a contribution by: all principals, partners, officers, or directors of the business entity or their spouses; any subsidiaries directly or indirectly controlled by the business entity; or any political organization organized under section 527 of the Internal Revenue Code that is directly or indirectly controlled by the business entity, other than a candidate committee, election fund, or political party committee, shall be deemed to be a contribution by the business entity. c. As used in this section: "business entity" means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction; "interest" means the ownership or control of more than 10% of the profits or assets of a business entity or 10% of the stock in the case of a business entity that is a corporation for profit, as appropriate; and "State agency" means any of the principal departments in the Executive Branch of the State Government, and any division, board, bureau, office, commission or other instrumentality within or created by such department, the Legislature of the State and any office, board, bureau or commission within or created by the Legislative Branch, and any independent State authority, commission, instrumentality or agency. d. Any business entity that fails to comply with the provisions of this section shall be subject to a fine imposed by the New Jersey Election Law Enforcement Commission in an amount to be determined by the commission which may be based upon the amount that the business entity failed to report. 19:44A a. Any business entity making a contribution of money or any other thing of value, including an in-kind contribution, or pledge to make a contribution of any kind to a candidate for or the holder of any public office having ultimate responsibility for the awarding of public contracts, or to a political party committee, legislative leadership committee, political committee or continuing political committee, which has received in any calendar year $50,000 or more in the aggregate through agreements or contracts with a public entity, shall file an annual disclosure statement with the New Jersey Election Law Enforcement Commission, established pursuant to section 5 of P.L.1973, c.83 (C.19:44A-5), setting forth all such contributions made by the business entity during the 12 months prior to the reporting deadline.
32 P.L. 2005, c.271 Page 3 b. The commission shall prescribe forms and procedures for the reporting required in subsection a. of this section which shall include, but not be limited to: (1) the name and mailing address of the business entity making the contribution, and the amount contributed during the 12 months prior to the reporting deadline; (2) the name of the candidate for or the holder of any public office having ultimate responsibility for the awarding of public contracts, candidate committee, joint candidates committee, political party committee, legislative leadership committee, political committee or continuing political committee receiving the contribution; and (3) the amount of money the business entity received from the public entity through contract or agreement, the dates, and information identifying each contract or agreement and describing the goods, services or equipment provided or property sold. c. The commission shall maintain a list of such reports for public inspection both at its office and through its Internet site. d. When a business entity is a natural person, a contribution by that person's spouse or child, residing therewith, shall be deemed to be a contribution by the business entity. When a business entity is other than a natural person, a contribution by any person or other business entity having an interest therein shall be deemed to be a contribution by the business entity. When a business entity is other than a natural person, a contribution by: all principals, partners, officers, or directors of the business entity, or their spouses; any subsidiaries directly or indirectly controlled by the business entity; or any political organization organized under section 527 of the Internal Revenue Code that is directly or indirectly controlled by the business entity, other than a candidate committee, election fund, or political party committee, shall be deemed to be a contribution by the business entity. As used in this section: "business entity" means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction; and "interest" means the ownership or control of more than 10% of the profits or assets of a business entity or 10% of the stock in the case of a business entity that is a corporation for profit, as appropriate. e. Any business entity that fails to comply with the provisions of this section shall be subject to a fine imposed by the New Jersey Election Law Enforcement Commission in an amount to be determined by the commission which may be based upon the amount that the business entity failed to report. 4. This act shall take effect immediately.
33 "Exhibit D" P.L. 2005, c.271 Vendor Certification and Political Contribution Disclosure Form
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Chapter 32 Utah Interlocal Financing Authority Act 11-32-1 Short title. (1) This chapter shall be known as the "Utah Interlocal Financing Authority Act." (2) All bonds issued pursuant to authority of this
TOWNSHIP OF LITTLE EGG HARBOR, IN THE COUNTY OF OCEAN, NEW JERSEY NOTICE OF $1,670,000 SPECIAL EMERGENCY NOTE SALE (NOT BANK QUALIFIED) Proposals are being solicited for the above issue of $1,670,000 aggregate
THE BOARD OF GOVERNORS OF THE COLORADO STATE UNIVERSITY SYSTEM REQUEST FOR PROPOSAL FOR UNDERWRITING SERVICES RFP # 1 May 12, 2015 SECTION I BACKGROUND, OVERVIEW AND GOALS The Board of Governors of the
Session of 00 HOUSE BILL No. 0 By Committee on Insurance - 0 0 AN ACT enacting the Kansas professional employer organization licensing act. Be it enacted by the Legislature of the State of Kansas: Section.
Senate Bill 0 By: Senators Williams of the th, Whitehead, Sr. of the th and Kemp of the th AS PASSED A BILL TO BE ENTITLED AN ACT To amend Article of Chapter of Title of the Official Code of Georgia Annotated,
BOROUGH OF BEACHWOOD, IN THE COUNTY OF OCEAN, NEW JERSEY NOTICE OF $2,321,500 NOTE SALE CONSISTING OF: $536,500 GENERAL IMPROVEMENT BOND ANTICIPATION NOTES AND $1,785,000 WATER UTILITY BOND ANTICIPATION
NOTICE OF SALE TOWNSHIP OF HOWELL (Monmouth Township, New Jersey) $13,000,000 TAX ANTICIPATION NOTES OF 2016 BOOK-ENTRY ONLY NON-CALLABLE Bids are being solicited through a fair and open process in accordance
NOTICE OF SALE $214,905 SCHOOL DISTRICT SERIAL BONDS, SERIES 2015B OF THE HUNTER-TANNERSVILLE CENTRAL SCHOOL DISTRICT GREENE COUNTY, NEW YORK Sale Date: November 17, 2015 Sale Time: 11:00 A.M., Prevailing
First Source Capital Mortgage, Inc. Please submit the following items along with your application package to expedite your approval process. If you have any questions or need additional information please
ADVISOR/LENDER APPLICANT ASSISTANCE AGREEMENT This ADVISOR/LENDER APPLICANT ASSISTANCE AGREEMENT (the Agreement ) is made this day of, 200_ by and between Oaktree Funding Corporation, a California Corporation
NON-DISCRETIONARY ADVISORY AGREEMENT THIS NON-DISCRETIONARY ADVISORY AGREEMENT is made by and between the undersigned (the Client ) and Values First Advisors, Inc. (the Advisor ). The Client hereby retains
NOTICE OF SALE COUNTY OF PASSAIC, NEW JERSEY $3,000,000 BONDS CONSISTING OF $1,500,000 COUNTY COLLEGE BONDS, SERIES 2016A AND $1,500,000 COUNTY COLLEGE BONDS, SERIES 2016B (COUNTY COLLEGE BOND ACT, P.L.
REQUEST FOR QUALIFICATIONS FOR DEFENSE ATTORNEY(s) Issued by the Camden County Municipal Joint Insurance Fund Date Issued: August 20, 2015 Responses Due by: September 10, 2015 REQUEST FOR QUALIFICATIONS
CONSULTING SERVICES AGREEMENT This CONSULTING SERVICES AGREEMENT (this Agreement ) is dated as of the latest date set forth on the signature page hereto (the Effective Date ) and is entered into by and
PREFILED DEC 0 REFERENCE TITLE: private fund advisers; exemption State of Arizona Senate Fifty-second Legislature Second Regular Session SB 0 Introduced by Senators Farnsworth D: Shooter; Representatives
HADDONFIELD PUBLIC SCHOOLS ONE LINCOLN AVENUE HADDONFIELD, NJ 08033 Phone: 856-429-4130, X 215 Fax: 856-429-6015 REQUEST FOR PROPOSALS FOR SCHOOL DISTRICT HEALTH INSURANCE BROKER SERVICES Notice is hereby
REQUEST FOR PROPOSALS BOND COUNSEL SERVICES FOR AFFORDABLE HOUSING RFP # 16-018 20 Civic Center Plaza Santa Ana, CA 92701 Judson Brown Housing Division Manager (714) 667-2241 Office JBrown@santa-ana.org
BOROUGH OF SHIP BOTTOM, IN THE COUNTY OF OCEAN, NEW JERSEY NOTICE OF $1,151,000 GENERAL OBLIGATION NOTE SALE CONSISTING OF: $237,500 GENERAL IMPROVEMENT BOND ANTICIPATION NOTES AND $913,500 WATER-SEWER
Request for Proposals For Financial Advisor Services Finance Department Contents Section I Introduction 2 Section II Description of Village 2 Section III Debt Financing Plans 3 Section IV Scope of Services
Sun Life Financial Inc. Canadian Dividend Reinvestment and Share Purchase Plan AMENDED AND RESTATED OFFERING CIRCULAR Table of Contents Parts of this Offering Circular... 1 Notice to Non-Registered Beneficial
BOND ORDINANCE NO. 16-2015 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ELIZABETHTOWN, KENTUCKY, AUTHORIZING AND APPROVING THE ISSUANCE OF GENERAL OBLIGATION REFUNDING BONDS, SERIES OF 2015 IN A PRINCIPAL
Public Act No. 15-15 AN ACT AMENDING THE CODE OF ETHICS FOR LOBBYISTS TO REDEFINE "EXPENDITURE" AND RAISE THE THRESHOLD FOR LOBBYIST REGISTRATION. Be it enacted by the Senate and House of Representatives
Regular Session, 0 SENATE BILL NO. ACT No. BY SENATOR MARIONNEAUX 0 AN ACT To amend and reenact R.S. :.,.(A),.(), (), () and (0),.,.(A)(),.0(C),.(B) and (C),.(B) and (C), and., and to repeal R.S. :.(),.,
OFFICIAL NOTICE OF SALE $30,000,000 JEFFERSON UNION HIGH SCHOOL DISTRICT (San Mateo County, California) General Obligation Bonds, 2014 Election, Series A NOTICE IS HEREBY GIVEN by the Board of Trustees
REQUEST FOR PROPOSAL RISK MANAGEMENT CONSULTANT & INSURANCE BROKER OF RECORD SERVICES ISSUE DATE: December 18, 2014 DUE DATE: January 9, 2015 Issued by: Edward Cho, QPA Purchasing Agent Township of Montclair
REQUEST FOR QUALIFICATIONS FOR Special Counsel: Department of Law & Public Safety, Division of Law Issued by the State of New Jersey Department of Law & Public Safety Date Issued: April 10, 2007 Question
REQUEST FOR PROPOSALS For FINANCIAL ADVISORY SERVICES Request for Proposals Issued: July 30, 2012 Deadline for Submittal of Proposals: August 17, 2012 Request for Proposals for Financial Advisory Services
Town of West New York Requests Proposals ( RFP ) From Law Firms Interested in Serving as Workers Compensation Counsel for the Town of West New York For the Period January 1, 2016 through December 31, 2016
Delaware Sustainable Energy Utility Request for Proposals for Financial Advisory Services The Delaware Sustainable Energy Utility ( SEU ) requests proposals from firms and individuals qualified to provide
REQUEST FOR PROPOSALS TO PROVIDE FINANCIAL ADVISOR SERVICES TO THE CITY OF PERRIS July 21, 2016 PROPOSED SCHEDULE Date Issued: July 21, 2016 Submittals Due: August 11, 2016 Potential Interviews: August
MUNICIPAL ADVISOR RULE HOW IT AFFECTS LOCAL GOVERNMENTS Article by Joy A. Howard Dated May 1, 2014 On February 28, 2014, the executive board of the Government Finance Officers Association ( GFOA ) approved
Municipal Advisory Agreement William Logan Director of Finance This letter will set forth the terms of the Municipal Advisory Agreement (the Agreement ) pursuant to which MAS Financial Advisory Services
REQUEST FOR PROPOSAL FOR FINANCIAL ADVISORY SERVICES ATLANTIC CITY MUNICIPAL UTILITIES AUTHORITY SUBMISSION DEADLINE March 31, 2016 1:00 P.M. ADDRESS ALL PROPOSALS TO: G. Bruce Ward, Esq. Executive Director
M E M O R A N D U M EUGENE WATER & ELECTRIC BOARD TO: Commissioners Mital, Simpson, Helgeson, Manning and Brown FROM: Sue Fahey, Finance Manager; Susan Eicher, Accounting & Treasury Supervisor DATE: August
H. R. 3606 10 have any person associated with that person subject to such a statutory disqualification. (3) For the purposes of this subsection, the term ancillary services means (A) the provision of due
NOTICE OF REQUEST FOR QUALIFICATIONS FOR PROFESSIONAL SERVICES FOR THE PINE HILL BOARD OF EDUCATION CAMDEN COUNTY UNDER A FAIR AND OPEN PROCESS PURSUANT TO N.J.S.A. 18A:18A-5 AND 19:44A-1 et. seq. Notice
TOWNSHIP OF BLOOMFIELD PUBLIC NOTICE FOR THE SOLICITATION OF PROFESSIONAL SERVICE CONTRACTS FOR FINANCIAL ADVISORY SERVICES NOTICE IS HEREBY GIVEN that sealed submissions will be received by the Township
Introduction TOWN OF GUTTENBERG REQUEST FOR QUALIFICATIONS FROM LAW FIRMS INTERESTED IN SERVING AS SPECIAL COUNSEL FOR EMPLOYMENT MATTERS AND EMPLOYMENT LITIGATIONS TO THE TOWN OF GUTTENBERG FOR THE PERIOD
SKAGIT COUNTY DEBT POLICY Page 1 of 12 SKAGIT COUNTY DEBT POLICY INDEX Page I. Roles and Responsibilities 3 II. Debt and Capital Planning 3-4 III. Credit Objectives 4-5 IV. Purpose, Type and Use of Debt
REQUEST FOR PROPOSAL FINANCIAL ADVISOR SERVICES FOR COMMUNITY CONSOLIDATED SCHOOL DISTRICT 62 Submit proposals or inquiries to: Community Consolidated School District 62 Attention: Susan Shepard 777 E.
REGULATIONS OF CONNECTICUT STATE AGENCIES Department of Energy and Environmental Protection Public Utilities Regulatory Authority THIS COMPILATION WAS PREPARED BY THE STATE OF CONNECTICUT, PUBLIC UTILITIES
NOTE: The County of Bergen will consider proposals only from firms or organizations that have demonstrated the capability and willingness to provide high quality services in the manner described in this
Form: Description: Orientation: Reference to Other Document: Investor Information: Stock Subscription Agreement This is a sample form of Stock Subscription Agreement for the purchase of common stock in
BOROUGH OF KENILWORTH REQUEST FOR PROPOSALS FOR TAX APPEAL ATTORNEY BOROUGH OF KENILWORTH Contract Term January 1, 2016 through December 31, 2016 SUBMISSION DEADLINE 3:00 P.M. NOVEMBER 12, 2015 ADDRESS
MARYLAND DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT SMALL PROCUREMENT CONTRACT (FOR CONTRACTS OF $25,000 OR LESS) [Insert Contract Name and No.] THIS CONTRACT (the Contract ) is made as of the day
DISTRICT OF COLUMBIA OFFICIAL CODE TITLE 31. INSURANCE AND SECURITIES. CHAPTER 50B. TITLE INSURANCE PRODUCERS. 2001 Edition DISTRICT OF COLUMBIA OFFICIAL CODE CHAPTER 50B. TITLE INSURANCE PRODUCERS. TABLE
KNOWLTON TOWNSHIP SCHOOL DISTRICT 80 Route 46, P.O. Box 227, Delaware, N.J. 07833 Phone: (908) 475-5118Fax: 908-475-1141 REQUEST FOR QUALIFICATIONS FOR SCHOOL DISTRICT RISK MANAGEMENT CONSULTANT Notice
CALIFORNIA SCHOOL FINANCE AUTHORITY CHARTER SCHOOL REVOLVING LOAN FUND PROGRAM LOAN AGREEMENT NUMBER 14-2014 East Bay Innovation Academy CDS CODE: TBD CHARTER NUMBER 1620 3400 Malcolm Ave, Oakland CA 94605
RELEVANT GOVT CODE AND ED CODE SECTIONS FOR SCHOOL DIST GO BONDS Issues of particular interest to Treasurer-Tax Collectors are highlighted in blue Added comments are highlighted in Yellow GOVERNMENT CODE
Only firms which have been prequalified by the Office of Financial Management for Fiscal Year 2014 and Fiscal Year 2015 to provide financial advisory services to the State Universities may submit a response
April 22, 2009 REQUEST FOR PROPOSALS (RFP) The New Jersey Schools Development Authority (NJSDA) is seeking proposals to engage a contractor to provide HVAC preventative maintenance and repairs at NJSDA
Form: Letter of Intent for Acquisition Purchase of Stock of the Business for a Combination of Cash and Purchaser s Stock (Pro-Buyer Oriented) Description: This is a sample Letter of Intent for the acquisition
NEWBURGH ENLARGED CITY SCHOOL DISTRIST NEWBURGH, NEW YORK REQUEST FOR PROPOSAL ARCHITECTURE SERVICES 2015 2016 Notice is hereby given that the Board of Education of the Newburgh Enlarged City School District,
CITY OF ELIZABETH, COUNTY OF UNION, NEW JERSEY REQUEST FOR QUALIFICATIONS Insurance Consultant Contract Term Fiscal Year (July 1, 2015 through June 30, 2016) SUBMISSION DEADLINE 4:00 P.M. Friday JUNE 26,
NASAA Recordkeeping Requirements For Investment Advisers Model Rule 203(a)-2 Adopted 9/3/87, amended 5/3/99, 4/18/04, 9/11/05; Amended 9/11/2011 NOTE: Italicized information is explanatory and not intended
VoIP Enhanced 911 and Enhanced Wireless 911 Service This Act deals with enhanced wireless 911 services and Voice over Internet Protocol (VoIP). The bill defines terms that are specific to enhanced wireless
0 LC 00S/AP House Bill (AS PASSED HOUSE AND SENATE) By: Representatives Scheid of the nd and Byrd of the 0 th A BILL TO BE ENTITLED AN ACT To create the Woodstock Area Convention and Visitors Bureau Authority
REQUEST FOR PROPOSAL for BANKING SERVICES BOROUGH OF CALDWELL Prepared by: Borough of Caldwell 1 Provost Square Caldwell, NJ January 26, 2016 Borough of Caldwell County of Essex State of New Jersey NOTICE
REQUEST FOR QUALIFICATIONS FOR FINANCIAL ADVISOR SERVICES Relating to VARIOUS PROGRAMS AND OBLIGATIONS STATE OF WISCONSIN Issued by the State of Wisconsin Capital Finance Office for the State of Wisconsin
NOTICE OF SALE ALABAMA PUBLIC SCHOOL AND COLLEGE AUTHORITY $554,520,000 * Capital Improvement Refunding Bonds, Series 2014-B Dated the Date of Initial Delivery ALABAMA PUBLIC SCHOOL AND COLLEGE AUTHORITY
Township of Parsippany 1001 Parsippany Blvd. Parsippany, NJ 07054 REQUEST FOR PROPOSALS FOR PROPERTY AND CASUALTY INSURANCE Submission Due: by 10:00 AM November 25 th 2011 Proposals Received by: Lawrence
CITY OF LINDEN REQUEST FOR QUALIFICATIONS FOR FORENSIC ACCOUNTING SERVICES CITY OF LINDEN Contract Term January 1, 2015 through December 31, 2015 SUBMISSION DEADLINE 9:30 AM November 13, 2014 10:00 a.m.
PATRIOT NATIONAL UNDERWRITERS, INC. Agent Agreement THIS AGENT AGREEMENT (the Agreement ) is made and entered into by and between Patriot National Underwriters, Inc., a Texas corporation ( Patriot ), and