CityNJ
Posted
Nov 1, 2026
Nov 24, 2026
Borough of Park Ridge Request for Qualifications From Attorneys Interested in Serving as "Borough Bond Counsel" to the Borough of Park Ridge January 1, 2027 through December 31, 2027 Dated: November 1, 2026
Introduction The Borough of Park Ridge ("Borough") is soliciting Qualification Statements from interested persons and/or firms for the provision of bond counsel services as more particularly described herein. Through a Request for Qualification process described herein, persons and/or firms interested in assisting the Borough with the provision of such services must prepare and submit a Qualification Statement in accordance with the procedure and schedule in this RFQ. The Borough will review Qualification Statements only from those firms that submit a Qualification Statement which includes all the information required to be included as described herein (in the sole judgment of the Borough). The Borough intends to qualify person(s) and/or firm(s) that (a) possesses the professional, financial and administrative capabilities to provide the proposed services, and (b) will agree to work under the compensation terms and conditions determined by the Borough to provide the greatest benefit to the taxpayers of Park Ridge. The successful Respondent will be awarded a one (1) year professional services contract. The successful Respondent must have significant experience in providing legal services as Bond Counsel to New Jersey municipalities and/or other New Jersey public entities. The basic scope of services provided to the Borough shall include (1) preparation of bond ordinances; (2) preparation of note issues (bond anticipation notes, tax anticipation notes, emergency notes, etc.) with accompanying documentation and approving legal opinion; (3) preparation of bond issues with accompanying documentation and approving legal opinion; and (4) at the request of clients, legal research on municipal law questions. Because bond ordinances constitute the basic authorization for both capital projects and the debt required to finance them, public finance attorneys are actively involved in providing expert advice as to the legality, under state and federal law, of proposed projects and the proper state law procedures for adoption of bond ordinances. The Borough will work closely with the municipal finances officer and auditor to make sure that funds are available for down payments (when required) and that supplemental debt statements and capital budget amendments are filed. Definitions The following definitions shall apply to and are used in this Request for Qualifications: "Borough" - refers to the Borough of Park Ridge. "Qualification Statement" - refers to the complete responses to this RFQ submitted by the Respondents. "Qualified Respondent" - refers to those Respondents who (in the sole judgment of the Borough) have satisfied the qualification criteria set forth in this RFQ. "RFQ" - refers to this Request for Qualifications, including any amendments thereof or supplements thereto. "Respondent" or "Respondents" - refers to the interested firm(s) that submit a Qualification Statement. Procurement Process and Schedule. The selection of Qualified Respondents is not subject to the provisions of the Local Public Contracts Law, N.J.S.A. 40A:11-1 et seq. The selection is subject to the "New Jersey Local Unit Pay-to-Play" Law, N.J.S.A. 19:44A-20.4 et seq., however, the Borough has structured a procurement process that seeks to obtain the desired results described above, while establishing a competitive process to assure that each person and/or firm is provided an equal opportunity to submit a Qualification Statement in response to the RFQ Qualification Statements will be evaluated in accordance with the criteria set forth in this RFQ, which will be applied in the same manner to each Qualification Statement received. Qualification Statements will be reviewed and evaluated by the Borough and its legal and/or financial advisors (collectively, the "Review Team"). The Qualification Statements will be reviewed to determine if the Respondent has met the minimum professional, administrative and financial areas described in this RFQ. Under no circumstances will a member of the review team review responses to an RFQ for a job which they or their firm submitted a response. Based upon the totality of the information contained in the Qualification Statement, including information about the reputation and experience of each Respondent, the Borough will (in its sole judgment) determine which Respondents are qualified (from professional, administrative and financial standpoints). Each Respondent that meets the requirements of the RFQ (in the sole judgment of the Borough) will be designated as a Qualified Respondent and will be given the opportunity to participate in the selection process determined by the Borough. The RFQ process commences with the issuance of this RFQ. The steps involved in the process and the anticipated completion dates are set forth in Table 1, Procurement Schedule. The Borough reserves the right to, among other things, amend, modify or alter the Procurement Schedule upon notice to all potential Respondents. All communications concerning this RFQ or the RFQ process shall be directed to the Borough's Designated Contact Person, in writing. Designated Contact Person: Ms. Magdalena Giandomenico, CMC Administrator/Clerk Borough of Park Ridge 53 Park Avenue Park Ridge, New Jersey 07656 Qualification Statements must be submitted to, and be received by, the Borough, via mail or hand delivery, by 10:00 a.m. on November 24, 2026. Qualification Statements will not be accepted by facsimile transmission or e- mail. Subsequent to issuance of this RFQ, the Borough (through the issuance of addenda to all firms that have received a copy of the RFQ) may modify, supplement or amend the provisions of this RFQ in order to respond to inquiries received from prospective Respondents or as otherwise deemed necessary or appropriate by (and in the sole judgment of) the Borough. TABLE 1 ANTICIPATED PROCUREMENT SCHEDULE ACTIVITY DATE 1. Issuance of Request for Qualifications November 1, 2026. 2. Receipt of Qualification Statements November 24, 2026 by 10:00 a.m. 3. Opening of RFQ November 24, 2026 at 10:15 a.m. 4. Appointment of Special COAH Counsel on January 5, 2027, or thereafter. Professional Information and Qualifications (excerpt of requested contents) - Name of Respondent; address of principal place of business and all other offices and corresponding telephone and fax numbers; note which attorney will be assigned to work with the Borough. - Description of Respondent's legal education, experience, qualifications, years with Respondent and description of experience with similar projects. - Experience related to providing legal services as bond counsel to public entities. - At least four (4) municipal government references, three (3) of which must have knowledge of your service to public entities. - Examples of record of success servicing public entities; ability to provide services in a timely fashion; staffing and location of key staff. - Cost details including hourly rates for each individual, time estimates, all expenses, and where appropriate a total "not to exceed" amount. - Evidence of compliance with New Jersey affirmative action requirements; New Jersey Business Registration Certificate; required professional federal and/or state licenses; narrative statement of understanding of Borough's needs and goals. - List of immediate relatives of principals who are Borough employees or elected officials; judgments for professional malpractice within last three years; bankruptcy or re-organization proceedings within last ten years; current certificate of insurance evidencing professional liability insurance with limits of not less than $1,000,000 each claim/$1,000,000 annual aggregate. Selection Criteria (excerpt): qualifications of individuals, experience and references, ability to perform timely, cost competitiveness, description of subcontracted portions, union/non-union status. Submission Requirements: Please submit one original together with one submission in electronic form, either on computer disc or flash drive, of their Qualification Statement to the Designated Contact Person on or before 10:00 AM on November 24, 2026: Ms. Magdalena Giandomenico Borough Administrator/Clerk Borough of Park Ridge 53 Park Avenue Park Ridge, N.J. 07656 Qualification Statements will not be accepted by facsimile transmission or email.
