The Borough of Tinton Falls is requesting sealed proposals through a fair and open process for a Financial Consultant for Redevelopment Fiscal Analysis (RFP #14-27). The Borough seeks to engage a vendor to provide financial consultant services associated with redevelopment under the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A-1 et seq., the Long Term Tax Exemption Law, N.J.S.A. 40A:20-1 et seq., and governing potentially exempt health care or hospital-related uses. The consultant will advise the Borough on the financial impact of potential actions pursuant to those laws; advise the Borough to make informed decisions about proposed redevelopment and financial agreements; prepare necessary fiscal impact analysis reports; attend Borough and subcommittee meetings as requested; provide advice to elected and appointed officials, employees and other professionals; and perform other duties as required by the Borough.
Qualifications submission requirements include: firm name, address, phone, email (list all office sites and indicate corporate office if multiple); biography/history of the firm; list of principals/partners; executive summary substantiating qualifications; list of personnel assigned to the engagement with education/qualifications/experience summaries; references from at least two municipalities (with contact information); prior experience with the Borough (if any); list of municipalities currently under contract with the firm; a proposed fee arrangement; and a copy of current Certificate of Professional Liability Insurance.
All proposals shall be addressed to Shanon Rathyen, Purchasing Agent, Borough of Tinton Falls, 556 Tinton Avenue, Tinton Falls, New Jersey 07724 and shall be received in the Purchasing Department no later than Tuesday, December 1, 2026 by 3:00 PM. ONE ORIGINAL AND ONE COPY OF THE PROPOSAL SHALL BE SUBMITTED. The proposal form shall be submitted in a sealed envelope bearing the name and address of the applicant on the face of the envelope and clearly marked "Proposal" with the contract title. Proposal packages may be obtained as PDF files from the Borough website or, if preferred, may be mailed by calling 732-542-3400 ext. 252 or emailing srathyen@tintonfalls.com. Firms may mail or deliver proposal packages to the attention of the Purchasing Agent prior to the date and time noted. The RFP describes the scope of services, evaluation criteria (including licensure, experience, municipal finance and redevelopment expertise, availability, and related knowledge), and statutory requirements (affirmative action, stockholder disclosure, non-collusion affidavit, New Jersey business registration, and Pay-to-Play disclosure).
