NOTICE POSTED: May 15, 2026DUE DATE: June 2, 2026 @10: 00 a. m. prevailing time. SEND RESPONSES TO: City of Bayonne Law Department, Room 15, 630 Avenue C, Bayonne, New Jersey **** OPENING: All proposals/responses will be opened at the Dorothy E. Harrington Municipal Council Chambers, in the Municipal Building at 630 Avenue C, Bayonne, New Jersey on June 2, 2026 @11: 30 a. m. prevailing time. TAKE NOTICE: The City of Bayonnes Law Department, 630 Avenue C, Room 15, Bayonne, NJ **** ( hereinafter
AI helper
The City of Bayonne is seeking qualifications and proposals for an Investment Advisor. Services include analyzing city funds, developing investment strategies, procuring investments, monitoring assets, and reporting progress. The contract term is one year with a possible one-year renewal. Bidders must meet general requirements including licensure, experience, and expertise in bond markets. Insurance and indemnification are required. Proposals must include standardized submission forms, a non-collusion affidavit, disclosure of ownership, NJ business registration certificate, and certificate of good standing. Submissions are due by June 2, 2026, at 10:00 AM. Proposals will be evaluated based on requirements, understanding of work, technical competence, management, experience, personnel qualifications, ability to complete services timely, and cost.
The bid notice states that sealed responses must be received on or before June 2, 2026, at 10:00 AM prevailing time.
The bid notice states that the highest-ranking respondent will be recommended for award of contract, based on price and other factors, using criteria including requirements, understanding of work, knowledge and technical competence, management, experience and personnel qualifications, ability to complete services in a timely manner, and cost/price.
The bid notice states that bidders must possess licensure, experience and reputation in the field, ability to address all items in the scope of services, demonstration of expertise, knowledge of US Treasury, agency and municipal bond markets, knowledge of the City of Bayonne, and availability to accommodate required meetings.
The bid notice does not indicate that samples are required.
The bid notice states that noncompliance with significant instructions shall be grounds for disqualification of responses.