Wind Port Legal Counsel Funding Increased
Economic Development Authority | State of New JerseyState · Trenton, NJ- Disclosed value
- Not to exceed $3,750,000 (aggregate with other outside counsel)
- From agenda
- Document date
- Jan 15, 2021
The 30-second brief
NJEDA is increasing funding for outside legal counsel on the New Jersey Wind Port project by $2 million, bringing total legal budget to $3.75 million. Ashurst, as one of the engaged firms, will continue to advise on ground lease negotiations with PSEG, subtenant agreements, and construction manager contracting. Costs are expected to be capitalized into the project.
ASHURST holds this legal contract with Economic Development Authority | State of New Jersey. Its other public contracts on record include work for South Dakota Educational Enhancement Funding Corporation | State of South Dakota and Santa Clara Valley Transportation Authority.
Term as filed: Through at least August 2021 or until project financial close.
See who decides the next one before it's bid.
Get pre-RFPs freeFree account · 30-second setup · No credit card
Contract details
- Contract type
- Legal
- Amount
- Not to exceed $3,750,000 (aggregate with other outside counsel)
- Document date
- January 15, 2021
- Term
- Through at least August 2021 or until project financial close
- Vendor
- ASHURST
- Source document
- nj-economic-development-authority-board-meeting-agenda-january-15-2021_4d9.pdf (Agenda)
ASHURST's other public contracts
More Economic Development Authority | State of New Jersey contracts
Questions about this contract
Who was awarded the legal contract by Economic Development Authority | State of New Jersey?
ASHURST was awarded this legal contract by Economic Development Authority | State of New Jersey, as recorded on January 15, 2021. The contract value is Not to exceed $3,750,000 (aggregate with other outside counsel).
How much is the ASHURST contract with Economic Development Authority | State of New Jersey worth?
The ASHURST contract with Economic Development Authority | State of New Jersey is valued at Not to exceed $3,750,000 (aggregate with other outside counsel), covering legal work.
What type of contract is this?
This is a Legal contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in nj-economic-development-authority-board-meeting-agenda-january-15-2021_4d9.pdf (Agenda), dated January 15, 2021 from Economic Development Authority | State of New Jersey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does ASHURST hold?
ASHURST may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Economic Development Authority | State of New Jersey currently buying?
Explore Economic Development Authority | State of New Jersey's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.