Township of Clark - 2026 Redevelopment Financial Consultant - Request for Qualifications
Township of ClarkCity · Clark, NJ- Due
- Mar 6, 2026
- Deadline passed
- Posted
- Feb 19, 2026
- Contract term
- 2 years
- Primary contact
- Edith Merkel
- (732) 388-3600
The 30-second brief
The Township of Clark is soliciting Qualification Statements and fee proposals for professional redevelopment financial consulting services supporting municipal redevelopment projects, long-term tax exemption agreements, and related financial analysis matters under N.J.S.A. 19:44A-20.4. The scope includes evaluation and financial analysis of redevelopment project proposals pursuant to the Local Redevelopment and Housing Law (N.J.S.A. 40A:12A-1 et seq.), review of PILOT agreements under N.J.S.A. 40A:20-1, preparation of financial models, cash flow analyses, fiscal impact projections, development pro formas, project budgets, financing structures, capital stacks, debt service schedules, equity returns, and developer fee structures. The consultant will assist in negotiating financial terms of redevelopment agreements, prepare financial reports and recommendations, attend public meetings, and coordinate with municipal professionals. Submissions are due by March 6, 2026, at 11:00 a.m. at the Township Clerk's Office, 430 Westfield Ave, Clark, NJ 07066. Required coverages include $1M/$2M commercial general liability and professional liability.
Qualifications of firm, Related redevelopment financial consulting experience, Familiarity with the Township, Available resources to complete services, Cost and reasonableness of fee proposal
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Summary
The Township of Clark is soliciting Qualification Statements and fee proposals for professional redevelopment financial consulting services supporting municipal redevelopment projects, long-term tax exemption agreements, and related financial analysis matters under N.J.S.A. 19:44A-20.4.
The scope includes evaluation and financial analysis of redevelopment project proposals pursuant to the Local Redevelopment and Housing Law (N.J.S.A. 40A:12A-1 et seq.), review of PILOT agreements under N.J.S.A. 40A:20-1, preparation of financial models, cash flow analyses, fiscal impact projections, development pro formas, project budgets, financing structures, capital stacks, debt service schedules, equity returns, and developer fee structures. The consultant will assist in negotiating financial terms of redevelopment agreements, prepare financial reports and recommendations, attend public meetings, and coordinate with municipal professionals. Submissions are due by March 6, 2026, at 11:00 a.m. at the Township Clerk's Office, 430 Westfield Ave, Clark, NJ 07066. Required coverages include $1M/$2M commercial general liability and professional liability.
EVALUATION CRITERIA
5- Qualifications of firm
- Related redevelopment financial consulting experience
- Familiarity with the Township
- Available resources to complete services
- Cost and reasonableness of fee proposal
REQUIRED ATTACHMENTS
Letter of Intent (Ex. A), Affirmative Action Letter, Certificate or Employee Information Report AA-302 (Ex. B), Disclosure Statement (Ex. D), Non-Collusion Affidavit (Ex. E), Certification of Political Contributions (Ex. G), Proposal Form (Ex. H), Acknowledgement of Receipt of Addenda (Ex. I), Investment / Prohibited Activities Disclosure – Iran, Russia & Belarus
REQUIRED STAFFING
5- Submit to
- Township of Clark, 430 Westfield Avenue, Clark, NJ 07066
- Duration
- 24 months
- Scope location
- Clark, NJ
Questions about this RFQ
How do I respond to this RFQ from Township of Clark?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is March 6, 2026. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: Township of Clark, 430 Westfield Avenue, Clark, NJ 07066. For questions, contact Edith Merkel.
Can small businesses or minority-owned firms bid on this RFQ?
Most government agencies, including Township of Clark in NJ, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the RFQ submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
Can I ask questions about this solicitation before submitting?
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Edith Merkel at (732) 388-3600. Questions and answers are typically shared with all prospective bidders.
What staffing is required for this project?
This solicitation outlines specific staffing requirements. The required roles include: Principal/Managing Director, Senior Financial Analyst, Financial Analyst, Associate, Support Staff. Proposers should demonstrate relevant qualifications and experience for each required role.
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What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Qualifications of firm, Related redevelopment financial consulting experience, Familiarity with the Township, Available resources to complete services, Cost and reasonableness of fee proposal" Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Township of Clark?
All active and historical solicitations from Township of Clark are tracked and searchable. As a city agency, Township of Clark regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What is the contract term for this solicitation?
The anticipated contract term is 2 years. Contract terms may include renewal options.
What documents are required to bid on this RFQ?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: Letter of Intent (Ex. A), Affirmative Action Letter, Certificate or Employee Information Report AA-302 (Ex. B), Disclosure Statement (Ex. D), Non-Collusion Affidavit (Ex. E), Certification of Politica. Additionally, proposals should address staffing requirements as outlined in the solicitation. Review the full document from Township of Clark for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Clark, NJ. Review the full solicitation for detailed scope requirements.