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Borough of Hightstown·New Jersey

RFP – Bond Counsel

Rolling / TBD close$150k – $300kRequest for Proposal
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Description

The Borough of Hightstown, New Jersey, is seeking a qualified attorney‑at‑law to serve as Bond Counsel for the 2027 fiscal year. The selected counsel will provide comprehensive legal services related to municipal finance, including drafting and reviewing bond ordinances, public‑finance resolutions, various municipal note and bond instruments, official statements, and applications to the New Jersey Local Finance Board. The role also involves ongoing advisory support for authorization, issuance, and delivery of municipal debt, coordination with the Borough’s financial advisors and auditors, and any additional legal tasks requested by the Mayor, Council, CFO, or Business Administrator. Submissions must be sealed, include ten mandatory forms, and be delivered by November 24, 2026, 11:00 a.m. at the Hightstown Municipal Building. The award is expected in January 2027, and the contract runs from January 1 2027 through December 31 2027. • Must be a New Jersey‑admitted attorney with substantial municipal finance experience. • Submit a complete package (10 required forms, original + copy + flash‑drive) sealed and marked “Sealed Proposal for Bond Counsel Enclosed.” • Provide detailed cost breakdown with hourly rates, time estimates, and a total “not‑to‑exceed” amount; professional liability insurance of at least $1 million per claim is required.

Attached files

Contact

Peggy Riggio(Borough Clerk/Purchasing Agent)

[email protected]

Key dates

Opened
10/20/2026
Closes
Rolling / TBD
Projected award
1/1/2027
Duration
12 months

Last updated

Details

Type
Request for Proposal
Industry
Legal Services
NAICS
541110

Budget estimate

$150,000 – $300,000

The solicitation does not disclose a contract value. Typical municipal bond counsel engagements for a borough of Hightstown’s size (population ~5,000) range from $150,000 to $300,000 for a full‑year of service, depending on the complexity of debt issuances, hourly rates of senior attorneys, and any additional consulting or audit coordination required. The estimate accounts for up to 200 hours of senior attorney time at $250‑$350 per hour, plus ancillary support and insurance costs.

AI estimate from the solicitation

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