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  5. ›RFQ BROKER DEALER PROFESSIONAL SERVICES RM-200962

New Jersey Turnpike Authority (Njta)·New Jersey

RFQ BROKER DEALER PROFESSIONAL SERVICES RM-200962

Closes 8/30/2026$250k – $1.5MRequest for Qualification
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Description

The New Jersey Turnpike Authority is seeking qualified firms or individuals to provide broker‑dealer professional services. The solicitation is issued as a Request for Qualifications (RFQ) and requires submission through the Bid Express® portal by the deadline of August 31, 2026. Respondents must demonstrate competency in broker‑dealer functions and comply with New Jersey affirmative‑action regulations. • Scope: Professional services supporting broker‑dealer activities (e.g., compliance, reporting, advisory). • Submission: Electronic via Bid Express; deadline 2:00 p.m. on August 31, 2026. • Requirements: Demonstrated expertise, affirmative‑action compliance per N.J.S.A. 10:5‑31 and N.J.A.C. 17:27.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Key dates

Opened
8/15/2026
Closes
8/30/2026

Last updated

Details

Type
Request for Qualification
Industry
Financial Services
NAICS
523120
Solicitation №
RM-200962

Budget estimate

$250,000 – $1,500,000

No budget is disclosed, but a professional services contract for a state authority’s broker‑dealer functions typically ranges from a few hundred thousand dollars to low‑single‑digit millions, depending on scope and duration. Assuming a multi‑year engagement with specialized compliance and advisory work, an estimate of $250,000 to $1,500,000 is reasonable. Factors influencing the range include the extent of services (e.g., full‑time advisory vs. periodic reviews), the size of the Turnpike Authority’s brokerage operations, and prevailing market rates for financial consulting in the New Jersey region.

AI estimate from the solicitation

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