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Awarded contract·Ocean County Board of Commissioners, Department of Finance·New Jersey

Banking and Investment Services $50,620,000 (Estimate) - General Improvement Bonds Series 2024

Won by OceanFirst Bank$50.6MSingle Award
Contract source

Awarded vendors

  • OceanFirst Bank

Description

The Ocean County Board of Commissioners has awarded a contract to OceanFirst Bank for banking and investment services related to the $50,620,000 General Improvement Bonds, Series 2024. The contract is for a term of one year, starting from October 16, 2024. The services include banking and investment services for the County's bond proceeds. The contract was awarded after a public solicitation of Request for Proposals, and the proposals were reviewed by the Ocean County Department of Finance. • The contract is for banking and investment services for the County's bond proceeds. • The contract term is one year, starting from October 16, 2024. • The contract was awarded to OceanFirst Bank after a public solicitation of Request for Proposals. • The services include banking and investment services for the $50,620,000 General Improvement Bonds, Series 2024.

Attached files

Key dates

Starts
10/16/2024
Ends
10/15/2025
Duration
1 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
522000
Solicitation №
RESOLUTION # 2024001589

Contract value

$50,620,000

The contract value is estimated to be $50,620,000, which is the amount of the General Improvement Bonds, Series 2024. This estimate is based on the information provided in the contract document, which states that the contract is for banking and investment services related to the bond proceeds. The actual contract value may be higher or lower, depending on the specific services provided and the fees associated with them. However, based on the information available, $50,620,000 is a reasonable estimate of the contract value.

AI estimate from the award documents

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