Port Authority of NY & NJ issues RFS for advisors
The Port Authority of New York and New Jersey (the Authority) has recently issued a Request for Submittals (RFS) seeking advisors to provide capital infrastructure financial and business advisory services for all Port Authority lines of business for a period of 3 years.
The Port Authority of New York and New Jersey could extend the agreement for an additional 3 years, through 2022, at its sole discretion.
The port line of business includes Aviation, the Port Authority TransHudson Corporation (PATH), Port Commerce, and Tunnels, Bridges & Terminals.
The capital infrastructure financial and business advisory services required are grouped in three categories as follows:
- General Financial, Business, and Economic.
- Financial Feasibility Studies for Capital Projects.
- Alternative Project Financing Analysis.
The anticipated scope of work of the potential firms includes, but is not limited to:
- Assessing the optimum financial structure for funding and delivering certain Authority major project initiatives.
- Developing the optimal business and financing models for these major project initiatives.
- Advising the Authority’s Chief Financial Officer and others as appropriate, on matters relating to the financing of major project initiatives, including the availability of appropriate federal grants and loan programs, and private capital.
The submittals should be forwarded no later than 2:00 p.m. on Friday, June 24, 2016.
See the Request for Submittals (RFS) issued by The Port Authority of New York and New Jersey.
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