New Jersey Administrative Code
Title 17 - TREASURY - GENERAL
Chapter 49 - PUBLIC-PRIVATE PARTNERSHIPS RULES
Subchapter 3 - QUALIFICATION OF EXPERTS AND PROFESSIONALS
Section 17:49-3.3 - Qualification of public-private partnership advisors
Universal Citation: NJ Admin Code 17:49-3.3
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The Office of Public Finance shall pre-qualify and maintain a pool of public-private partnership advisors who shall assist the Department of the Treasury by undertaking a financial and technical review of projects submitted for consideration.
(b) Public-private partnership advisors shall possess the following minimum criteria to qualify for consideration:
1. Participation in at least five
public-private partnership projects in this or any other jurisdiction in the
last five years;
2. Understanding
of land use, construction, redevelopment, and public financing law;
3. Experience with financial modeling, return
on investment analysis, risk analysis and allocation, stress testing
assessment, conduction of feasibility studies in assessing public-private
partnership suitability, market testing, public sector comparability, net
present value cost, and comparison development, as well as a review of project
life cycle cost and reserve analysis;
4. Ability to provide recommendations on
appropriate discount rates and investment measures for projects;
5. Exposure to public infrastructure
construction and financing;
6.
Experience with construction in New Jersey;
7. Ability to review, summarize, and prepare
a summary of legal agreements; and
8. Any additional criteria as determined to
be necessary by the Department of the Treasury.
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