221 – Addendum #1

NJNJEDA (Economic Development Authority)stateOther
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NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY REQUEST FOR QUALIFICATIONS FOR Real Estate Advisory Services for NJEDA Programs and Projects (Reference 2024-RERFQ-221) ADDENDUM #1 The following constitutes an Addendum, which can be a Clarification and/or Modification to the abovereferenced solicitation. This Addendum is as follows: • • Part 1: Answers to Questions Submitted Part 2: Additions, Deletions, Clarifications and Modifications to the RFQ Part 1: Answers to Questions Submitted No Question Answer 1 Regarding Technical Specifications, BIn Section 3.2 B-9 there is a typo – should be 9: Please provide examples of NJEDA “properties” instead of “processes”. owned or controlled processes that could be sold or disposed. Is this the intention of the question or is there a typo (processes instead of properties)? 2 What forms (if any) are subcontractors required to complete? In accordance with N.J.S.A. 52:32-44(b), Subcontractors must have a valid Business Registration Certificate (“BRC”) issued by the Department of Treasury, Division of Revenue and Enterprise Services, prior to the award of a Contract. Please refer to Section 4.2.5.3 of the RFQ. Additionally, it is the awarded vendor(s) sole responsibility for assuring the compliance of any Subcontractor(s) is in accordance with the Contract. 3 Section 4.2.1 II.C requests a workplan for listed tasks. As this is an on-call submission, should proposers create workplans for all tasks listed in the technical specifications (3.2)? Please provide an example of a standard Work Plan. 4 Should a proposer be selected, can they add staff members not included in the on-call proposal to later task order proposals? Yes – as long as the staff members added possess similar skills and qualifications. RFP Addendum Template (Rev 05-19-21) 5 Will TORs be issued strictly in rotational order of initial rankings, or may the Authority select vendors out of sequence based on specialization or past performance as the contracts progress? (Section 3.3, p.18) TORs will be issued to all vendors who have been awarded a contract. They will be evaluated per Section 7.6 and one will be chosen for each TOR issued. 6 Are we permitted to edit the positions listed in the fee schedule template? (Section 4.2.2, p. 23) No - bidders are not permitted to edit the Fee Schedule in any way. 7 Are there any anticipated limits or average annual hours per firm or per TOR? (Section 4.2.2, p.

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Added Jul 8, 2026 | ID: 44090434

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