The work scope consists of providing PVSC Asset Management-Investment expertise including the following: Task 1: Meetings The consultant shall attend meetings in Newark, New Jersey as/if required. Task 2: Expert Advice The policy consultant shall provide PVSC with investment advisory advice on an as needed basis, including but not limited to: developing schedules of investment maturities around expected draws of funds from bond proceeds. Soliciting and evaluating quotes on investments to maximize interest earnings for both operating and capital funds, as requested by PVSC. Evaluation of earnings yield limitations on tax exempt bond proceeds. Coordinating investment account requirements with bond trustee- Bank of New York Mellon and/or other custodians. Consultant Responsibility The Respondent shall supply and include in its costs all personnel, sub-consultants, and all services to complete the work in accordance with the Scope of Work. All notes, calculations, studies and computer documents generated for this project shall be the property of PVSC and turned over to PVSC at the conclusion of the project. The Respondent shall provide PVSC with monthly progress reports and conduct monthly progress meetings.
