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Borrower Contacts NJEFA Determin method of sale (Negotiated Sale) NJEFA adopts E026 resolution. NJEFA selects Sr. Manager & Bond Counsel Prepare bond resolutions, documents and Preliminary Official Statements (P.O.S). Credit packages mailed to rating agencies and/or bond insurers. 9Competitive Sale) NJEFA selects bond counsel Adoption of Bond Resolution authorizing the bond sale. Contact TEFRA hearing if applicable Governor's Veto period runs for 10 days. (Negotiated Sale) Print and Mail P.O.S. , Market and price bonds & sign purchase contract (Competitive Sale) Advertise for Bids, Print & mail P.O.S. and bid form. Accept bids and award bonds. Close Bond Issue
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New Jersey Educational Facilities Authority
103 College Road East, 2nd Floor
Princeton, NJ 08540-6612
Phone: 609-987-0880
Fax: 609-987-0850