The New Jersey Treasury Department received 12 responses from financial advisers to a request for proposals as the state looks to defease outstanding general obligation bonds.

Submissions were due Friday and officials will review the responses during the next few weeks. Responding were A.C. Advisory Inc., Acacia Financial Group Inc., Cityview Capital Solutions LLC, First Southwest, Goldman, Sachs & Co., Lamont Financial Services Corp., Phoenix Advisors LLC, Phoenix Capital Partners LLC, Powell Capital Markets Inc., Public Financial Management Inc., Public Resources Advisory Group and Scott Balice Strategies, according to James Petrino, director of the Office of Public Finance.

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