Investment Advisor Services

The Vendor is required to provide for investment advisor services.
- Services include:
• Manage approximately $1 billion of assets, which includes operating and bond funds (non-pension) in accordance with agency investment policy and in compliance with act as amended.
• The portfolio shall be managed in a fiduciary capacity.
• Assist agency in the execution of an investment strategy appropriate for each fund and establish appropriate benchmarks.
• Evaluate market risk and recommend strategies that minimize negative impact on the agency portfolio.
• Review cash flow projections developed by agency staff to ensure the planned investments are consistent with cash flow requirements and projections.
• Provide investment research and supervision of the managed funds in the agency portfolio and conduct a continuous program of investment, evaluation, and, when appropriate, sale and reinvestment of portfolio assets.
• Serve as a general resource to agency staff for information, advice, and training.
• Execute securities purchases and/or sales with approved brokers/dealers at a price favorable to agency and in accordance with agency investment policy.
• Provide access to monthly reporting which shall include detailed portfolio holdings including accrued interest, amortized cost security ratings and market values, transaction details, principal and interest payments, earnings, and investment portfolio summary statistics.
• Review investment strategies, market conditions, and performance with agency treasury team monthly.
• Present quarterly investment reporting to the agency board audit committee in accordance with the agency investment policy including a description of market conditions, current and future market conditions, and investment strategies employed, performance, and suggested changes to investment strategy.
• Maintain accurate records of all investments.
• All records shall be available for periodic review and audit by agency at any time.
• Annually, review the investment policy and provide written comments and recommended changes as appropriate.
• Coordinate with external bond advisors, organization trustee, auditors, and other consultants as requested and authorized by agency.
- Contract Period/Term: 3 years
- Pre-Proposal Meeting Date: June 02, 2025
- Questions/Inquires Deadline: June 06, 2025