The Vendor is required to provide investment consultant Services for several key retirement and benefit plans.

- Provide oversight of investment manager/investment fund performance and adherence to the investment policy statements; assist the committee in developing and maintaining, on an on-going basis, a comprehensive investment policy statement.

-  Research and recommend investment managers or firms to manage the investment options available for the applicable plans; managers are to be evaluated by the respondent on an on-going basis and should be changed when deemed necessary by the committee with guidance from the investment respondent 

- Review the plans performance, compliance updates, and other relevant information presented to the Committee at scheduled meetings; lead consultant and any other staff deemed necessary will attend monthly or as otherwise scheduled meetings with the committee.

- Allocate assets among various investments taking into consideration the authorized investment policy objectives and guidelines

- Identify investment options that represent a broad array of choices ranging from stable value and/or guaranteed investments to those that offer a greater potential for longer returns and higher risks.

- monitor and analyze allocations to determine whether or not the current asset allocations stay within the objectives and guidelines of the plans investment policies.

- Trustee/custodial services oversight - the respondent shall assist the committee in maintaining appropriate controls over the safekeeping of the assets of the defined benefit plan, defined contribution plan, deferred compensation program and the committee trust.

- Monthly, quarterly statement of investment performance for each plan relative to assigned benchmark.

- Monitor investment manager performance to assigned benchmark and compliance with diversification guidelines.

- Trustee education on investment market and potential asset classes for use within the plan

- Annual valuation to include, but is not limited to, contribution and cash flow analysis and review.

- Communication and education services - respondent shall assist in the planning of and participation in educational sessions for the committee and employees.

- Regulatory services - the respondent shall assist the aviation authority in keeping the plans in compliance with federal and state laws and regulations.

- Provide investment advice to assist in defining investment goals and objectives to be pursued in the areas of risk, preservation of capital, liquidity and income or appreciation potential; assist in the design, implementation and ongoing maintenance of the plan and render investment advice to the committee in the capacity as plan co-fiduciary;

- Recommend design, implementation and management of an investment portfolio necessary to achieve the objectives of the aviation authority plans; and

- Assist with the maintenance of the plans investment policies and implementation of selected strategies.

- Contract Period/Term: 5 years