This Solicitation opportunity from New York was posted on October 16, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Balanced Fund RFP

Closed

2114481State & Local

Submission Closed12/03/2024, 12:00:00 AM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 541612

New

International

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IFB#77-27-YE HUMAN RESOURCE MANAGEMENT EMPLOYEE CLIMATE ACTION PLAN

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Executive Search Consultant (Higher Education)

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Fire Pump Test SpecialistThe Fire Pump Test Specialist subcontract, issued by the Columbus Consolidated Government in Georgia, seeks a qualified provider to develop and administer specialized pump tests for candidates seeking the rank of Sergeant within the Columbus Department of Fire and Emergency Medical Services. The selected contractor will be responsible for establishing test criteria, conducting the evaluations, and delivering final performance scores. Due to the technical nature of the role, the contractor must possess extensive expertise in fire apparatus pump operations and established evaluation standards. Interested parties must submit their responses by December 2, 2026, in accordance with the solicitation guidelines under NAICS code 541612.

Columbus Consolidated Government

POSTED

2 days ago

DEADLINE

in about 1 month

AI Contract Overview

The New York State Deferred Compensation Board is seeking proposals from financial organizations to provide a Balanced Fund that will serve as an investment option under the State's Deferred Compensation Plan for Employees of New York and other participating public jurisdictions. The plan complies with Section 457 of the Internal Revenue Code and relevant state laws. The solicitation, posted on October 16, 2024, requires all proposals to be submitted by 5 PM Eastern time on December 3, 2024. The contract, which is expected to last for eight years, aims to select a fund that offers a balanced exposure to equities and fixed income, with a relatively static allocation—primarily around two-thirds equities (mainly U.S. equities) and one-third fixed income (mainly U.S. investment-grade bonds). The fund must be a daily-valued, liquid collective vehicle such as a mutual fund or collective investment trust, and not a separately managed account or dynamically allocated fund. The existing Balanced Fund manager is eligible to rebid, and the solicitation is open to all New York State counties. The procurement does not include a set-aside for service-disabled veteran-owned businesses. The targeted contract size ranges from $50 million to $200 million. Interested parties can access the full request for proposals through the provided online link. The focus is on well-funded, stable funds that meet the plan’s eligibility criteria, ensuring a consistent and reliable investment option for plan participants over the duration of the contract.

General Info

Agency

New York → NYS Deferred Compensation Plan

NAICS

541612 - Human Resources Consulting Services

Place of Performance

NY, USA

Set-Aside

NONE

Documents

No documents available

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Timeline

PhaseClosed

PostedOct 16

Solicitation

Response DeadlineDec 3

Deadline has passed

Submission Closed

12/03/2024, 12:00:00 AM UTC

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Organization & Contact Information

AgencyNew York → NYS Deferred Compensation Plan

ContactsNo contacts available

OfficeN/A

Organization / Agency

New York → NYS Deferred Compensation Plan

Office AddressN/A

ContactsNo contact information available

Full Description

Pursuant to the provisions of 9 NYCRR, Section 9003.2 authorized by Section 5 of the State Finance Law, the New York State Deferred Compensation Board, beginning October 16, 2024, is soliciting proposals from financial organizations to provide a Balanced Fund. This fund will represent an investment option under the Deferred Compensation Plan for Employees of the State of New York and Other Participating Public Jurisdictions, a plan meeting the requirements of Section 457 of the Internal Revenue Code and Section 5 of the State Finance Law, including all rules and regulations issued pursuant thereto. A copy of the request for proposals will be posted on Callan’s website (callan.com) and the Board website (www.deferredcompboard.ny.gov). All proposals must be received no later than 5 PM Eastern time on December 3, 2024. The Board is seeking proposals from financial organizations to provide Balanced Fund. The existing Balanced Fund manager is invited to rebid. Product Design for Balanced Funds: Responding balanced funds should offer exposure to both equities and fixed income within one fund. The equity/fixed income weights of responding balanced funds must be relatively static (e.g. two-thirds equities and one-third fixed income). The weight in equities must be at least 50% (predominantly U.S. equities), with the remainder in fixed income (predominantly U.S. investment grade fixed income). We are soliciting responses from actively or passively managed balanced funds. This RFP does not seek responses from funds that dynamically allocate between stocks and bonds, such as tactical asset allocation funds. The RFP will seek well-funded daily valued, daily liquid collective vehicles for which the Plan is eligible, such as mutual funds and collective investment trusts, not separately managed accounts. Service-Disabled Veteran-Owned Set Aside: No Due date:12/03/2024 5:00 PM Contract term: 8 Years County(ies): All NYS counties Business entities awarded an identical or substantially similar procurement contract within the past five years: N/A