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Independent Investment Consulting / Performance Audit

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State & Local

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

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This subcontract for Independent Investment Consulting and Performance Audit supports the Alabama Department of Finance by providing independent verification of investment performance and compliance for prime contractors. The selected provider will utilize performance attribution software to benchmark portfolio returns against established indices and audit adherence to balanced portfolio mandates. The primary deliverables include comprehensive independent performance audit reports and formal compliance certifications. Qualified candidates must hold CPA or CFA certifications to ensure professional standards in financial auditing. This opportunity is associated with the Peace Officer Annuity and Benefit agency under NAICS code 541611. Interested parties should note the response deadline of November 16, 2026.

General Info

Independent investment consulting and performance auditing for Alabama Department of Finance by November 2026.

Documents

This scope was carved out of SRC0000037379.

The full solicitation package (2 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

PS- RFP for Investment Management Services & Custodianship for AL Peace Officers’ Annuity and Benefit Fund

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Organization & Contact Information

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AgencyAlabama → PEACE OFFICER ANNUITY &BENEFIT
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Performs independent verification of investment performance and compliance for prime contractors on State of Alabama Department of Finance portfolio projects. Benchmarks portfolio returns against indices and audits compliance with balanced portfolio mandates using performance attribution software. Requires CPA or CFA certifications. Delivers independent performance audit reports and compliance certifications.

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More opportunities from Alabama → PEACE OFFICER ANNUITY &BENEFIT

Same awarding agency

New
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PS- RFP for Investment Management Services & Custodianship for AL Peace Officers’ Annuity and Benefit Fund
Solicitation # SRC0000037379
The Alabama Peace Officers’ Annuity and Benefit Fund is soliciting proposals for investment management, consulting, and custodial services for a balanced portfolio valued at approximately 45 million dollars. The contract period runs from January 28, 2027, through September 30, 2028, with the option for two one-year renewal periods. The selected firm will be responsible for managing a portfolio consisting of 60 percent equities, 36 percent bonds, and 4 percent money market assets. Key performance goals include exceeding the average annual return of the Bloomberg A+ US Government/Credit Index for fixed income and the S&P Composite 1500 Stock Index for equities, with all individual fixed income securities maintaining a rating of A or better. Proposals must be submitted via Alabama Buys by November 16, 2026, at 4:30 PM CT. The evaluation process is based on five equally weighted categories: services offered, cost structure, experience, investment style, and the senior advisor's commitment to in-person attendance at monthly board meetings. Required documentation includes a proposal, statement of fees, minimum qualifications, a certificate of compliance, and a disclosure statement. Awardees must comply with the Beason-Hammon Alabama Taxpayer and Citizen Protection Act, provide proof of E-Verify enrollment, and maintain errors and omissions insurance. Compensation is paid quarterly in arrears based on the fair market value of the portfolio.

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