Investment Advisory Services

The School Board of Brevard County, Florida, is soliciting proposals under solicitation 27-0057-P-DR for comprehensive Investment Advisory Services. The selected respondent will act in a fiduciary capacity to provide daily portfolio management, including quoting and placing security orders and coordinating settlements with the District's custodian. Key deliverables include monthly and yearly activity statements and quarterly investment reports detailing market conditions and performance. To be considered responsible, proposers must be registered with the SEC and FINRA and possess at least three years of experience working with large school districts or governmental agencies. Responses must be submitted electronically via the OpenGov e-Procurement Platform by October 14, 2026, at 2:00 PM ET. The evaluation process consists of a pass/fail procurement review followed by a percentage-based scoring system to determine the most advantageous respondent. The contract requires strict adherence to Florida statutes, the Local Government Prompt Payment Act, and the Jessica Lunsford Act. Additionally, the contractor must comply with federal labor standards, including the Davis-Bacon Act and the Copeland Anti-Kickback Act, and maintain comprehensive cybersecurity measures and cyber liability insurance. All records related to the contract must be maintained for at least seven years.