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Investment Custodial and Accounting Services

Active
State & Local

Contract Overview

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

General Info

Agency

Ohio → Bur Of Workers' CompensationView Agency

NAICS

523110 - Investment Banking and Securities DealingView NAICS

Place of Performance

OH, USA

Set-Aside

NONE

Documents

This scope was carved out of RFP270183.

The full solicitation package (1 document), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

Active U.S. Aggregate Core Plus Fixed Income Investment Management Services

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Organization & Contact Information

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AgencyOhio → Bur Of Workers' Compensation
ContactsNo contacts available
OfficeN/A
Organization / Agency
Ohio → Bur Of Workers' Compensation
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Office AddressN/A
ContactsNo contact information available

Full Description

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Provides asset custody, trade processing, and accounting infrastructure for prime contractors managing the Ohio Bureau of Workers' Compensation State Insurance Fund. Performs trade settlement, clearing, daily valuation of holdings, and tax reporting via institutional custody platforms. Requires SEC registration and fiduciary bonding. Delivers account statements, trade confirmations, and tax documents.

Similar Contracts

Same NAICS industry code

More opportunities from Ohio → Bur Of Workers' Compensation

Same awarding agency

NAICS: 523940
New
SLED
RFP270183 Active US Aggregate Core Plus Fixed Income Investment Management Services
Solicitation # RFP270183
The Ohio Bureau of Workers’ Compensation (BWC) is seeking multiple investment managers to provide Active U.S. Aggregate Core Plus Fixed Income Investment Management Services for the State Insurance Fund. The target allocation for this mandate is approximately 33% of the fund, totaling roughly $6.9 billion. Selected managers will be expected to achieve capital appreciation and outperform the Bloomberg U.S. Aggregate Index and peer group medians over three, five, and ten-year periods. Portfolios must consist of U.S. dollar denominated securities eligible for the benchmark index, with plus sectors such as high yield and emerging markets generally limited to 30% of the portfolio. To qualify, firms must be SEC-registered investment advisors or regulated national banks with at least $25 billion in total firm assets under management and $20 billion in total fixed income assets. Additionally, they must demonstrate at least $3 billion in the specific proposed strategy, $500 million in a single separately managed account, and seven years of performance history against the benchmark. The contract features an initial five-year term with the option for unlimited five-year renewals at the BWC's discretion. Proposals must be submitted in sealed three-ring binders, including one original, two hard copies, and one electronic PDF version on a USB drive, by September 24, 2026, at 2:00 PM ET.
Portfolio Management and Investment Advice

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3 days ago

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in 21 days
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NAICS: 523940
New
SLED
Active U.S. Aggregate Core Plus Fixed Income Investment Management Services
Solicitation # RFP270183
The Ohio Bureau of Workers’ Compensation (BWC) is seeking to contract with multiple investment managers to provide Active U.S. Aggregate Core Plus Fixed Income Investment Management Services for the State Insurance Fund. The target allocation for this strategy is approximately 33% of the fund, valued at roughly 6.9 billion dollars. The primary objective is to achieve capital appreciation and outperform the Bloomberg U.S. Aggregate Index and peer group manager total return medians over three, five, and ten-year periods, net of fees. The contract features an initial five-year term with the option for additional five-year renewals at the sole discretion of the BWC. To qualify, managers must be SEC-registered or regulated national banks with significant assets under management, including at least 25 billion dollars in firm AUM, 20 billion dollars in total fixed income AUM, and 3 billion dollars in the specific proposed strategy. Additionally, firms must demonstrate at least seven years of performance history against the Bloomberg US Aggregate Index and assign a lead portfolio manager with at least three years of relevant experience. Selected managers must act as fiduciaries, adhere to the BWC Investment Policy Statement, and provide monthly performance reports and electronic trading transmissions to the designated sub-custodian and master record-keeper. Proposals must be submitted in sealed three-ring binders to the BWC Procurement Department in Columbus, Ohio, by September 24, 2026. The selection process is based on best value, and BWC reserves the right to negotiate fees with finalist candidates. Awardees must comply with various state and federal certifications, including non-discrimination laws, anti-boycotting agreements regarding jurisdictions like Israel, and prohibitions on the use of public funds for offshore services in Russia. Payment will be handled via electronic fund transfers generally within thirty calendar days of invoice receipt.
Portfolio Management and Investment Advice

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3 days ago

DEADLINE

in 21 days
View Details