Investment Management Services

The City of Cape Coral, Florida is seeking qualified firms to provide Investment Management Services for its investment portfolio, with the goal of maximizing yield while ensuring liquidity and preservation of principal, and to recommend revisions to its current investment policy. The solicitation, numbered 2026-RFP-FN-008-KS, was posted on May 6, 2026, with proposals due by May 29, 2026, and must be submitted exclusively through the OpenGov procurement portal. Respondents must be registered with the City’s vendor portal and demonstrate at least five years of experience managing fixed-income portfolios for Florida governmental entities, be registered with the SEC, and maintain a physical office in Florida. Proposals must include two recent audited financial statements, proof of Florida contractor licensure, a City of Cape Coral Competency License, E-Verify compliance documentation, notarized immigration and Human Trafficking Affidavits, and certifications regarding absence from Florida’s scrutinized companies lists. The City reserves the right to conduct facility inspections prior to award and to evaluate proposals based on technical factors including background and experience, qualification of personnel, financial capacity, prior experience, and fees or costs, with no assigned weights but emphasizing selection of the most qualified firm, allowing for price negotiations after evaluation. The contract term is three years with two one-year renewal options, subject to mutual agreement and annual appropriation by the City Council. Contractors must adhere to Florida statutes regarding social and ideological neutrality, comply with all federal and state investment regulations, and flow down insurance and E-Verify requirements to subcontractors, who may be terminated for employing unauthorized workers. The City retains the right to cancel the contract with thirty days’ written notice and may piggyback on the awarded contract for other governmental entities. All submissions must be in .pdf or Excel format and must include a corporate resolution, collusion statement, and state registration documentation. Payment details, accounting identifiers, invoicing systems, and contract type are not specified, and no formal FAR clauses or packaging requirements are included. The primary point of contact is Heather Abrams, Debt Treasury Manager, with Kim Swartz as the secondary contact.