Notice of Intent to Award Contract - RFP 24-004 ARMB Proxy Services

The Alaska Retirement Management Board has issued a notice of its intent to award a contract to Institutional Shareholder Services Inc. (ISS) for proxy voting services related to the management of its equity and REITs portfolios. The scope of services includes voting on proxies, developing a proxy voting policy aligned with ARMB’s objectives, providing detailed reports on all voted proxies and any deviations from policy, conducting research on individual votes with recommendations and explanations, and periodically reporting on the proxy voting process. This contract aims to ensure transparent and consistent proxy voting practices that adhere to the board’s strategic goals. Following the publication of this notice on December 11, 2023, there is a 10-day period during which protests can be submitted in writing to the designated project director, Alysia Jones, at the Alaska Department of Revenue. The solicitation for this contract was posted on March 6, 2024, with a response deadline of March 15, 2024. The contract falls under NAICS code 541330, indicating professional, scientific, and technical services, and is managed by the State of Alaska’s Department of Revenue. Interested parties can access additional details through the provided online link.