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This Solicitation opportunity from California was posted on March 4, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

REQUEST FOR PROPOSAL For INVESTMENT MANAGEMENT SERVICES

Closed
REQUEST FOR PROPOSAL For INVESTMENT MANAGEMENT SERVICESState & Local

Contract Overview

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

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NAICS: 561110
New
SLED
Child & Eldercare Committee Oversight
Solicitation # 77250
The State of Vermont Department of Human Resources is seeking one or more contractors to provide comprehensive administrative and facilitative support for the Child and Eldercare Committee. The scope of work includes managing committee meeting preparations such as announcements and minutes, overseeing the entire lifecycle of child and eldercare reimbursement applications from distribution to the drafting of approval or denial letters, acting as a liaison with Child Care Resource and Referral contractors, and promoting the benefit through communications and benefit fairs. The solicitation, posted on October 26, 2026, requires electronic submissions by November 13, 2026, in a single searchable PDF. Evaluation will be based on the best interest of the state, considering the bidder's methodology, experience, cost, and timeline, with preference given to resident bidders. Contractors must adhere to strict security standards consistent with NIST SP 800-53 and FIPS 200, and they must securely dispose of state data within thirty days of a request or contract termination. Financial and compliance requirements include net 30 payment terms and mandatory registration with the Vermont Secretary of State. Bidders must provide a price schedule based on hourly labor rates and may be required to submit a Best and Final Offer or participate in presentations. Depending on the bid amount, contractors may need to provide certifications regarding lobbying, climate change considerations, and worker classification compliance, as well as detailed subcontractor reporting including workers compensation insurance providers.
Department of Economic Development

POSTED

2 days ago

DEADLINE

in 16 days

AI Contract Overview

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The contract involves providing comprehensive investment management services to the Santa Ana Watershed Project Authority in California. The selected investment adviser will be responsible for reviewing and advising on the agency’s investment program annually, including updates to the Investment Policy, liquidity management, cash flow analysis, and performance benchmarks. They will manage the agency’s investment portfolio on a discretionary basis, executing buy and sell orders for securities in accordance with the California Government Code and the agency’s policies. The adviser will coordinate all security transactions with the agency’s custodian, ensuring trades are executed through competitive bidding when possible, and will report all portfolio activities monthly. Additionally, the adviser will perform broker/dealer due diligence, maintain relationships within the broker community, and continuously monitor market conditions to recommend policy or strategic adjustments as needed. The contract is set to be awarded through a solicitation process posted on March 4, 2025, with responses due by April 24, 2025. The project size ranges from $500,000 to $2,000,000, and the services are to be performed within California. The primary point of contact is Emily Fuentes, reachable via email at [email hidden] or by phone at [phone hidden]. The engagement emphasizes a comprehensive approach to investment oversight, ensuring the agency’s investment objectives are met through diligent management, strategic oversight, and adherence to regulatory standards.

General Info

Agency

California → Santa Ana Watershed Project Authority

Place of Performance

CA, USA

Set-Aside

NONE

Documents

0

No documents available

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyCalifornia → Santa Ana Watershed Project Authority
Contacts1 person available
OfficeN/A
Organization / Agency
California → Santa Ana Watershed Project Authority
Office AddressN/A

Full Description

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Primary Scope Elements – Specific responsibilities of the selected investment adviser will include, but are not limited to the following:1. In consultation with Agency staff, annually review the Agency’s current investment program and provide recommendations regarding the Agency’s Investment Policy,liquidity management and cash flow analysis, investment objectives, and selection of appropriate performance benchmarks and report performance against established benchmarks.2. Using a discretionary portfolio management approach, manage on a daily basis the Agency’s investment portfolio pursuant to the California Government Code, the Agency’s Investment Policy and establish investment objectives and benchmarks.3. Place all orders for the purchase and sale of securities, communicate settlement information to the Agency’s staff and coordinate security settlement with the Agency’s custodian. Execute all approved trades through competitive bidding processes when possible. Report all portfolio transactions to the Agency on a monthly basis. The investment advisor WILL NOT provide custodial services or security safekeeping.4. Perform broker/dealer due diligence and maintain relations with the broker/dealer community.5. Continually monitor market conditions and circumstances and report on anyrecommended changes to policies, strategies, and specific positions.

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