RFP-171-260000002293-2 | Investment Consulting Services RFP

The Michigan Department of Treasury’s Office of Investment Management, under the Michigan Department of Technology, Management and Budget, is soliciting proposals for investment consulting services through RFP-171-260000002293-2. The solicitation is open to qualified firms capable of providing comprehensive investment advisory support to the State of Michigan’s pension and trust funds, with services expected to span various locations across the state. Proposals must be submitted no later than August 19, 2026, at 7:00 PM Eastern Time, and all responses should be submitted via the state’s procurement portal, with online access provided through the official Michigan procurement website. The contract is not subject to any specific small business set-asides, and no NAICS code has been designated, allowing for broad participation from experienced institutional investment consultants. The point of contact for questions and further information is Adam Ashley, reachable at ashleya2@michigan.gov or 517-855-1376, with additional support provided by the DTMB office. Proposals will be evaluated based on the firm’s expertise in managing large-scale public pension assets, strategic asset allocation, risk management, performance analysis, and demonstrated experience working with state-level entities. While the place of performance is listed as various locations across Michigan, service delivery may require regular interaction with state officials at the agency’s central location. All interested parties are encouraged to review the full solicitation on the Michigan procurement portal to understand evaluation criteria, required documentation, and contractual expectations before submitting responses.