Learn how ServiceSource Delaware helps people with disabilities, and how their clients are facing the challenges of the coronavirus pandemic in this edition of Treasury Talks. More Info
The Office of the State Treasurer (“OST”), on behalf of the Cash Management Policy Board (the “Board,” and together with OST, the “State”), issues this request for proposals (the “RFP”) seeking offers from qualified financial services firms (“Vendors”) with substantial public fund experience to provide investment advisory services to the Board and OST. The selected firm will serve in a fiduciary capacity. The RFP is issued pursuant to 29 Del. C. §§ 6981, 6982 and 6986.
MINIMUM INVESTMENT ADVISORY EXPERIENCE: To be eligible to receive an award, Vendors must (a) have investment advisory experience with continuous performance for the last ten (10) years, with a minimum of $50 billion in public funds oversight at all times during that period, and (b) be independent of the State’s banks, investment managers, endowment managers and custodian and free of conflicts of interest.
Tentative RFP Timeline
There will be no pre-bid meeting associated with this RFP.
This RFP is not an offer. The State reserves the right to cancel this RFP or modify the above RFP dates at any time, and for any reason.
The Office of the State Treasurer (“OST”), on behalf of the Cash Management Policy Board (the “Board,” and together with OST, the “State”), issues this request for proposals (the “RFP”) seeking offers from qualified investment management firms (“Vendors”) to provide investment management services to the State for certain pooled endowment/trust funds (the “Endowment Fund”). The RFP is issued pursuant to 29 Del. C. §§ 6981, 6982 and 6986.
MINIMUM INVESTMENT MANAGEMENT EXPERIENCE: To be eligible to receive an award, except as provided in the next sentence, Vendors must have investment management experience with continuous performance for the last ten (10) years, with a minimum of $1 billion in assets under management during that period. Any firm with primary headquarters in Delaware may be eligible to receive an award if such firm has a minimum of $250 million in assets under management and a track record of at least five (5) years of continuous performance managing at least such amount may submit a proposal.
There will be no pre-bid meeting associated with this RFP.
This RFP is not an offer. The State reserves the right to cancel this RFP or modify the above RFP dates at any time, and for any reason.
Visit the State’s Bid Solicitation Directory to learn more about open and awarded solicitations.
Related Topics: banking, local bank, Request for information, request for proposal, RFI, rfp
Delaware's Governor
State Agencies
Elected Officials
General Assembly
Delaware Courts
State Employees
Cities & Towns
Delaware State Code
State Regulations
Business First Steps
Phone Directory
Locations Directory
Public Meetings
Voting & Elections
Transparency
Delaware Marketplace
Tax Center
Personal Income Tax
Privacy Policy
Weather & Travel
Contact Us
Corporations
Franchise Tax
Gross Receipts Tax
Withholding Tax
Delaware Topics
Help Center
Mobile Apps
E-mail / Text Alerts
Social Media
