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Nevada Treasurer's Office·Nevada

Outside Investment Manager

Closes 4/22/2024$100k – $500kRequest for Proposal
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Description

The State of Nevada Purchasing Division has released a Request for Proposal (RFP) for an outside investment manager. The RFP is for the management of Washoe County's investment portfolio. The proposal requires respondents to provide information on their investment strategy, experience, and qualifications. The evaluation criteria include the respondent's investment philosophy, risk management, and performance. The contract is expected to start on November 1, 2024, and end on November 30, 2028. • The RFP is a joint procurement with Washoe County and other local government agencies. • The proposal requires respondents to provide information on their investment strategy, experience, and qualifications. • The evaluation criteria include the respondent's investment philosophy, risk management, and performance. • The contract is expected to be awarded to the highest ranked responsible bidder. • The contract terms will be negotiated with the successful bidder and are contingent upon acceptance by the Washoe County Investment Committee and approval of the Board of County Commissioners.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Teri Becker, Mark Stewart(Purchaser, Purchasing)

[email protected], [email protected]

(775) 684-0170, 775-328-2281

Key dates

Opened
1/25/2024
Questions due
3/8/2024
Closes
4/22/2024
Duration
48 months

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
523930
Solicitation №
05TO-S2659

Budget estimate

$100,000 – $500,000

The budget for this contract is likely to be in the range of $100,000 to $500,000 per year, based on the scope of work and the expected duration of the contract. The actual budget will depend on the negotiated contract terms and the performance of the selected investment manager. Factors that may influence the likely payment range include the size of the investment portfolio, the complexity of the investment strategy, and the level of service required.

AI estimate from the solicitation

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